Accountancy, asked by Shayan7842, 11 months ago

A study of account books maintained by mahila bachat gat and preparation of financial report

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Answered by lodhiyal16
0

Mahila bachat gat is a self help group a financial intermediary committee usually made by 15- 20 local womens . It is a group of people who are on daily wages, in which one person collect the money and gives the money to the person who is in need . By this members can get timely loans.  they get loan at very reasonable eate of interest. The borrower overcome to the problem of documentation. The interest income become an extra source of income of the members.

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