Question

define self help group​

Answer 1

Answer:

A self-help group is a financial intermediary committee usually composed of 25 to 40 local women or men. Most self-help groups are located in India, though SHGs can be found in other countries, especially in South Asia and Southeast Asia. 

Answer 2

Answer:

these groups are created by simple people who not able to get loan or give interest.

So they make group to help each other for example if any member of group is in crisis time they all loan to him