Empowering Women in Bihar: The Transformative Power of SHG Plus
The SHG Plus model in Bihar empowers rural women like Kiran Kumari by providing low-interest loans, fostering financial independence and decision-making. Developed with the Aga Khan Rural Support Programme India, the initiative promotes transparency and inclusivity, transforming lives through profitable ventures like strawberry farming and solar installations.
- Country:
- India
In Bihar's Muzaffarpur, a transformative financial model is changing the lives of rural women. Known as SHG Plus, this community-based loan initiative offers a lifeline to those once trapped by high-interest debt.
Women like Kiran Kumari now borrow at just 2% interest, investing in ventures from strawberry farming to solar power, thanks to SHG Plus. This evolution of traditional self-help groups, developed with the Aga Khan Rural Support Programme India, emphasizes financial transparency and collective decision-making.
As SHG Plus scales across Bihar, its impact is profound, with women gaining economic empowerment, financial independence, and a stronger role in family decisions.
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