Demand survey for micro finance: A study conducted among urban poor women in the slums of Chennai city
S. John Kaviarasu, Dr. Sundara Raj, A. Christu Raj
The purpose of this article is to analyse the living condition and economic status of the urban poor women who have become the self-help group members under Mahalir Thittam Scheme, promoted through Women Development Corporation of Tamil Nadu State Government. The primary data was collected from 100 respondents who belong to 10 SHGs in the slums of Chennai city from the month of July - August 2015. Systematic Simple random sampling technique was used. The descriptive design was used to study the actual socio-economic living condition of the urban poor women right from the time of becoming the members of self-help groups to till date. This article comes out with the finding that women who belong to self-help groups exist primarily for credit operations at present. The other purpose of SHGs to advocate for availing community needs and finding a suitable remedy or solutions for the problems and issues that marginalize the life style of people and becoming a stumbling block for the ongoing development of the community is hardly ever addressed. The micro-credit group or SHGs often became a vehicle for providing security. The emphasis on savings and loans rather than the group process was the weakest link. The women groups are to be revitalized through awareness programme and serious of training programmes for the purpose for which it was formed and being supported to actualize the said objectives.