Digital Financial Inclusion and Self-Help Groups in Malappuram: Opportunities and Challenges

Digital financial inclusion is challenging to achieve, particularly among marginalised groups. SHGs, mostly known as Kudumbashree units in Kerala, play a vital role in empowering women and low-income communities through microfinance and entrepreneurial activities. Digital financial tools have transformed financial transactions, offering convenience, security, and accessibility. This paper explores awareness and adoption of digital financial tools and identifies the benefits and challenges of their use among members of Kudumbashree SHGs. The study's findings offer recommendations for capacity-building initiatives to enhance digital financial inclusion among SHG members, fostering economic empowerment and financial stability.