Vol. 12, Special Issue 8 (2023)

Microfinance, exemplified by India's SHG-Bank Linkage Program (SHG-BLP), has emerged as a potent tool against poverty. Sampling 240 participants, the study reveals that SHG participation is more prevalent among younger and middle-age members, demonstrating its appeal to productive age groups. Contrary to prior studies, the research area predominantly embraces the joint family system. Family sizes tend to be smaller or medium-sized. Income distribution analysis highlights how SHG involvement has elevated numerous Below Poverty Line (BPL) families to Above Poverty Line (APL) status, contrary to earlier research findings. Training is a key aspect of SHG empowerment, with most members participating in various training sessions offered by organizations like MAVIM and KVK. The study contributes insights into the socioeconomic dynamics of women SHG members, emphasizing their role in poverty reduction, skill enhancement, and overall livelihood improvement. These findings resonate with global efforts towards sustainable development, showcasing the transformative potential of grassroots initiatives like SHGs.