Impact assessment of Self Help Groups on SHG members in Madhya Pradesh

ABSTRACT The concept of Self Help Group has its extraction in rural and urban Madhya Pradesh and striving to improve living conditions of poor especially poor women. It is self employment generation plan especially for rural women who dont have their own assets. Empowerment of women through micro finance institutions in rural Madhya Pradesh can challenge their traditional practice and culture to effectively promote their happiness. The present study addresses the impact assessment of SHGs on various aspects of its member's life like social impact, economical impact, psychological impact and political impact. It's based on the Condition, family background, education level, and size of the family. The crucial task of the SHG programme is to supply access to credit in the context of poverty reduction and women's empowerment. With the aim to meet the Millennium expansion Goals and microfinance programmes' role in supporting it, there has been an increasing expectation on their impact on women empowerment. However, the perception and prospects of the members of the SHGs differ from person to person. This paper analyses the perceptions of the members of the SHG Programme. Keywords – Microfinance, Rural Urban, SHG