Banks are willing to lend money the por women when organised shgs.Why?
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The SHGs are very much responsible for the loans they give. ... Because of this feature, banks are willing to lend to the poor women when organised SHGs, even though they have no collateral.
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The banks might not be willing to lendcertain borrowers for the followingreasons: (i) Banks require proper documents and collateral as security against loans. Some persons fail to meet these requirements. (ii) The borrowers who have not repaid previous loans, the banks might not bewilling to lend them further.
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