Why does the government provide loans to self-help group?
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India, though SHGs can be found in other countries, especially in South Asia and Southeast Asia.SHG is nothing but a group of people who are on daily vages, they form a group and from that group one person collects the money and he will give the money to the person who is in need
Members also make small regular savings contributions over a few months until there is enough money in the group to begin lending. Funds may then be lent back to the members or to others in the village for any purpose. In India, many SHGs are 'linked' to banks for the delivery of micro-credit.
Members also make small regular savings contributions over a few months until there is enough money in the group to begin lending. Funds may then be lent back to the members or to others in the village for any purpose. In India, many SHGs are 'linked' to banks for the delivery of micro-credit.
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to take small saving for the men and women in that group
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