Economy, asked by Arsh4010, 1 year ago

How do self help groups help the poor in the rural areas

Answers

Answered by jatinlalw
8

Answer:

Explanation: self help groups mainly select poor people especially in rural areas this help poor people in getting loan from banks by giving collateral ( may be the investment by poor people in this type of business organisations )

In this type of organisations the liability is limited it means if lose in occur then no additional money would be pay

This groups provide loans at lower interst rate better than landlord

Similar questions