Question

what is The Idea behind forming the Self Help Groups ? Explain the Functions of it

Answer 1

SHGs are the self help groups especially being formed to uplift the livelihood by combined effort of the groups. Usually SHGs are having 10..12 members. All the members starts their group interaction and activity with small savings by each one of the member.This small saving is combindely kept in the saving accounts of the SHG and it is used to help the members in need. This interaction and social effort increases the enthusiasm and also the financial stability among the members,which in turn allow the members to uplift their livelihood,which was not earlier possible individually.