What is the basic idea behind the Self-Help Groups(SHGs) for the poor? Explain in your own words
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The basic behind the SHGs is to provide a financial resource for the poor through organizing the rural poor especially women, into small Self Help Groups.
They also provide timely loans at a responsible interest rate without collateral.
SHG has 15-20 members, usually from the neighbourhood, who meet and save regularly in the range of Rs 25 to Rs 100 or more.
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