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What is advantage of SHGs |
| Answer» Advantages of SHGs:\tThe SHGs help the borrower to overcome the problem of lack of collateral.\tThey can get timely loans for a variety of purposes and at a reasonable interest rate.\tSHGs are the building blocks of organisation of the rural poor.\tNot only do they help women become financially self-reliant, the regular meetings of the group provide a platform to discuss and act on a variety of social issues such as health, nutrition, domestic violence, etc. | |