Question

What r SHGs?describe in brief and their functions

Answer 1

SHG s are small helping groups . these group have 15 to 20 members which can be neighbours,family members,friends,relatives etc.. in this group the people take loans within the group and pay back again .the rate of intrest is very low. people collect their savings and give loans to the person who is in whith in the group. by this the person can fullfill their needs easily ....
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Answer 2

SHGs stands for self help groups.
They comes in informal sector of society.
These groups contains 10-12(or more) members.
some peoples in a village makes small small groups and collect little amount of money from each member in that group.
They keep this money safely and when anyone is in need of money from that particular group tgen they give the money to that needy person and the needy person promises to return the money in the given amount of time to return the money.






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