Economy, asked by TbiaSamishta, 1 year ago

Short meaning of mahila bachat gat in English

Answers

Answered by Arslankincsem

2

Answer:

The exact short meaning of this is women’s savings group. Many women form co-operatives amongst themselves and save money in a collective manner. They deposit the aggregate amount in an ordinary bank account and takes a loan when needed, giving interest. The loans are considered only for income generation or education or to meet medical expenses. This endeavour is very encouraging for small savings by the ladies of the family.

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