Social Sciences, asked by anujmosur, 8 months ago

how do self help group help the rural poor

Answers

Answered by Legend42

Answer:

Through self-help groups, the bank can serve small rural depositors while paying them a market rate of interest." ... A study conducted by S Chakrabarti in 2004 said that organization like SHG can be an effective tool for "allevating poverty".

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Answered by hinasohail2001

Explanation:

It helps poor people to pool their savings. ... Many poor rural households are able to start their small businesses from the saved money. 4. SHGs provide loan to their members at much lower rate therefore poor farmers are able to purchase seeds and other tools with the loan by SHG.

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