Article Abstract
International Journal of Advance Research in Multidisciplinary, 2023;1(2):654-658
To study the 'Impact of the SHGS-bank linkage program on the socioeconomic status of members of the groups in district Malda
Author : Sanat Kumar Singha and Dr. Meena
Abstract
The study looks into how women's social and economic empowerment in rural areas is impacted by microfinance interventions and the entrepreneurial activities of Self-Help Group (SHG) members. The study uses a mixed-methods approach, integrating qualitative insights from case studies, interviews, and surveys with quantitative data analysis. The results of the study showed that microfinance and entrepreneurial activity had a moderately substantial and noticeably good effect on the social, economic, and psychological aspects of women's empowerment. Additionally, the inclusion of case studies demonstrated how microfinance initiatives and entrepreneurship have significantly empowering women in a number of areas, including boosting their overall self-confidence and well-being, increasing their financial independence, improving their participation in decision-making processes, and creating social networks and support. These observations highlight the revolutionary potential of microfinance programs in promoting women's empowerment and gender equality across a range of socioeconomic circumstances.
Keywords
Entrepreneurial, social, economic empowerment, gender equality, self-confidence