INTERNATIONAL JOURNAL OF ADVANCE RESEARCH
IN MULTIDISCIPLINARY

This paper explores the impact of Self-Help Groups (SHGs) on women's education and financial literacy in rural India. SHGs have emerged as a powerful tool for empowering rural women, providing them with opportunities to improve their socio-economic status. The study examines how SHGs contribute to enhancing women's access to education and promoting financial literacy, focusing on the role of these groups in addressing the educational gaps and financial challenges faced by women in rural areas. Data was collected through surveys and interviews with SHG members across multiple rural regions in India. The findings reveal that SHG participation significantly improves women's access to education, particularly for their children, and increases their financial literacy, including knowledge of savings, budgeting, and investment. The paper discusses the various mechanisms through which SHGs promote education and financial empowerment, including group discussions, capacity-building workshops, and access to microfinance resources. Despite these positive outcomes, the study also identifies challenges such as social norms, limited access to resources, and the need for improved training programs. The paper concludes that while SHGs are effective in improving women's education and financial literacy, addressing these challenges is crucial to realizing their full potential as instruments of empowerment in rural India.