Economy, asked by alicepankaj1, 1 day ago

why are banks willing to provide credit to the self help groups without collateral

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Answered by fcqe
1

Answer

Explanation: Lending loans to such groups help women to become financially self-reliant, 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

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