Question

What is SHG's? What is it functions?

Answer 1

Self-help groups (SHGs) are small groups of people (especially from rural areas) who pool their resources and individual savings together.

FUNCTIONS..

→ to enhance confidence and capabilities of women

→ to encourage habbit of saving

→to develop collective decision among women and poor people

→ to motivate women taking up social responsibilities

Answer 2

A self-help group (SHG) is a village-based financial intermediary committee usually composed of 10–20 local women or men. A mixed group is generally not preferred. Most self-help groups are located in India, though SHGs can be found in other countries, especially in South Asia and Southeast Asia.

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