Vol. 2, Issue 11 (2016)
Soci-Economic status of self-help group women in village development centre at Thuraiyur
Author(s): Dr. RS Balakumar, K Shenbaham
Abstract: A self- help group is defined as a group consisting of people who have personal experience of a similar issue or life situation, either directly or through their and friends. Sharing experiences enables them to give each other a unique quality of mutual support and to pool practical information and ways of coping. Self- help groups are small informal association of the poor created at the grass root level for the purpose of enabling members to reap economic benefits out of mutual help solitarily and joint responsibility. Self- help groups are formed voluntarily by the rural and urban poor to save and contribute to a common fund to be lent to its members as per group decision and for working together for social and economic uplift of their families and community. The concept of self- help groups had its origin in the co-operative philosophy and the co-operators by and large, including the National Federations in the credit sector, could not think of any better SHG than primary co-operative credit society itself. As SHG are small and economically homogenous affinity groups of rural poor.