Review of the Functioning of SHG in the Context of Economic Development of the Women Members and its Impact on their Income

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Nikhitha M. K.
Prabhakar Neermarga


Purpose: Women in the research area are totally ignorant of their potential and individuality, which results in unhealthy lives. They also live in poverty and the most deplorable conditions of ignorance. They are driven by a strong desire to escape poverty. They take part in self-help group’ income-generating activities in addition to other things they do. However, from the time they first join Self Help Groups through the end of their involvement in such activities, their socio-economic situation pushes them to deal with various issues. Rural women are the most marginalized group and are excluded from both economic and social life. Microcredit is the most effective tool for empowering women since it gives them the ability to meet their needs throughout their lives. The study comes to the conclusion that self-help group members’ capacity, capability, professional, and entrepreneurial skills need to be improved in order to make them successfully engaged in income-generating activities. SHG taught members approach dealing with difficulties with greater confidence, entrepreneurial skill, knowledge, and a more upbeat attitude. The expansion of group members’ businesses and income-generating endeavors is essential for the self-help group to continue to exist. Also, loans should be provided to these women in reasonable rate and they should have knowledge about all the financial aspects of loan which is lacking currently.

Design/Methodology/Approach: The majority of the data included in the current paper comes from secondary sources. The government’s website was used to obtain secondary data, while other publications such as journal articles and government publications were used as verified sources.

Findings: After joining the group, it is discovered that access to education, health care, nutritious food, and housing has increased. All of them agree that their understanding of the value of children’s education, health, finance, and their roles in society has increased. As a result of their association with the group, they feel more confident about leading better lives.

Originality/Value: This study investigates the relationship between SHGs, microfinance organizations, and the empowerment of women. The contribution of SHG to the development of women’s rights and its impact on women’s engagement in the business field.

Paper type: Review Paper


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How to Cite
Nikhitha M. K., & Prabhakar Neermarga. (2022). Review of the Functioning of SHG in the Context of Economic Development of the Women Members and its Impact on their Income. International Journal of Case Studies in Business, IT and Education (IJCSBE), 6(2), 567–599.