Discuss the characteristics of self group grouos?

Question

Answer

There are 15 to 20 members in a self help group. They contribute money for some adverse condition and also start some business or provide that money to buy seeds and fertilizers and help in agricultural development. The most important thing of the self help grup is that there are no restrictions for anything, people may contribute or may not.(if there is any problem)

Answer

SHG
they are group of15-20 people who collectively collect their savings and this avoid lack of collateral problem and high interest
because they gets loan in name of group and they continue their savings n rotation of taking loans and repaying it timely

Answer

The

features of Self

-Help

Group

(SHG) are : (i) People form their personal

groups

for the purpose of savings and also lend money among themselves. (ii) Rate of interest is lower than informal service providers. (iii) They can also avail loans from banks if their savings are regular.

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