Economic and Socio impact of SHG on the beneficiaries

Abstract

Empowerment has multiple meaning and Centre different agencies define this differently from time to time to suit their purpose so its definition varies with time and in context. Empowerment is not essentially political alone; it is a process having personal, economic, social and political dimensions with personal empowerment being the core of the empowerment process. Intact, Political Empowerment will not succeed in the absents of economic empowerment. The scheme of micro  financing through SHG’s create empowerment promoting conditions for women to move from positions marginalization within household decision making process and exclusion within community to one of greater centrality , inclusion of voice.

                        Integration of women development and their empowerment are indiscernible for the development of any country. Empowerment is a process that addresses all sources and structures of power the process has to work individually and collective level. Individually poor women cannot overcome powerlessness. They can do it only collectively hence, the women have to be organized and have to acknowledge as a political force. It involves equal participation in decision making, control over resources and mechanism for sustaining this gain. Organizing women through the formation of SHG’s desire special attention.

                   The SHG is an important mechanism for empowering women. Organizing poor women into groups not only expand options available to them for their development but also provide them with opportunities to develop their confidence and skills to improve their status and to bring about a change in the attitude of the society towards women. The performance and evolvement of the group are based on many factors including the composition of the group wrap of financing participation of members in productive activities. Any study on these performances of SHG’s without considering the economic aspects of members will reveled only half the story. In this context an attempt is made to analyze the diversified activities of the members. For these purpose data were collected directly from the selected SHG’s from different wards in the kalady gramapanchayath.