Vol. 10, Special Issue 8 (2021)

Author(s):
RG Nair, RP Kadam and PS Kapse

Abstract:
The present study was conducted purposively in Nanded and Parbhani districts of the Marathwada region of Maharashtra state during the year 2019-20 in jurisdiction of Mahila Arthic Vikas Mahamandal Organization (MAVIM) and District Rural Development Agency (DRDA) in Marathwada region of Maharashtra state as significant work done by both MAVIM and DRDA in the formation of SHGs. The main aim is to study the scale to measure socio-economic impact of microfinance on the SHGs members. An attempt has been made in the present investigation to develop a scale to measure the socio-economic impact of microfinance on the members of self help groups, in the present investigation socio-economic impact of microfinance is operationally defined as the change in socio-economic condition of SHG members due to their active participation in SHG. The method of Summated Rating suggested by Likert (1932) and Edwards (1969) were followed in the construction of scale. This method was followed through six stages viz., identification of dimensions, collections of items/statements, relevancy test, item analysis, selection of statements and administration of final scale, reliability and validity.