Women entrepreneurs make a significant contribution to the Indian economy. There are nearly three million micro, small, and medium enterprises with full or partial female ownership. Around 78 percent of women-owned businesses operate in the services sector. Although, their financing requirements are quite similar, data indicates that women entrepreneurs have lower access to finance from formal financing sources when compared with male entrepreneurs (demand-supply gap for women-owned enterprises is estimated at 86 percent compared with men-owned enterprises at 72 percent). One of the main reasons for this is the high proportion of women-owned enterprises in the services segment and the need for male family members to support loan applications. Chapter one highlights the key characteristics of women-owned businesses and discusses the major issues confronting women owned MSME entrepreneurs. It focuses on lack of financing as a barrier to growth and success. The subsequent two chapters focus on assessing market opportunities by estimating demand-supply gap in access to finance for women entrepreneurs (chapter two) and details global best practices in financing women-owned enterprises (chapter three). The report concludes by presenting the business case for financing women-owned MSME finance and outlines recommendations for financial institutions to address the lack of access to formal finance for women-owned businesses in India (chapter four).