Question

How is the concept of Self Help Groups important for poor people?​

Answer 1

Answer:

Self Help Group (SHG) is a group of about 15-20 members who pool their savings together. ... Due to SHG, the poor members are able to avail loan even in the absence of collateral. Many women as the members of SHGs have become economically independent. This has led to women empowerment at the rural levels.

Explanation:

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