How is an SHG loan different from individual loan
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4
Answer:
it is created among group of people , and provide loan to needy people without much documentation......and colletral...
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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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