Case Study of Esther from Poorvegam SHG
Name: Esther
Group: Poorvegam
Occupation: Dress business
Purpose of Providing Loan to SHG Women
The purpose of providing loans to Self-Help Group (SHG) women is to empower them both economically and socially by giving them access to affordable credit. These loans help women start or expand small-scale income-generating activities such as farming, tailoring, dairy farming, or handicrafts, thereby promoting self-reliance and entrepreneurship. By reducing dependence on informal moneylenders who often charge high interest rates, SHG loans play a critical role in poverty alleviation and livelihood improvement. Additionally, they foster financial inclusion by integrating women into the formal banking system, enhancing their financial literacy and access to services. Beyond economic benefits, such loans contribute to greater decision-making power, confidence, and leadership among women, enabling them to play a more active role in their households and communities. Overall, providing loans to SHG women not only supports individual growth but also drives broader community development and social change.
Outcome of the Project
Women who received loans from Surabi successfully utilized the funds to start their own dress shops, turning their entrepreneurial aspirations into reality. With the financial support, they were able to invest in materials, sewing machines, and shop space, which helped them generate a steady income. This initiative not only improved their economic stability but also boosted their confidence and independence, allowing them to support their families and contribute positively to their communities.
