SHG-Bank Linkage Program

The SHG-Bank Linkage Program is an initiative in India aimed at empowering rural women by promoting self-help groups (SHGs). These groups, typically consisting of 10-20 members, encourage savings and provide a platform for mutual support. By linking these SHGs with banks, members gain access to affordable credit, enabling them to start small businesses and improve their financial independence. This program not only aims to enhance women's socio-economic status but also fosters community development and poverty alleviation by facilitating better financial inclusion and encouraging self-sufficiency within rural areas.