From the Chapter money and credit...Cbse Class 10th...Write a short note on SHG.????
Answers
Answered by
7
Ans:- The SHGs provide a financial resource for the poor through organizing the rural poor especially women, into small Self Help Groups. They also provide timely loans at a responsible interest rate without collateral.
Thus, the main objectives of the SHGs are:
∙∙ To organize rural poor especially women into small Self Help Groups.
∙∙ To collect savings of their members.
∙∙ To provide loans without collateral.
∙∙ To provide timely loans for a variety of purposes.
∙∙ To provide loans at responsible rate of interest and easy terms.
∙∙ Provide platform to discuss and act on a variety of social issues such education, health, nutrition, domestic violence etc
Thus, the main objectives of the SHGs are:
∙∙ To organize rural poor especially women into small Self Help Groups.
∙∙ To collect savings of their members.
∙∙ To provide loans without collateral.
∙∙ To provide timely loans for a variety of purposes.
∙∙ To provide loans at responsible rate of interest and easy terms.
∙∙ Provide platform to discuss and act on a variety of social issues such education, health, nutrition, domestic violence etc
Similar questions