A Study on Constraints Faced by Beneficiaries in Availing Micro Finance through SHG's

The present paper is an attempt to identify the problems faced by the rural women in availing microfinance through SHGs. The study was conducted in Kakori block of Lucknow district, Uttar Pradesh. The study design adopted was exploratory cum descriptive. For the present study 180 beneficiaries and 180 non beneficiaries were selected. Thus, 360 respondents were selected for the study. Data collected were qualitative as well as quantitative. The quantitative data were interpreted in terms of percentage and qualitative data were tabulated on the basis of categorization methods. After tabulation, percentage, mean, standard deviation, chi-square test was determined. The results indicated that the most common problem faced by the respondents in availing the microfinance services was short period for repayment, not clear about the interest rate and credit expenditure on family crisis. It can be concluded from the study that the respondents faced problems after availing the microfinance services, which needs to be addressed.