Who takes the important decisions of SHG(SELF HELP GROUP) and why?
Answers
Answered by
72
Group members take the important decisions of SHG.
Reasons;
-The group owes responsibility for the repayment of loans.
-Other members of the group follow seriously if in case of non-repayment of loan by one member.
-The groups decides as regards the loans to be granted-the purpose,amount,interest to be charged,repayment schedule
Reasons;
-The group owes responsibility for the repayment of loans.
-Other members of the group follow seriously if in case of non-repayment of loan by one member.
-The groups decides as regards the loans to be granted-the purpose,amount,interest to be charged,repayment schedule
Answered by
8
The important decisions of the SHG are taken by the group members themselves.
Explanation:
- A Self Help Group is a finance committee which is generally composed of over 20 to 50 members comprising of both male and female from a certain community.
- This committee is usually found and prevalent in rural parts of India.
- The group members themselves are responsible for repaying any loans.
- Other members of the group can follow seriously if one of the members does not pay his part of the loan repayment.
- The group comes up with the decision to grant the loan – the purpose, interest, amount to be charged or repayment schedule options.
Learn more about self help group
What are self help group? write its four functions
https://brainly.in/question/2983129
Self help group wants to manufacture jokers caps of 3 cm radius and 4 cm height FB available colour papers sheet is housand CM square then how many caps can be manufactured from that paper sheet?
https://brainly.in/question/2665866
Similar questions
Math,
7 months ago
Science,
7 months ago
World Languages,
7 months ago
Computer Science,
1 year ago
Biology,
1 year ago