A study on impact of loan through self help groups with special reference to coimbatore City

The animator is responsible for providing leadership to the group and to maintain the various registers. The word ‗empowerment‘ means giving power. According to the International Encyclopedia (1999), power means having the capacity and the means to direct one‘s life towards desired social, political and economic goals or status. The Ministry of Rural Development has special components for women in its programmes and funds are ―women component‖ to ensure flow of adequate resources for the same. One of the major schemes implemented by the Ministry of Rural Development having women‘s component is the SGSY. In return this project helped HUL to distribute its product‘s even to the most inaccessible rural villages in India. The paper shall discuss the business model adopted by HUL to empower the rural women. The loan amounts used for the productive purposes like family and business maintenance. Government and NGOS provide loan to SHG members for motivate women entrepreneurs and increase the level of empowerment. Each group selects one animator and two representatives from among themselves. The animator is responsible for providing leadership to the group and to maintain the various registers. The representatives assist the animator and maintain the bank accounts of the group. Thus, empowerment of women not just a goal in itself, but key to all global development goals. Empowerment is an active multidimensional process to enable women to realize their identity and power in all spheres of life.