JJEM: Special Edition 3 (January 2025)
JJEM: Special Edition 3 (January 2025)
2025-01-20
Impact of SHGs Digitalization on Women Empowerment
Dr. Prathap B N, Varshitha G
The digitization of Self-Help Groups (SHGs) has additionally enabled women to broaden their business opportunities and enhance their skill sets, resulting in a rise in entrepreneurial undertakings and enhanced financial independence. Digital platforms have also improved networking and communication among SHG members, creating a more encouraging atmosphere. To completely realize the benefits of digitalization, the project also highlights persistent issues, such as the need for increased digital literacy and technology access. Overall, the findings show that, by giving women the resources and opportunities they require to prosper in the current economy, digitizing SHGs is essential to advancing women's empowerment. The findings show that the introduction of digital technologies into SHGs has significantly increased their efficacy and reach. Digital tools have made financial management within SHGs more efficient, allowing for more effective handling of loans and savings. They have also improved access to resources and market information, empowering women to participate more actively in economic activities and make better-informed decisions.
SHGs digitalization, women empowerment, financial literacy, Microfinance.