Question

what is the difference between the bank loans taken directly and from Self-help groups?

Answer 1

A self-help group (SHG) is a village-based financial intermediary committee usually composed of 10–20 local women or men. A mixed group is generally not preferred. Most self-help groups are located in India, though SHGs can be found in other countries, especially in South Asia and Southeast Asia.

Answer 2

if it is taken directly collateral is needed bur from self helf groups we no need collatral.