A novel approach for the empowerment group using micro finance technology

Abstract

Women entrepreneurs' play an important role in local economies, and women undertake a large percentage of micro-enterprises in developing countries. Rural women frequently have primary responsibility for agricultural production, in addition to domestic responsibilities and childcare. In developing countries like India where the economic status of women is very pathetic especially in rural areas and opportunities of earning are very less in this scenario the Self Help Groups (SHGs) have paved the way for economic independence of rural women. The participation of women in Self Help Groups (SHGs) made a significant impact on their empowerment, both in social and economic aspects. This study addresses women empowerment through self-help groups in Thavasimadai Panchyat, Sanarpatti Block, Dindigul district of Tamilnadu. The information required for the study has been collected from both the primary and secondary sources. Purposively Sampling method has been followed. Among the total 50 groups; one per cent 5 groups were randomly selected, each group consists of 12 members, totally 60 respondents were selected for the study. This study is essentially empirical. It aims at identifying and describing the various changes among the members before and after joining the SHG's. The data was collected through a structured interview schedule through 60 SHG members in the study area. Average and percentage analysis was carried out to draw a meaningful interpretation of the results.