Discuss the functioning of self help groups(SHGs)?
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Self Help Groups (SHGs) are informal groups that consist of people who face similar problems. These people come together to form a group to overcome their common problems to improve their standard of living. ... This amount acts as the fund for the SHGs and is used to provide loans to its members.
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The function of SHGs are ....
- The main function of SHGs is to mobilise shavings among their members
- It generally works according to local requirement
- To built mutual trust and confidence between the bankers and rural peoples
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