Social Sciences, asked by deepalimhebballi, 3 months ago

15) What is the basic idea behind the SHG for the poor? Explain in your own words

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Answered by Anonymous

Answer

The basic idea behind the SHG's for the poor is to provide credit facilities at a cheaper rate and also without much documentation process. An SHG has 15-20 members, usually from the neighbourhood, who meet and save regularly in the range of Rs 25 to Rs 100 or more.

Answered by bkgirishneelakantan

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