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SELF HELP GROUP

SELF HELP GROUP

The poor people are exploiting by the money lender with high rate of interest, distress sale or mortgaging a valuable or the unripe crop when it is still in the field is the only alternative for a vast majority of the people. The Grace Social Welfare Trust has focus especially with slums people for self-income generation group, so that the people can meet their financial need. Micro finance is recognized as a key strategy for addressing issues of poverty alleviation and women’s empowerment. Access to financial services and the subsequent transfer of financial resources to poor women enable them to become economic agents of change. People become economically self-reliant, contribute directly to the well-being of their families, play a more active role in decision-making, and are able to confront systemic gender inequalities. In this regard organization facilitated the concept of Self Help Groups among community women to encourage them to participate in their development and work towards day-to-day problems through small savings. It was a major step to realize economic freedom. 10 Self Help Groups are successfully functioning in the slum areas. The meetings for the formation of new groups and follow-up with the existing groups are a regular feature of the program. These Self Help Groups have given the members a sense of identity and a common platform to discuss their grievances.

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