Social Sciences, asked by gurpal669, 1 year ago

What are objectives of SHGs

Answers

Answered by HimanshuAhlawat
6
The main objective of self help group is to bring poor people in a position that they are able to have a loan at low rate of interest from the bank the money that is collected by the self help group is utilised by its own member in order to start their own small scale business this help them
Answered by Jayagovind
3
The main purpose of SHGs is to mobilize savings among their members and used resources to meet the emergent credit needs of the members of the group. SHGs generally work according to the local requirement. To build mutual trust andconfidence between the bankers and the rural poor people.

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