self help group supports has brought about a revolutionary change in the rural sector ? explain
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SHG is a group of women of about 10-20 in strength. It has helped rural population in many ways:-
1. It provides cheap loan to the members who save regularly.
2. Banks also get agreed to provide them loans.
3. This has helped people who miss bank credentials(collateral,education etc.)
1. It provides cheap loan to the members who save regularly.
2. Banks also get agreed to provide them loans.
3. This has helped people who miss bank credentials(collateral,education etc.)
Answered by
6
hii..here's ur answer FRIEND
yes SHG (self help group ) has brought about change in the rural sector.
1. it helps borrowers overcome the problem of lack of collateral.
2. it helps women to become financially self reliant.
3. regular meetings of the groups a platform to discuss and act on a variety of social issues such as healthy, nutrition,domestic violence ,etc.
hope it helps!!
yes SHG (self help group ) has brought about change in the rural sector.
1. it helps borrowers overcome the problem of lack of collateral.
2. it helps women to become financially self reliant.
3. regular meetings of the groups a platform to discuss and act on a variety of social issues such as healthy, nutrition,domestic violence ,etc.
hope it helps!!
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