Question

Write short notes on formation of self help group.

Answer 1

SHGs have been able to mobilize small savings either on weekly or monthly ... SHG is a group formed by the community women, which has specific number of members like 15 or 20.

Answer 2

A self-help group (SHG) is a financial intermediary committee usually composed of 10–20 local women or men. Most self-help groups are located in India, though SHGs can be found in other countries, especially in South Asia and Southeast Asia.

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