Financial Education for SHG – Journey towards Smart Money Manager​


Course Overview​

The course intends to bridge the financial knowledge gap by exposing Self Help groups to various financial concepts and their application in the business life cycle. Building a new home wherein each woman is a smart money manager who shall evaluate the various alternatives before making a decision remains the primary objective. The course bargains to empower them with an informed decision-making capacity to sustain the various hiccups of the financial excursion.

Learning Objectives and Learning Outcomes​

• Objective 1: Acquire knowledge about functionalities of Self Help Group
• Outcomes: Learners will be able to
1. understand the historical background and perspective behind the formation of SHG;
2. acquire the knowledge regarding procedural formalities required for the formation of SHG;
• Objective 2: Develops skills and accounting tools for carrying on a business.
• Outcomes: Learners will be able to
1. show familiarity with various book-keeping concepts and lay the foundations for successful business
2. plan and deliver good business practices thereby ensuring sustainability.
• Objective 3: Take a step closer to achieving financial literacy
• Outcomes: Learners will be able to
1. distinguish and understand various financial concepts as laid down by OECD while striving for financial literacy
2. calculate using financial tools.
• Objective 4: Share knowledge with other professionals and Trainers in this arena.
• Outcomes: Learners will be able to
1. Conduct financial literacy programs and reach out to a wider audience.
2. plan for further professional development.

Course Pedagogy​

1. Based on ADDIE Model
2. Youth Learning Models
3. Real Life Experiences
4. Multilingual Videos and Material

Course Syllabus​
Module 1: Registration of Self hepl Groups​

1. Self Help Group ( Bachat Ghat) - An Introduction
• Brief Overview
• Roots of the Self-Help Groups (Bachat Gat)
2. Self Help Group ( Bachat Ghat) - Facts & Myths
• Meaning
• Motive/ Purpose / Objectives of forming SHG.
• Membership
• Registration
• Prospective Activities/ Scope of SHG (Bachat Gat)
• Success Stories
3. Self Help Group ( Bachat Ghat) - Procedural Aspects
• Glossary
• Procedure for formation of Self-help Groups (Bachat Gat)
• Annexures and Format

Module 2: Book Keeping and Cost Concepts​

1. Classification of Income and Expenses
2. Introduction of Cost to the Entrepreneur
3. Determining a Sale Price
4. Business life cycle
5. Bookkeeping formats.

Module 3: Basic Financial Concepts ( Financial Knowledge)​

1. Savings and Investments: Concept Note
2. Interest Terminologies: Types and Calculations
3. Inflation and Opportunity Cost

NOTE: Alternatively, You can sign up at https://canvas.instructure.com/register and use the following join code: 38MBB4

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