Social Sciences, asked by begumsamia891, 7 months ago

how is an SHG laon different from individual loan

Answers

Answered by Anonymous

1

Answer:

1) LOAN IS SANCTIONED IN THE NAME OF THE GROUP, WHILE FOR AN INDIVIDUAL IT IS SANCTIONED IN THE NAME OF THE PERSON. (2) IN SHG , A PERSON CAN AVAIL LOAN BY THE CONTRIBUTION OF ALL MEMBER, WHILE AN INDIVIDUAL NEED TO SAVE MONEY ALL ALONE.

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