From the cooperative societies of the 19 th century to Self-help Groups (SHGs) of the 21 st century, the principle of self-help and mutual aid has remained a popular approach in development interventions. The present paper is an earnest attempt to capture the complex relationship between the principle of self-help (in SHGs) and generation of social capital for development of underdeveloped. The paper particularly aims to explore the impact of participation in SHGs and pre-membership socioeconomic status on accumulation of social capital by the members of SHGs. It also touches upon the two way spiral relationship between accumulation of social capital and effectiveness of SHGs in empowering its members economically, socially and politically. Employing a structured interview schedule method for data collection, the study deduces conclusions through quantitative analysis. The paper concludes that more participation in SHG activities and a better pre-membership socioeconomic status help the members of SHGs to accumulate more social capital.
|Journal||Indore Management Journal|
|Publisher||Indian Institute of Management Indore|