SHG's support has brought about a revolutionary change in rural sector
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1. absence of collateral is one of the major reasons which prevents the poor from getting bank loans where as there is no need for Collateral or difficult paperwork to take loans from shgs
2.shg have lower interest than that of money lenders or traders they can get timely loans for a variety of purposes .
3. it creates employment opportunities for the members who are rural poor, particularly women .
4. it encourages regular savings of the rural poor .
5. shg help rural women not only to become financially self reliant but also the regular meetings of the group provide a platform to discuss and act on a variety of social issues such as health ,nutrition ,domestic ,violence extra .
2.shg have lower interest than that of money lenders or traders they can get timely loans for a variety of purposes .
3. it creates employment opportunities for the members who are rural poor, particularly women .
4. it encourages regular savings of the rural poor .
5. shg help rural women not only to become financially self reliant but also the regular meetings of the group provide a platform to discuss and act on a variety of social issues such as health ,nutrition ,domestic ,violence extra .
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