What is the basic idea behind organising the self help groups. State any three causes.
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Self help group is set up by the objective to help peoples by providing them loans .
1)They don't requires collateral
2)They provide loans at cheap rate of interest.
3)Like informal sources of loans they doesn't requires trust.
1)They don't requires collateral
2)They provide loans at cheap rate of interest.
3)Like informal sources of loans they doesn't requires trust.
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The basic idesa behind organising it are:
1) It helps in reducing the problem of lack of assets or a collateral
2) It helped women to be self reliant
3) The loans are provided at reasonable interests
moreover it is the group of members who pool thier savings and constitute a fund which is used by other members
1) It helps in reducing the problem of lack of assets or a collateral
2) It helped women to be self reliant
3) The loans are provided at reasonable interests
moreover it is the group of members who pool thier savings and constitute a fund which is used by other members
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