Economy, asked by monicaanand70, 1 year ago

what are the advantages and disadvantages of self help groups

Answers

Answered by Arushi1911
129
Advantages of SHG

◆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:
Living in recovery can be quite isolating, especially in early recovery. It is not healthy for people to continue to have relationships with the friends they had when they were drinking or using who shared that lifestyle. It is simply too tempting to slip into old habits again.

◆Decreases The Odds Of A Relapse:
Attending group meetings, getting support from other members, and seeing for themselves that a sober lifestyle can be achieved over a long term in spite of life stresses is inspiring to members.
◆Open To Everyone:
No special preparation or knowledge is required to attend a self help group. They welcome anyone who suffering and is in need of help. It doesn’t matter if a participant in the group has had a setback or relapse. Group members can come back and start again.

Disadvantage:-

♂You may lack the perspective to properly understand the nature of your issues. Your ability to help yourself will only be as good as your ability to be objective and clear about what the nature of your issues is. It is notoriously difficult to sort out, on your own, what your issues are really about. You may lack enough objectivity and perspective to make a true and accurate assessment or judgment concerning your own issues at this point.

♂You may lack the knowledge of how to fix your issues. Even if you are able to be objective and accurate about the nature of your issues, you are still faced with the challenge of figuring out how to solve them.

♂ You may lack the motivation or will-power to stick to a self-help plan. There is a final issue as well. Even if you know what to do to solve your problem, you aren't always able to stick to your plan and follow through well enough to benefit from your plan. Creating and maintaining the motivation necessary to stick to a self-help plan can be a very difficult thing to accomplish.



HOPE IT HELPS!!!
Answered by Lemix
90
Advantages of self help group are as follows.

They pool the individual resources and savings, which the banking system fails  do (due to inadequate banking system in India).
Facilities the members to employ themselves in numerous self-employment opportunities.
Help in raising the living standards of the concerned members
Reduce the dependence on the formal credit sources

Disadvantages of self help groups as are follows

Availability of funds is limited since funds are pooled by limited members
limited working hours and seasons for the operations of the facilities
Dominated by males
New members can influence the functioning to a large extent 
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