• Umesh Balu Gadekar

Migration from rural to urban is increasing day by day in search of the employability which results in increase in the slum areas and poverty in slums. So the poverty becomes a challenge in front of government and developmental agencies. They adopted several ways to eradicate the poverty. SHGs are accepted as one of the popular way in poverty eradication in rural as well as urban area. Similarly private MFIs are also recognized as a tool in poverty eradication. Both the SHGs and private MFIs are playing important role in the entrepreneurship development in urban slums. The present research project conducted with an objective that how the SHGs and MFIs are playing their role in entrepreneurship development in slum areas of the Kolhapur city of Maharashtra. For the present study primary data has been collected from the four slums of the city. 100 SHGs member and 100 clients of the private MFIs were the respondents for the study. Study come to the conclusion that SHGs and private MFIs are need to be more focused on the entrepreneurship development through the training to the poor and proper utilization of the loan amount which may be result in the significant contribution in the entrepreneurship development and ultimately poverty eradication.

SHG, Private MFIs, entrepreneurship development, Poverty Eradication

"A comparative study of entrepreneurship development in slums of Kolhapur city through of Self Help Groups and Private Microfinance Institutions", International Journal of Emerging Technologies and Innovative Research (www.jetir.org), ISSN:2349-5162, Vol.8, Issue 7, page no.d209-d218, July-2021, Available :http://www.jetir.org/papers/JETIR2107415.pdf

"A comparative study of entrepreneurship development in slums of Kolhapur city through of Self Help Groups and Private Microfinance Institutions", International Journal of Emerging Technologies and Innovative Research (www.jetir.org | UGC and issn Approved), ISSN:2349-5162, Vol.8, Issue 7, page no. ppd209-d218, July-2021, Available at : http://www.jetir.org/papers/JETIR2107415.pdf