Chetana Sinha – Her Power of Empathy Made Her the Founder of India’s First Women’s Cooperative Bank
Chetana Sinha, a humble, but strong woman with grit and determination opened India’s first cooperative bank for women. Born and brought up in the throbbing Mumbai city, the spirit of activism and social change were kindled in her early on. It all started way back in the 1990s when some women asked Sinha for assistance. According to Sinha, all they sought was to open a savings account, but due to their "low-savings format," they were turned down. She decided to assist them in establishing a cooperative bank. However, the central bank rejected their idea because the women were illiterate. Not to be let down, these remarkable ladies took it upon themselves to learn to read and write. After six months, the cooperative received approval, and Mann Deshi Bank was established. This happened to be just the beginning as Sinha went on to launch many more initiatives as a solution to varied problems. As many talented women didn’t know how to market their products, Sinha started a business school for them. She also launched the community radio to provide a platform for women to share their stories of triumph and encourage families to support women. For being a beacon of hope and inspiration to countless women, Sinha has won innumerable recognition and awards including the Nari Shakti Puraskar, India's highest civilian award for women who work in the area of women's empowerment.