Question

Define the term 'Self Help Group'. Explain the evolution, nature & scope of Self Help Group.

Answer 1

Hey Ma8 ,

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# self help group is a group of 15 to 20 or 25 to 30 member

# they poul their savings

# if they are regular in savings then they are eligible for giving loans

# they Don't required collateral for giving loans

# they creates self employment opportunities for memebers

# they help the needy and poor people that's why SHGs growing fastly and popularly

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