Social Sciences, asked by contact2fatima, 6 months ago

How is an SHG loan different from individual loan

Answers

Answered by Anonymous

4

Answer:

it is created among group of people , and provide loan to needy people without much documentation......and colletral...

Answered by KapilSharmaFan

7

Answer:

HEY MATE☺️❤️

HERE IS YOUR ANSWER ☺️☺️

★ LOAN IS SANCTIONED IN THE NAME OF THE GROUP, WHILE FOR AN INDIVIDUAL IT IS SANCTIONED IN THE NAME OF THE PERSON.

★ IN SHG , A PERSON CAN AVAIL LOAN BY THE CONTRIBUTION OF ALL MEMBER, WHILE AN INDIVIDUAL NEED TO SAVE MONEY ALL ALONE.

❣️☺️ HOPE THIS WILL HELP YOU ☺️❣️

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