After an initial year of collaborating to co-create jobs and an income for women living in rural India, Women on Wings and VP Capital are pleased to announce that they are extending their partnership.
VP Capital’s commitment to tackling societal challenges aligns with Women on Wings’ purpose to break the circle of poverty and inequality through economic development.
VP Capital’s funding supports Women on Wings in getting closer to its ambitious goal of co-creating one million jobs for women in rural India. In the 2023-2024 financial year, 62,431 jobs were co-created through Women on Wings’ consultancy and mentoring with Indian social enterprises and government institutions. To date over 395,000 jobs have been co-created to transform countless lives.
About VP Capital
The owners of the family office VP Capital, the Van Puijenbroek family, started a workwear company over 150 years ago. Today, VP Capital commits its assets and network to sustainable progress for future generations. They invest with one thing in mind, to drive positive impact. From private equity to ventures, real estate or publicly traded businesses, each investment should address at least one of the solutions to the three focus challenges: biodiversity, climate and social equality.
It is one of the first European family offices to achieve the B Corp Certification, which recognizes the company’s ambitious standards in social and environmental performance, transparency, and legal accountability
Partnership to accelerate growth in jobs for women
Shilpa Mittal Singh, joint Managing Director of Women on Wings: “Due to our funding partnership with VP Capital, we are able to get the job done and focus on accelerating the growth of high-potential social enterprises in areas like regenerative agriculture, sustainable textiles. For government programs, due to this funding, we can create a strong and sustainable state brand, providing access to markets for women producers.”
A further commitment to empower women
Many women in rural India are still in an economically disadvantaged position. They often suffer from a lack of education, unequal property rights and limited control over resources. Employment can make a huge change for women and their families.
When women control additional income, they spend more of it than men on food, health, clothing, and education for their children. It is the way to break the cycle of poverty. Next to that, an income increases women’s self-esteem, self-pride, and self-worth. Thanks to its partnership with Women on Wings, VP Capital contributes to empowering women in rural India.
Picture: In the state of Uttar Pradesh, women employees work on the kisan charkha, a spinning tool used to spin organic cotton yarns for their employer, Women on Wings social enterprise partner SPOKSS. Artisans spin, weave and dye organic cotton. The hand-made fabrics are sold for garment construction and home linens.
Visit Women on Wings’ impact page to learn more about our progress or contact us via info[at]womenonwings.com
