Vol. 2, Issue 9 (2016)
Financial inclusion through SHG-BLP: A study of SKDRDP SHGs in selected districts in Hubli region
Author(s): Dr. Honnappa S, Vinod Basupattad
Abstract: Financial Inclusion (FI) indicates the reach of banking services to the weaker sections; on the other hand SHG-BLP indicates linking a designated bank branch to the Self Help Group (SHG) is referred to as SHG-Bank Linkage Programme (BLP). SKDRDP has been a pioneer and has adopted this model for supporting the rural poor by engaging them in productive economic activities by microfinance assistance. This initiative has also supported the women empowerment. Many leading public and private sector banks have joined hands with SKDRDP, for their financial inclusion programs and SKDRDP is acting as institutional Business Correspondent/Facilitator. The SHGs formed at SKDRDP are supported by other philanthropic initiatives of SKDRP for giving their members the confidence and skills to start business ventures to support and to lead a sustainable livelihood.