describe the functioning of SHGs in India
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SELF Help Group are small groups of 15-20 members of rural people in particular women belonging to one neighbouhood who meet and saves regularly. The members of the group can take small loan to meet their needs on low interest rate. Functioning: ... The SHG help borrowers overcome the problem of collateral.
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the savings made by SHG must be used to provide loans to members of the group. I hope this will helpful for you
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