The SHG helps borrowers overcome the problem of not being able to pay back their loans. The building blocks of organizing the rural poor give them a platform to discuss and act on a variety of issues.
What is the basic objective of self help groups describe any four advantages of self help groups for the poor?
The group’s savings can be used to make loans to members on a decided rate of interest. The rate of interest is not as high as the informal sources charge. The loan from the bank can be taken after two years of regular savings.
What is the basic objective of self help groups ‘?
The main goal of this programme is to bring the beneficiaries above the poverty line by giving them bank credit and government subsidy. The main component of the scheme is the Self-Help Groups.
What is Self Help Groups in India?
Small groups of poor people can be referred to as self help groups. The members of an organization have the same issues. They help one another with their problems. Small savings are promoted by the members of the SHG. The money is deposited into the bank.
What is the main objective of Self Help Group 10?
To organize rural poor and women into small Sell Help Groups is the main objective of the SHGs. To save money for their members. To provide loans that are not tied up in debt.
What is SHG describe the major advantages of it?
The borrowers are helped by the SHGs to overcome the problem. It is possible to get timely loans for a variety of purposes and at a reasonable interest rate. The building of the rural poor is done by the SHGs.