Write a short note on Self - Help Groups (SHGs).
Class 10
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The basic idea behind SHG's is to help the women in a neighbourhood to become financially self reliant.It helps to overcome the problem of lack of collateral by organising rural poor.
Working of SHG's:
▶The SHG comprises of 15-20 members particularly woman belonging to same neighbourhood ▶They pool their savings depending upon the ability of people to save.
▶The members can take small loans from the group to meet their needs.
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