What is basic idea of behind the shg s for poor ? explain – InterviewSolution

1.	What is basic idea of behind the shg s for poor ? explain
Answer» The BASIC IDEA behind the SHGs is meant to create self – employment opportunities for the poor. The SHGs help poor borrowers to overcome the problem of lack of collateral. They can get timely loans for a variety of purposes and at a reasonable INTEREST rate. MOREOVER, SHGs are the building blocks of organizations of rural poor.

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