Question

Explain the role of micro credit in meeting credit requirements of the poor

Answer 1

The Self Help Groups are playing a crucial role in meeting the credit requirements of the poor by inculcating saving habits among the rural households. The individual savings of many farmers are pooled together to meet the financialrequirements of the needy members of the SHGs.

Answer 2

The Self Help Groups are playing a crucial role in meeting thecredit requirements of the poorby inculcating saving habits among the rural households. The individual savings of many farmers are pooled together to meet the financial requirementsof the needy members of the SHGs.
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