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Impact of Self-help Groups on the Socio-economic Development of Women Entrepreneurs in Chennai City

Year: 2025

Type: article

Abstract: This study examines the impact of Self-Help Groups (SHGs) on the socio-economic development of women entrepreneurs in Chennai City.The research focuses on identifying key factors that influence the socio-economic status of women participating in SHGs, with particular emphasis on the role of demographic variables such as age, marital status, educational qualification, and occupation.Using a descriptive research design, data were collected from 110 SHG members through a structured questionnaire, and analyzed using Exploratory Factor Analysis (EFA) and One-Way ANOVA.The findings reveal that factors like freedom, self-confidence, decision-making, income enhancement, literacy, and self-reliance significantly contribute to the socio-economic development of women.Additionally, age, education, and occupation were found to S. Lakshmi, D.

Source: INTERNATIONAL JOURNAL OF MANAGEMENT

DOI: 10.34218/ijm_16_03_008

Authors: S. Lakshmi, D. Muthusamy

Institutions: Bharathidasan University, Department of Commerce

Language: English

Topic: Microfinance and Financial Inclusion

Subfield: Economics and Econometrics

Field: Economics, Econometrics and Finance

Domain: Social Sciences

SDGs: No poverty, Decent work and economic growth, Reduced inequalities, Gender equality

Open Access status: diamond

OpenAlex ID: W4410360664

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