Question

Two advantages of self help groups ​

Answer 1

-They provide loans from the bank to the poor without collateral.

-It helps the farmers with their income as it provides loans for fertilizers,seeds

-They help the rural women to become self reliant.

-It helps them to save money & use,lend/borrow at any time just like the banks.

Answer 2

1.People get loans at a very low interest.

2.Generally village people do not want to give anything as collateral.So they are benifited.

3.Women who dont have any paid work can take loans from these helps groups and can start her own bussines or invest it on other work.Leads to women empowerment.