JESR 2019, 18(S1): 21-30

Original Article in Journal of Economic and Social Research

SELF-HELP GROUPS AS ENHANCING FACTOR FOR THE SOCIO-ECONOMIC DEVELOPMENT OF PEOPLE IN MODERN SOCIETY

Authors: Aisha Shafique1, Moshfique Abdulaziz2

1 Interdisciplinary Institute of Management and Organisational Behaviour, WU Vienna, Vienna, Austria
2 Corresponding Author, School of Business & Economics, University of Management & Technology, Lahore, Pakistan
Email: This email address is being protected from spambots. You need JavaScript enabled to view it.
 
Abstract

Self-help group is not a new concept, but this concept has utilized in different human kind communities for long times .Today, this concept will enhance the growth of human society in economic and social aspects through the world and building the Self-help groups in community will facilitate the development rate in society. Self-help groups will come together the members to participate and going toward the common purpose, in this regard, the members will enhance their strengths and help together to enhance their weaknesses. Self-help groups will help to strength the unity of society and all activities undertake to reach a big purpose which is the community development. This research has investigated this concept in India, Kenya and Rwanda and its effect on the life of most vulnerable groups of society including the women, youth and people in rural areas and investigated the role of some activities such as common fund with a view to lending to their members , to increase the saving and income of people . Self-help group also is helpful to improve the social concepts and remove the barriers such as racism , home violence and also increase the knowledge of people which is the critical issue to go toward a more developed society .

Key words: Self Help Groups, Change Agents, Socio-Economic Development, Rural Areas.

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