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What is the difference between the individual loans and self help group loans plz write the answers in points |
Answer» Members also make small regular SAVINGS contributions over a few MONTHS until there is enough MONEY in the group to begin lending. Funds may then be lent back to the members or to OTHERS in the village for any purpose. In India, many SHGs are 'linked' to BANKS for the delivery of micro-credit. |
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