Another good piece on business education in rural India for micro-entrepreneurs.
Rural B-School Empowers Indian Women
On the first day of a 10-day business course, 15 women are gathered in an 8-by-10-foot classroom in western India, absorbing the nuances of finance. Teaching in the local Marathi language, the female instructor peppers her talk with examples to explain investments, credit, profit and loss, and market accessibility. The advanced finance course also will cover such topics as how to start a business, marketing techniques, loan options for seed capital, and determining selling prices for products. And then there's a mandatory session on building confidence.
It's B-school, with a difference. Those who have enrolled are a far cry from typical management students anywhere else in the world. There's a sheep and goat herder, a bangle vendor, a tea seller, a daily wage laborer, and even a homemaker. And the cost is not the thousands of dollars that a standard B-school charges—but the equivalent of $2.50 for the entire course.....
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