Social Sciences, asked by jozhika, 1 year ago

why banks are willing to give loans for SHGs ??

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Answered by rohan25novfeb

this is ur expected answer

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Answered by Anonymous

Because if the person fails to pay interest, the other SHG member should pay the interest. This is the rule or condition they ask while giving the loan. So somehow they'll be able to collect the interest either from the person directly or from the SHG member.
Hope this helps

Anonymous: Thanks

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