Question

1.What are self-help groups? How are they emerging as an import ant source of

credit? Explain.​

Answer 1

Answer:

Self-Help Groups are emerging as an important source of credit because: They charge less interest on the loans than what the moneylenders charge. ... The members can take loans from the groups to meet their daily needs. If the group is regular in its savings, they can also take loan from the bank.