Abstract
A Self help group (SHG) is small and formally registered group consisting 10- 15 members who work together as a team. They save small amounts and are disbursed loans without collateral security. Self help group member sharing mutual help and maintain a collective book keeping record with the entire group. They suffer economically and socially facing numerous of obstacles in their day to-day lives. Microfinance plays an important role in promoting self development, improving skills knowledge and facilitating fund transfers within the groups. Indian microfinance sector is fully pledged the financial assistance to SHG member developing the micro economic activities throughout India. This paper highlights the financial assistance to SHGs under National Rural Livelihoods Mission in India.
Keywords: Women, Scheme, Self Help Group, Microfinance, Government
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