Economy, asked by veeraditysingh7310, 9 months ago

Short note of self help groups for the poor

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Answered by Amankumar2newton
1

Self Help Groups (SHGs) are small groups ofpoor people. The members of an SHG face similar problems. They help each other, to solve their problems. SHGs promote small savings among their members.The following are several key benefits of recovery self-help groups.

Regular Attendance Increases Self-Efficacy. Self-efficacy is the belief that people have in their own ability to achieve goals. ...

Provides Participants With Social Contact. ...

Decreases The Odds Of A Relapse. ...

Open To Everyone.

Self Help Groups are groups of 10-20 people in a locality formed for any social or economic purpose. Most of the SHGs are formed for the purpose of better financial security among its members. ... SHGs in Indiaoften work in association with Banks (SHG – Bank Linkage Programme).

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