Question

Function of self help group ?

Answer 1

#Saving per member varies from Rs.25 to Rs.100

#Members can take small loans group itself to meet their needs

#The group charges less rate of interest

#If the group is regular in Saving for two years it is eligible for availing loan from the bank

#Members use loans for buying seeds, raw materials etc.

Answer 2

Helps borrowers overcome the problem of lack of collateral. They can get timely loans for a variety of purposes and at a reasonable interest rate. And also provide a way to discuss and act on a variety of social issues such as health,nutrition, domestic violence, etc.