INNOVISION Journal of Management Research

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Microfinance and Self-Help-Groups: A Study on Financial Management of SC-SHGs in Rural Assam


Affiliations
1 Assistant Professor, Department of Accountancy, Lakhimpur Commerce College, North Lakhimpur – 787001, Assam, India
 

Financial management helps in the proper functioning of every SHG. Every SHG has good
practice of managing the financial resources available with them. Finance can be raised by the
SHGs through microfinance. Through microfinance a small proportion of loan and other financial
support is provided to the poor in a small quantity by the financial institutions. SHGs are formed
by a group of people living in the same village known to each other and starttheir operations with
savings and create a fund. Proper monitoring and review by the management is very essential in
order to control the financial management of the group. The paper has attempted to understand
the financial management practiced by the SHGs with special reference to the SC-SHGS that
have been registered under economically weaker areas and also flood affected areas of rural
upper Assam.


Keywords

Financial Management, Microfinance, SHGs and SC Communities.
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  • • Ahmed K. & Kalita D. (2016) “Pig Husbandry for Sustainable Rural Development in Assam”, International Journal of Applied and Pure Science and Agriculture (IJAPSA), 2(3), 12-14.

  • • Barman, P. & Bhattacharya A. (2015). “Role of SHGs in Rural Development of Assam- A Study of Some SHGs of Kamrup District of Assam”, International Journal of Humanities & Social Science Studies (IJHSSS), A Peer-Reviewed Bi-monthly Bi-lingual Research Journal, I(VI), 109-116.

  • • Bhuyan, S. K. (2013). “Employment Generation through SGSY: An Evaluation in Lakhimpur District”. In G.N. Sharma (Ed.), Microfinance and Sustainable Development in North East India, New Delhi: Commonwealth Publishers,195-204.

  • • Das D. K. (2019). “A study on the Constraints Faced by the Scheduled Caste (SC) Women under National Rural Livelihoods Mission (NRLM) in Lakhimpur District of Assam”, International Journal of Research in Commerce, Economics & Management (IJRCM), 9(1), 20-24.

  • • Saha S. (2019). “Impact of Self-Help Groups in Rural Livelihood: A Case Study in Hooghly District of West Bengal”, International Journal of Social Science and Economic Research, 4(6), 4748-4771. http://ijsser.org/files_2019/ ijsser_04__365.pdf

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  • Microfinance and Self-Help-Groups: A Study on Financial Management of SC-SHGs in Rural Assam

Abstract Views: 112  |  PDF Views: 79

Authors

Diganta Kumar Das
Assistant Professor, Department of Accountancy, Lakhimpur Commerce College, North Lakhimpur – 787001, Assam, India

Abstract


Financial management helps in the proper functioning of every SHG. Every SHG has good
practice of managing the financial resources available with them. Finance can be raised by the
SHGs through microfinance. Through microfinance a small proportion of loan and other financial
support is provided to the poor in a small quantity by the financial institutions. SHGs are formed
by a group of people living in the same village known to each other and starttheir operations with
savings and create a fund. Proper monitoring and review by the management is very essential in
order to control the financial management of the group. The paper has attempted to understand
the financial management practiced by the SHGs with special reference to the SC-SHGS that
have been registered under economically weaker areas and also flood affected areas of rural
upper Assam.


Keywords


Financial Management, Microfinance, SHGs and SC Communities.

References





DOI: https://doi.org/10.31794/NLDIMSR.6.1.2022.42-47