Sociology, asked by hemakshatriya2001, 11 months ago

what are the two advantages of loan taken from self help​

Answers

Answered by anuragtiwari14
1

Explanation:

Advantages of financing through SHGs. An economically poor individual gains strength as part of a group. Besides, financing through SHGs reduces transaction costs for both lenders and borrowers.

Answered by nityainvincible5
1

Explanation:

● People get money at a rather low rate of interest.

● The money problems can be solved at local level only.

● This reduces the exploitation of the farmers by big landlords for taking loans.

● This reduces their dependence on informal sector.

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