People prefer to take loans
from SHGs because *
Not rate interest is charged
Rate of interest is less than what the informal sources charges
Rate of interest is less than what are the formal sources charges
Most of the member are women
Answers
Answered by
3
Answer:
Rate of interest is less than what are the formal sources charges
Answered by
0
Answer:
B rate of interest is less than what the informal sources charges
Explanation:
because one of the reason why people took loans from SHG is that they get loan at cheap rates than money lenders provide.
and money lenders is informal source of income.
therefore the answer is B
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