Question

.
In what way do you think the
farmers benefat from self help
groups?​

Answer 1

$\huge\underline\mathfrak\red{❥︎ANSWER}$

As most banks are not available in villages, farmers take help from the self help groups. Taking loans from banks is a lengthy process as it requires documentation, collateral etc. Self Help Groups provide loans with minimal interest that helps the farmers to repay the loan easily.

Answer 2

$\huge❥{\underline{\mathtt{\red{A}\pink{N}\green{S}\blue{W}\purple{E}\orange{R}}}}$

ᴀs ᴍᴏsᴛ ʙᴀɴᴋs ᴀʀᴇ ɴᴏᴛ ᴀᴠᴀɪʟᴀʙʟᴇ ɪɴ ᴠɪʟʟᴀɢᴇs, ғᴀʀᴍᴇʀs ᴛᴀᴋᴇ ʜᴇʟᴘ ғʀᴏᴍ ᴛʜᴇ sᴇʟғ ʜᴇʟᴘ ɢʀᴏᴜᴘs. ᴛᴀᴋɪɴɢ ʟᴏᴀɴs ғʀᴏᴍ ʙᴀɴᴋs ɪs ᴀ ʟᴇɴɢᴛʜʏ ᴘʀᴏᴄᴇss ᴀs ɪᴛ ʀᴇǫᴜɪʀᴇs ᴅᴏᴄᴜᴍᴇɴᴛᴀᴛɪᴏɴ, ᴄᴏʟʟᴀᴛᴇʀᴀʟ ᴇᴛᴄ. sᴇʟғ ʜᴇʟᴘ ɢʀᴏᴜᴘs ᴘʀᴏᴠɪᴅᴇ ʟᴏᴀɴs ᴡɪᴛʜ ᴍɪɴɪᴍᴀʟ ɪɴᴛᴇʀᴇsᴛ ᴛʜᴀᴛ ʜᴇʟᴘs ᴛʜᴇ ғᴀʀᴍᴇʀs ᴛᴏ ʀᴇᴘᴀʏ ᴛʜᴇ ʟᴏᴀɴ ᴇᴀsɪʟʏ.

$\huge{\underline{\mathtt{\red{T}\pink{H}\green{A}\blue{N}\purple{K}\orange{S}࿐}}}$