Question

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

Answer 1

The basic idea behind the SHG's for the poor is to provide credit facilities at a cheaper rate and also without much documentation process. An 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.

Explanation:

Here is your answer.

Answer 2

The basic idea behind the SHG's for the poor is to provide credit facilities at a cheaper rate and also without much documentation process. An 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..