Overview
Training programs for SHG’s
The Training Programs for Self Help Groups (SHGs) on Small Business Planning and Financial Management by OEI aim to empower and equip SHG members with essential knowledge and skills to effectively manage their small businesses and enhance financial literacy. Through these training initiatives, SHG members learn about business planning, market research, product development, and effective marketing strategies to run successful enterprises. Additionally, they receive valuable guidance on financial management, budgeting, record-keeping, and accessing financial resources. These training programs foster economic independence, self-reliance, and sustainable growth for SHG members, enabling them to positively impact their communities and lead fulfilling lives.
The Process
The process of Training Programs for Self Help Groups (SHGs) on Small Business Planning and Financial Management by OEI involves the following steps:
Identification and Selection: OEI identifies and selects SHGs in the target communities that have the potential and interest in starting or improving small businesses.
Needs Assessment: A thorough needs assessment is conducted to understand the specific requirements and challenges faced by the SHGs in terms of business planning and financial management.
Curriculum Development: Based on the needs assessment, OEI develops a comprehensive training curriculum that covers topics like business planning, market research, financial literacy, budgeting, record-keeping, and accessing financial resources.
Training Sessions: Trained facilitators from OEI conduct interactive and practical training sessions for SHG members. The training includes presentations, case studies, group discussions, and hands-on exercises.
Skill Building: SHG members are taught various skills, such as creating a business plan, identifying market opportunities, setting financial goals, and managing cash flow effectively.
Business Support: After the training, OEI provides ongoing support to SHG members by offering guidance and mentorship in implementing their business plans.
Monitoring and Evaluation: The progress of SHG members is regularly monitored and evaluated to measure the effectiveness of the training program and identify areas for improvement.
Networking and Linkages: OEI helps SHGs establish networks and linkages with other stakeholders, such as financial institutions, government agencies, and market channels, to enhance their business prospects.
Impact Assessment: OEI assesses the impact of the training program on the economic and social well-being of SHG members and their communities.
Through this process, OEI empowers SHG members with the knowledge and skills needed to become successful entrepreneurs and achieve financial independence.
Empowering SHGs with business planning and financial management skills through OEI's training programs.
FAQ's
Few of the most asked questions – answered.
The training programs aim to equip SHGs with the necessary skills and knowledge to effectively plan and manage their small businesses and finances.
SHGs interested in enhancing their business planning and financial management abilities can participate in these training programs.
The training programs cover various topics including business planning, financial management, budgeting, record keeping, marketing strategies, and more.
There are no specific prerequisites or requirements to participate. Any SHG willing to learn and improve their business skills is welcome to join.
The duration of the training programs may vary, but they usually span several sessions over a designated period of time.
OEI strives to provide these training programs free of cost or at a minimal fee to ensure accessibility for SHGs.
OEI strives to provide these training programs free of cost or at a minimal fee to ensure accessibility for SHGs.
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