Question

What are advantages of SHGs

Answer 1

Answer:

Hello mate✔✔✔

Advantages :-

• The SHGs help the borrower to overcome the problem of lack of collateral.
• They can get timely loans for a variety of purposes and at a reasonable interest rate.
• SHGs are the building blocks of organisation of the rural poor.

Hope it helps✔✔✔

Answer 2

1.The SHGs help the borrower to overcome the problem of lack of collateral.
2.They can get timely loans for a variety of purposes and at a reasonable interest rate.
3.SHGs are the building blocks of organisation of the rural poor.
4.Not only do they help women become financially self-reliant, 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, etc.