Question

Functions and objectives of Self Help Groups

Answer 1

Explanation:

self help group a local groups of ruler Pupil constituting 15 to 20 members the members pool their Savings and take loan at normal rate of interest

the members of the self help group do not require Collateral to get loans if they are regular in saving then the group becomes eligible for taking loans from banks this create self employment opportunities for the members because of these advantages features the self help groups are growing in popularity

i) the self help group are organised of the ruler who are people especially women's they provide a small loans on a visible rat the self help group are organised of the ruler poor people especially womens they provide small loans on reasonable rates

ii) self help group do not require Collateral and documentation

iii) self help groups also take up social issues related to women so if poor becomes member of shg then she will not only get financial assistance but also support of other women member