Explain any three or four advantage of 'self help group ' for poor
Answers
1 poor peoplecan get loans at low rate of interest
2 The sgh will encourage the poor people to find employment
3 the poor people can take care health, nutrition, domestic violence
4 banks will give loqns to sgh without any collateral and they will money to poor people to help needs
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Self-Help Group (SHG) is a small voluntary association of poor people, preferably from the same socio-economic background. They come together for the purpose of solving their common problems through self-help and mutual help. The SHG promotes small savings among its members. The savings are kept with a bank.
these programs provide a social support system for members, which is especially helpful for people with conditions that tend to isolate them. The mutual help aspect of self-help groups helps the person providing help as well as the person receiving it.