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Indian Journal of Public Health Research & Development
Year : 2019, Volume : 10, Issue : 5
First page : ( 99) Last page : ( 103)
Print ISSN : 0976-0245. Online ISSN : 0976-5506.
Article DOI : 10.5958/0976-5506.2019.00977.X

Analysis of Problems Faced by Leaders of rural and Urban Self Help Groups benefitted by Micro Finance Institutions in Madurai District, Tamilnadu

Thangamayan S.1, Chandrachud S.2, Sugumar S. N.3

1Assistant Professor, Department of Economics, VELS Institute of Science, Technology and Advanced Studies (Deemed to be University), Chennai

2Associate Professor, Department of Economics, VELS Institute of Science, Technology and Advanced Studies (Deemed to be University), Chennai

3Professor and Head, Department of Economics, VELS Institute of Science, Technology and Advanced Studies (Deemed to be University), Chennai

Online published on 4 June, 2019.

Abstract

Micro-finance refers to the financial services to low-income clients or members of self-help groups who have poor access to banking and related services. It is the provision of thrift, credit and other financial services to the poor in rural and urban areas to enable the beneficiaries to improve their living standards. Poor repayment of internal loan by members in this problems are group members co operation related problems and raising family responsibility, Poor financial support from the family in this problem are family related problems. The success of the microcredit scheme depends on how the problems of leaders of SHGs are solved. Raising family responsibility has also been a problem for the sample leaders of rural self help groups. Family restrictions on my mobility have also been a major problem for the sample of rural self help group leaders in family related problem. The present study aims at analyzing the problems faced by leaders of rural and urban self help groups benefitted by micro finance institutions in Madurai district of Tamilnadu.

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Keywords

Micro Finance, SHGs, Women Empowerment.

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