HOW SELF-HELP GROUP IS BENEFICIAL FOR REDUCING THE DEPENDENCY OF PEOPLE ON INFORMAL SOURCE?
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SHG's (self help groups) are the building blocks of organisations of rural poors.
(1) SHG's provide loan without demanding collateral.
(2) main motto of SHG's is to create self employment opportunities.
(3) the decisions regarding loan and saving activities is decided by members of SHG on their own.
(4) this loan helos the rural people to purchase agricultural materials.
(5) SHG helps rural women to become self dependent and financially self reliant
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