Shg Microfinance Model Essay

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SHG microfinance model is widely accepted measure to promote development and empowerment of women. Micro financial programmes targeted mainly on women. The traditional philosophical practices confined women as inferior to men. But SHGs intervention is the key which opens the door to practical life. Participation in income generating activities and economic independency should transform marginalized women into mainstream. Women empowerment is much important, the changes in their life enhance the prosperity at household, community and national level. Microfinance programmes have the power to destroy poverty and ever increasing unemployment rate. The problem of poverty, unemployment and inequality are the main barrier to the development process ( Vasanthakumari .P, 2014) The first chapter deals with the introductory chapter is concerned about the …show more content…

NHGs are more helpful to promote entrepreneurial skill among women. Financial independence is the base for empowerment of women. This study reveals that NHGs based enterprises are beneficial to them. But out 320 members from different groups only 60 members were doing entrepreneurial activities. SUGGESTIONS The following are the suggestions based on the present study to improve the performance of NHGs. 1. Government should conduct adequate and periodical training programmes to be at the residential level. It encourages the level of participation among them. 2. Government should provide special training to organic farming. Most of the respondents are interested in organizing collective farming. The major constraint is unavailability of suitable land. So appropriate measures should be adopted by the government to solve this problem. 3. Strengthening the existing group. 4. Reduce credit

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