features of self help groups class 10
Answers
Answered by
20
Hi dear ♥️!
The features of Self-Help Group (SHG) are : (i) People form their personal groups for the purpose of savings and also lend money among themselves. (ii) Rate of interest is lower than imformal service providers. (iii) They can also avail loans from banks if their savings are regular.
Answered by
9
Features of self-help groups are:
- Enhancing the decision-making capacity - people of rural areas come together and form self-help groups. These groups help to enhance and develop decision-making power in them.
- Preparing records- Proper records are maintained in self-help groups whether it is a financial matter or any other matter of the members.
- Increasing general awareness- Self-help groups increase awareness of every social matter in people of rural areas. The matters can be regarding education, jobs, career, etc.
- Homogeneity- Self-help groups are formed among people of the same occupation, social heritage, or identical interests.
#SPJ3
Similar questions