EMPOWERING WOMEN SELF HELP GROUPS THROUGH MICROFINANCE DURING COVID-19: A CASE STUDY OF WOMEN SHG

Keywords: SHG, Covid-19, Micro-Finance, Social Development, Local Community.

Abstract

The paper describes the mitigating effect of self-help groups in India during and post covid-19 situation. The study examines the potential opportunities and challenges concerning the contextual differences across and within the countries. Self-help group has been important in empowering its members by providing opportunities for livelihood support and income generator during the covid-19 situation. The self-help group played a very important role during the covid-19 situation as half of the SHG was involved in community awareness and infection prevention activities in their community. The study identifies a potential mechanism through which women's groups may be affected by covid-19 situations.

JEL Classification Codes: G21, I3.

Author Biographies

Richa Sharma, SU

Assistant Professor, Sharda University, India

Saurabh Mishra, IIITA

Assistant Professor, Department of Management Studies, Indian Institute of Information Technology Allahabad, India

Shashikant Rai, IITA

Assistant Professor, Department of Management Studies, Indian Institute of Information Technology Allahabad, India

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Published
2021-02-09
How to Cite
Sharma, R., Mishra, S., & Rai, S. (2021). EMPOWERING WOMEN SELF HELP GROUPS THROUGH MICROFINANCE DURING COVID-19: A CASE STUDY OF WOMEN SHG. Indian Journal of Finance and Banking, 5(1), 56-72. https://doi.org/10.46281/ijfb.v5i1.971
Section
Regular Research Article/ Short Communication Article