Political Science, asked by Anonymous, 10 months ago

hi guys.... how does SHG help borrow to overcome the problem of lack of collateral ? explain with an example......... plz listen don't copy paste...plz

Answers

Answered by astha83

hey mate here is ur ans :-

⭕Self help groups (SHG) have helped borrowers to borrow money without collateral

⭕Self help groups have organised rural poor more so women in collecting their money

⭕Banks have been extending loans to these groups to meet their needs like buying fertilizers, seeds, raw materials etc

⭕charge less rate of interest as compared with any other forms of rural banking

hopes it's helps uh!!!!!!!!!!!!!!!!!

Answered by Anonymous

Answer:

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