Question

what is the basic idea behind the SHGs for the poor? Explain. ​

Answer 1

Answer:

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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.

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Answer 2

Answer:

Your answer is here.

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.

I hope this answers will be help you.

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Please follow me.

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