Volume 18, No. 6, 2021

Evaluation Of Micro Finance Intervened Self Help Groups' Performance

Gunjan Shrikant Fulzele


A negative aspect of human growth is poverty. In order to serve underserved populations like women, the poor, rural residents, or those who are economically disadvantaged of the population, microfinance developed as a need-based policy and program. In India, the Self Help Group (SHG) Model is the most widely used method of providing microloans. The achievement of SHGs under the two mfi initiatives in Maharashtra—Bhartiya Adim Jati Sevak Sangh and NGOs—was compared in this research. Upon evaluating the superior characteristics of NABARD, BASIX, and other organizations, some quality metrics that were found were used to evaluate performance. Using primary data, the study is descriptive in nature. The study was conducted in the Maharashtra districts of Nagpur and Gadchiroli. 100 SHGs from the Bhartiya Adim Jati Sevak Sangh and 100 SHGs from NGOs make up the group being studied. A systematic method of interviews was used to gather primary information from 200 SHG leaders. The percentages, mean, combined mean, and independent t test were used to analyze the information collected. The outcome of the data analysis showed that the two mfi treatments had coherent SHGs. SHGs inside NGOs were placed top based on the combined mean expressing group cohesion. Based on their mean values, all performance metrics were graded. When compared to the Bhartiya Adim Jati Sevak Sangh, the SHGs of NGOs performed remarkably well, according to the combined mean, which represents the entire performance. The results of a test of the variance between SHG efficiency showed that there was significant variation in SHG success under the two microfinance programs.

Pages: 8773-8779

Keywords: Micro finance interventions, Bhartiya Adim Jati Sevak Sangh, Non-Governmental Organisations, Self-help groups,

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