Question

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

Answer 1

The reason behind SHGs is to offer financial resources for the poor via organising the rural.

It is especially use for women, and break into small self help groups.

This must provide timely loans at a reasonable interest rate without collateral.

They are helping poor women to grow self work quickly.

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

• to organise several two especially womens into self help groups
• to collect savings of their members
• to provide loans without collateral
• 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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