Overview
Micro-finance is a major instrument of financial Inclusion for women. Women don’t have a say in the financial decisions of the household. To promote financial Inclusion of Women, women collectives are formed.
These self-help groups of women save small amounts of money on a monthly basis and lend amongst themselves on a nominal rate of interest.
Strategic Approach
Women unemployment rate in rural Rajasthan is 65.31% as compared to male unemployment rate of 21.20%.
The incapacity of the rural formal credit institutions to meet the credit necessities of the poor women had compelled them to look-out for substitute strategies to deal with the problem of poverty.
In these circumstances SHG can be a viable medium for social and economic empowerment of women. Jagran had formed 200+ SHG’s and JLG’s in Sarada, Salumbar, Kurabar and Girwa block of Udaipur between 2008-2019.
Apart from financial inclusion these women collectives form a platform for peer-group learning and collective action.
Impact Stories
Impact Story of Munger Bai
Munger Bai lives in Vali Village of Kurabar blocks is member of the Sawariya Seth SHG. Her husband works in the
Impact Story of Durga Bai
Durga Bai lives in Vali village of Kurabar block. Durga Bai’s husband works as a driver and her three children
