Economy, asked by bamanmohapatra526, 1 year ago

What is the basic idea behind organising the self help groups. State any three causes.

Answers

Answered by Satyamsingh1234
1
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.
Answered by Anonymous
3
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
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