Volume : V, Issue : VIII, August - 2015

Self–Help Groups: An Effective Tool of Empowerment of Poor

Kshirsagar Sunita Kashinath

Abstract :

 The structure of the SHG is meant to provide mutual support to the participants by assisting one another in saving money, opening up co–operative banking accounts that help women and other people to build credit with a lending institution. The SHG also functions to support members through maintaining consistent contact among group members to aid the individuals, savings goals to help support the creation of these micro–enterprises. Often the SHG helps in the conception of these businesses and even the implementation of these enterprises upon receipt of micro–loan. The Movement of Self Help Group (SHG) as the most effective tools for financial inclusion was started some thirty years ago with NGO’s promoting Self Help Group. This has evolved into a national movement with the proactive role of the state governments gaining recognition from all the major stakeholders.

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Article: Download PDF   DOI : 10.36106/ijar  

Cite This Article:

Kshirsagar Sunita Kashinath Self-Help Groups: An Effective Tool of Empowerment of Poor Indian Journal of Applied Research, Vol.5, Issue : 8 August 2015

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