why self help group are growing in popularity
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The SHG's are becoming popular because of the follng reasons:-
- The SHG's help the borrower to overcome the problem of lack of collateral.
- People can get timely loans for a variety of purposes and at a resonable interest rates.
- SHG's are the building blocks of organisation of rural poor.
- Not only does it help women to become financially self-reliant, the regular meetings of the group provide a platform to discuss and act on a variety of social issues such as health,nutrition,domestic values,etc.
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- The SHG's help the borrower to overcome the problem of lack of collateral.
- People can get timely loans for a variety of purposes and at a resonable interest rates.
- SHG's are the building blocks of organisation of rural poor.
- Not only does it help women to become financially self-reliant, the regular meetings of the group provide a platform to discuss and act on a variety of social issues such as health,nutrition,domestic values,etc.
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to help the poor presents and farmers in the urban areas who do not have enough money to cultivate there lands
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