Volume : IX, Issue : II, February - 2019

An Overview of Self-Help Groups - Conceptuality & Reliability

Vishwa Ajit Deuskar, Dr. Ashwin Purohit

Abstract :

Microfinance is the very popular term in financial sector. The term Micro finance suggests micro credit or micro loan. The main goal of micro finance is to provide borrowings to under & unprivileged people who are unable to get funds from banks & other formal financial intermediaries. Over the time, the scenario of micro finance has been changed. Micro finance has been considered as the largest movement where ‘the world for everyone especially for economically & socially backward people can access the qualitative financial services not only borrowings but also insurance, savings, fund transfer, payment services etc. in affordable way. Thus, micro finance is become a one tool to reduce poverty in economy. Self–help Group is the most effective tool of microfinance. It is an informal part of financial system. This paper focuses on what is SHG & the extent of its reliability in current environment.

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Article: Download PDF   DOI : 10.36106/ijar  

Cite This Article:

AN OVERVIEW OF SELF-HELP GROUPS - CONCEPTUALITY & RELIABILITY, Vishwa Ajit Deuskar, Dr. Ashwin Purohit INDIAN JOURNAL OF APPLIED RESEARCH : Volume-9 | Issue-2 | February-2019

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