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“From Savings to Security: The Impact of Self‐Help Group Micro Savings on Financial Stability and Development—A Literature Analysis”

T. Raja Rupa & G. Parimalarani

Economic Notes2025https://doi.org/10.1111/ecno.70016article
AJG 1ABDC B
Weight
0.50

Abstract

This literature review examines the impact of micro‐savings, particularly through Self‐Help Groups (SHGs), on economic development, with a specific focus on Asian and developing countries. The review investigates how increased savings, especially in rural areas and among women, contribute to economic growth by facilitating investment and empowering individuals. A variety of studies employing diverse methodologies to explore the relationship between savings, financial inclusion, and economic growth are assessed. The findings suggest that access to savings services and financial inclusion measures significantly and positively influence economic growth, particularly in contexts where informal savings are prevalent. The role of SHGs in promoting savings and microenterprise development is also highlighted.

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https://doi.org/https://doi.org/10.1111/ecno.70016

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@article{t.2025,
  title        = {{“From Savings to Security: The Impact of Self‐Help Group Micro Savings on Financial Stability and Development—A Literature Analysis”}},
  author       = {T. Raja Rupa & G. Parimalarani},
  journal      = {Economic Notes},
  year         = {2025},
  doi          = {https://doi.org/https://doi.org/10.1111/ecno.70016},
}

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Evidence weight

0.50

Balanced mode · F 0.40 / M 0.15 / V 0.05 / R 0.40

F · citation impact0.50 × 0.4 = 0.20
M · momentum0.50 × 0.15 = 0.07
V · venue signal0.50 × 0.05 = 0.03
R · text relevance †0.50 × 0.4 = 0.20

† Text relevance is estimated at 0.50 on the detail page — for your query’s actual relevance score, open this paper from a search result.