Economy, asked by athirasujatha20, 1 year ago

what are the advantages and disadvantages of self help groups

Answers

Answered by Rashisingh
27
Advantages
1.  system fails do (due to inadequate banking system in India)

2. Facilitates the members to employ themselves in numerous self-employment opportunities

3. Help in raising the living standards of the concerned members

4. Reduce the dependence on the informal credit sources

Disadvantages of self help groups are as follows.

1) Availability of funds is limited since funds are pooled by limited members
2) Limited working hours and seasons for the operations of the facilities
3) Dominated by males
4) New members can influence the functioning to a large extent
hope it helps :)
Answered by bratislava
2

The advantages and disadvantages of self help groups.

Explanation:

  • The self-help group is a financial intermediary that is usually made of the 10 to 20 local men and women that are about 19 to 40 years old. Many countries have made these SHG's, especially in the south and southeast Asia.
  • These have advantageous like they are they form a bonding as they share the same background ad have voluntarily come together on a regular basis and are sued to peer pressure and timely payments of the credits.
  • This system of solidarity lending includes a microfinance institute. And allows them to discuss on the issues of health, nutrition, governance, and gender justice.
  • The are set up by the governments as a form of the anti-poverty agenda and helps the rural areas.
  • Some of the disadvantages may also result like the ignorance of the member partners and inadequate training facility and problems of marketing and weak financial management.

Lean more about the advantages and disadvantages of self help groups.

  • brainly.in/question/1733836 answerd by Rashisingh.
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