(i) Self Help Groups pool their savings.
(ii) A typical SHG has 15-20 members, usually belonging to one neighborhood, who meet and
save regularly.
(iii) Saving per member varies from Rs. 25 to Rs. 100 or more, depending on the ability of the
people to save.
(iv) Members can take small loans from the group itself to meet their needs.
(v) The group charges interest on these loans but this is still less than what the moneylender
charges.
(vi) After a year or two, if the group is regular in savings, it becomes eligible for availing loan
from the bank.
ANY THREE POINTS
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