2002
Chetna Gala Sinha
Founder and Chair
Mann Deshi Foundation
Chetna Gala Sinha is an activist, farmer, and banker. In the early 1980s, while still a student in Mumbai, she joined the Jayaprakash Narayan movement and travelled through the country championing land rights and other social issues. In 1996, Chetna founded the Mann Deshi Foundation in Mhaswad, a drought-stricken area of Maharashtra, with the aim of economically and socially empowering rural women. In 1997, she set up the Mann Deshi Mahila Sahakari Bank - India’s first bank for and by rural women.
Today, the Mann Deshi Bank has over 100,000 account holders, has loaned over $50 million, and regularly creates new financial products to support the needs of female micro-entrepreneurs. It has received the 2006 Microfinance Process Excellence Award, the 2014 Best Eco-Tech Bank Award by the Indian Bank Association and the 2015 'Best Bank Award' by the Maharashtra Urban Cooperative Banks Federation.
In 2006, Chetna founded the first Business Schools for Rural Women and in 2013, she launched the first Chambers of Commerce for women micro-entrepreneurs in the country. In 2012, she set up a Community Empowerment Programme for Farmers that supports Water Conservation. It has built 13 check dams and impacted 50,000 people. Mann Deshi Foundation also has a Sports Programme for talented athletes and a women-owned Community Radio that reaches over 50,000 listeners. In 2013, Mann Deshi Foundation was awarded the Best Innovation Award by the National Rural Livelihoods Mission. To date, Mann Deshi has supported over 400,000 women in India.
Chetna has received many accolades for her work. She was awarded the 2005 Jankidevi Bajaj Award for Rural Entrepreneurship, the 2005 Ashoka Changemakers Award, the 2009 Godfrey Phillips Bravery Award, the 2010 EdelGive Social Innovation Honors (Livelihood Category). She has won the the Schwab Foundation’s Social Entrepreneur of the Year Award (2013), the Forbes Social Entrepreneurs of the Year Award (2017) and was included by Fortune India as one of the country’s 50 top businesswomen (2018). She is the recipient of the Nari Shakti Puraskar, India’s highest civilian award for women who work in the area of women’s empowerment. She has served as a Co-Chair of the World Economic Forum in Davos (2018) and as a Co-Chair of Financial Inclusion at the W20 Summit (2018) in Argentina.