Abstract
This research study aims to examine the financial well-being of Women Self Help Groups members; how and in which manner SHGs have contributed to improving the financial well-being of women is the question under study. Financial well-being of women can be achieved only when the resources are equally accessible irrespective of gender differences and creating a sustainable economic environment for all. The research is qualitative; the responses were collected through a semi-structured in-depth interview with the women SHG members in Uttarakhand, India, and then thematic analysis was applied to the data until the saturation level was reached. To ensure the long-term sustainability of SHGs, access to credit, training in financial management, and market linkages need to be strengthened. Moreover, continuous monitoring, evaluation, and targeted interventions are necessary to address the specific needs and aspirations of SHG members. Still, constant efforts and effective implementation are required to ensure continuous improvement in the financial well-being of SHG members, leading to their economic and overall societal empowerment and development. This research focuses on the financial well-being of women SHG members, especially those living in hilly and rural areas, with specific contextual reference to Uttarakhand, India. This research will provide a roadmap and reveal the extent where government needs to focus on bringing sustainable development and improving the financial well-being and economic empowerment of women SHG members.
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Data is related to qualitative research on investment behavior of women. It could be made available on request.
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Srivastava, B., Kandpal, V. & Jain, A.K. Financial well-being of women self-help group members: a qualitative study. Environ Dev Sustain (2024). https://doi.org/10.1007/s10668-024-04879-w
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DOI: https://doi.org/10.1007/s10668-024-04879-w