appreciate the role of shg to fulfill the financial needs for Poor women
Answers
The Self Help Groups played a very significant role in Empowering Rural Women in India. Self-help groups [SHGs] acts as the small voluntary organization of the provincial women from the similar socio-economic history who operate collectively for the goal of resolving their difficulties through self-help and mutual assistance.
Self help group fulfill the commercial requirements of Poor women members by doing the small amount of daily savings and making contributions for few months till the time there is sufficient funds in the group to start lending.
Lenten Funds may then be then given back to the members of to group or may be given to other members who are in need. In India, various SHGs are 'associated' with the financial institutions for the delivery of micro-credit.
Answer:
SHG is the one of the empowerment programme for rural and poor women.
Explanation:
Most of the rural women are illiterate and semi literates, mostly they are all landless labourers, construction workers and so on. They want support their family socially and economically, so they work hard both homes and outside too. There is no investment for their entrepreneur but Self-help groups played effective role in poor family. They provide loans at the mere rate of interest irrespective of caste, religion, etc. in reasonable time frame.