Question

Which of the following is the reason for the banks willing to provide credit to the

self-help groups without collateral?

a) SHGs used to be regular in saving.

b) The group decides the loan activities and in any case of non-repayment of the

loan is taken seriously by the group members

c) This group helps the poor rural women to become economically self-reliant and

women empowerment

d) All of the above​

Answer 1

Answer:

All of the above

Explanation:

SHGs are the building blocks of organization of the rural poor. Lending loans to such groups help women to become financially self-reliant, to provide working capital need, to buy assets for their business like sewing machines, cattle etc. And so banks are keen on lending more to these SHG's.