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Microfinance programme has been well-recognised world over as an effective tool for poverty alleviation and improving socio economic conditions of rural poor. In India too, microfinance programmes are making a strong headway in its efforts to reduce poverty and reduce the poor. Moreover these programmes have come to be regarded as supplementary development programmes, which widen the financial service delivery system by linking the large rural population with formal financial institutions through (SHGs Self Help Groups). The rural poor, with the intermediation of voluntary organisations join together for self help groups to secure better economic growth. This has resulted in the formation of a large number of self help groups in the country, which mobilize savings and recycle the resources generated among the members. These self help groups enable them to come together for a common objective and gain strength from each other.
Keywords:
micro finance, economic growth, rural empowerment, self help group etc.,
Cite Article:
"SHG Members Perception on Problems for the Microfinance Investment in Income Generation Activities", International Journal of Science & Engineering Development Research (www.ijrti.org), ISSN:2455-2631, Vol.3, Issue 5, page no.150 - 155, May-2018, Available :http://www.ijrti.org/papers/IJRTI1805027.pdf
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000205121
ISSN:
2456-3315 | IMPACT FACTOR: 8.14 Calculated By Google Scholar| ESTD YEAR: 2016
An International Scholarly Open Access Journal, Peer-Reviewed, Refereed Journal Impact Factor 8.14 Calculate by Google Scholar and Semantic Scholar | AI-Powered Research Tool, Multidisciplinary, Monthly, Multilanguage Journal Indexing in All Major Database & Metadata, Citation Generator