Analysing The Status Of ‘SHG’ Groups Funded By NERLP In Mizoram: A Case Study Of Aizawl District

Abstract

The self-help group is one of the major focus areas of the project and implemented in the whole area of the district. SHG is a small group of rural poor, who have voluntarily come forward to form a group for improvement of the social and economic status of the members. It can be formal (registered) or informal. Members of SHG agree to save regularly and contribute to a common fund. The members agree to use this common fund and such other funds (like grants from the project and loans from banks in the future), which they may receive as a group, to give small loans to needy members as per the decision of the group. The SHGs are conceived as a self-sustainable microfinance system at the community level.