Question

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



Please help me ​

Answer 1

Explanation:

a person who believes that people are motivated purely by self-interest rather than acting for honourable or unselfish reasons.

Answer 2

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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.

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