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| 1. |
What are SHG\'s . Answer in detail |
| Answer» Self Help Groups (SHGs) are informal groups that consist of people who face similar problems. These people come together to form a group to overcome their common problems to improve their standard of living. ... This amount acts as the fund for the\xa0SHGs\xa0and is used to provide loans to\xa0its\xa0members.\xa0The\xa0basic behind\xa0the\xa0SHGs\xa0is to provide a financial resource\xa0for\xa0the poor through organizing the rural poor especially women, into small\xa0Self Help Groups. They also provide timely loans at a responsible interest rate without collateral. | |