Social Sciences, asked by Adhitya1, 1 year ago

explain the functions of self help groups

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Answered by pranay0144
10

Explanation:

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Answered by 3CHANDNI339
5

 \underline \mathbb{SELF\:HELP\:GROUPS}

  1. SGH'S help in pooling the savings of the members who are poor people.
  2. Members can get the timely loans for a variety of purpose.
  3. They get loan at a reasonable rate of interest.
  4. It helpd borrowers to overcome the problem of lack of collateral and documentation.
  5. It saves them from exploitation of the money lenders.
  6. This interest income becomes an extra source of income of the members.

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