Financial Resilience and Economic Mobility through Self-Help Groups: Insights on Skills and Entrepreneurship
DOI:
https://doi.org/10.17697/ibmrd/2025/v14i2/174487Keywords:
Self-Help Groups, financial resilience, skill development, rural entrepreneurship, women’s empowerment, grassroots change, community-based support.Abstract
This paper looks at how Self-Help Groups (SHGs) are changing lives in rural communities, especially for women. Through shared savings, small loans, and mutual support, these groups are helping members build financial stability, learn practical skills, and launch small businesses. Based on data from [insert number] villages, the study highlights real outcomes: more steady income, better access to credit, and a rise in self-employment and skill-based work. Many women say their SHG gave them more than financial tools—it gave them confidence, a sense of belonging, and the courage to try something new. These findings show that SHGs are not just financial programs—they're platforms for personal growth, economic opportunity, and community transformation. The paper calls for greater investment in SHG networks, especially in areas where poverty and lack of opportunity continue to hold people back.
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