What benefits are obtained by self help groups managed by women ? prepare a case study.
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Following are the advantages of SHG: Members can take loans from the group's savings themselves on a decided rate of interest. The rate of interest is much lower than the interest that is charged by the informal sources. After two years of regular savings, the SHG can also take a loan from the bank.
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Evidence suggested that the positive effects of SHGs on economic, social, and political empowerment run through the channels of familiarity with handling money and independence in financial decision making, solidarity, improved social networks, and respect from the household and other community members.
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