Question

What is the basic idea behind the SHGs for the poor? Explain in your own words.​

Answer 1

Answer: The basic idea behind the SHGs is meant to create self – employment opportunities for the poor. The SHGs help poor borrowers to overcome the problem of lack of collateral. They can get timely loans for a variety of purposes and at a reasonable interest rate.

Answer 2

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$\bf\Huge\red{\mid{\overline{\underline{ ANSWER }}}\mid }$

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$\Large\fbox{\color{purple}{QUESTION}}$

what is the basic idea behind the self help Groups for the poor explain in your own words

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$\Large\fbox{\color{purple}{ SOLUTION }}$

1. to organise several two especially womens into self help groups
2. to collect savings of their members
3. to provide loans without collateral
4. to provide timely loan for a every of purposes

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$\bf\Large\red{ THANKS \: FOR \: YOUR}$

$\bf\Large\red{ QUESTION \: HOPE \: IT }$

$\bf\Large\red{ HELPS }$

$\Large\mathcal\green{FOLLOW \: ME}$

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