Promotion of Micro Finance through Self Help Group-An Analysis
Author : Guruprasad HG
Abstract :
Self-help groups are the constructed groups which work constructively to resolve the financial related conflicts via mutual discussions on per collective leadership. They are known as an important source of micro-finance service provided to the poor. They act as a go-through for formal banking services to reach the poor, especially the women folk in rural areas. As for as Shri Kshetra Dharmasthala Rural Development Self-help groups are concerned, as a charitable units the groups play an unique role in bringing reformative changes in view of rural development. The unit aims at the financial empowerment of the rural folk. This kind of service is being rendered since the last three decades especially in Karnataka state. More than 27,18,000 families in Karnataka state are being benefited by the above cites Micro-finance scheme. Indeed, the volunteers of the Self-Help Groups require having a sense of leadership qualities, organizational skill as well as managing capacity up to the expectation of the needy poor people in respective regions. The objective of the scheme is to bring little changes through improving the financial condition as per the living standard of the rural folk.
Keywords :
Self-help groups, collective leadership, financial empowerment, organizational skill, living standard of the rural folk, etc.
