Question

describe any three advantages of SHG for the poor

Answer 1

Hey user here is your answer :-

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1 ) SHG'S helps the borrower to overcome the problem of lack of collateral .
2 ) They can get timely loans for a variety of purposes and at a reasonable rate .
3 ) SHG'S are building blocks of organisation of the rural poor .

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Hope it helps you !!!...

Answer 2

Answer:

They help the rural women to become self reliant. They provide loans from the bank to the poor without collateral. It helps them to save their money and use, lend or borrow at any time just like the banks. It helps the farmers with their income as it provides loans for fertilizers, seeds etc.