Question

How is the concept of shg helpful to the poor people?

Answer 1

Self Help Groups (SHGs) are small groups of poor people. The members of an SHG face similar problems. They help each other, to solve their problems. ... The SHG gives small loans to its members from its common fund.

Answer 2

the concept of self help groups is helpful as following:

1. it helps the women to become independent
2. women can get loans from bank at low rate of interest
3. the standard of living of the rural people can be increased
4. it creates employment for women

HENCE SHG are very helpful to the rural people..:)