Question

Explain the role and functions of SHGs.

Answer 1

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➢ Initiate and maintain savings within the group: All members must regularly save at least a small amount. These savings allow them to get future credits for their group. Lending loans to the members: The savings made by the SHG must be used to provide loans to members of the group.

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Answer 2

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➢ Initiate and maintain savings within the group: All members must regularly save at least a small amount. These savings allow them to get future credits for their group. Lending loans to the members: The savings made by the SHG must be used to provide loans to members of the group.