The Role of Women Self-Help Groups in Rural India
Women Self-Help Groups (SHGs) have become a powerful force for change in rural India. By bringing women together to save, borrow, and invest, SHGs are not only promoting financial independence but also driving social and economic development. What are Self-Help Groups? Self-Help Groups are small, informal associations of women who pool their savings and provide loans to members. They are often supported by NGOs, government programs, and microfinance institutions. How SHGs are Transforming Rural India Financial Inclusion: SHGs provide access to credit for women who are often excluded from formal banking systems. Entrepreneurship: Many SHG members use loans to start small businesses, such as tailoring, farming, or handicrafts. Social Empowerment: SHGs empower women by giving them a voice in their families and communities. Community Development: SHGs often take up social causes like education, health, and sanitation, benefiting the entire community. […]