Analysis of Problems Faced by Leaders of rural and Urban Self Help Groups benefitted by Micro Finance Institutions in Madurai District, Tamilnadu

Micro-finance refers to the financial services to low-income clients or members of self-help groups who have poor access to banking and related services. It is the provision of thrift, credit and other financial services to the poor in rural and urban areas to enable the beneficiaries to improve their living standards. Poor repayment of internal loan by members in this problems are group members co operation related problems and raising family responsibility, Poor financial support from the family in this problem are family related problems. The success of the microcredit scheme depends on how the problems of leaders of SHGs are solved. Raising family responsibility has also been a problem for the sample leaders of rural self help groups. Family restrictions on my mobility have also been a major problem for the sample of rural self help group leaders in family related problem. The present study aims at analyzing the problems faced by leaders of rural and urban self help groups benefitted by micro finance institutions in Madurai district of Tamilnadu.