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What is the basic idea behind SHGs for the poor? What is objectives do the SHGs serve?

Answer» The basic idea behind SHGS as follows;1. It helps poor rural people especially women to become self reliant.2. It helps poor to overcome the problem of lack of collateral and provides credit at cheap interseat.3. With this credit they are enabled with variety of job opportunity as they can open a small cottage industry etc.4. By saving money regularly in SHGS, they can get a loan from a bank.5. Moreover daily meetings provide them a platform to discuss on various social issues like nutrition, child marriage , domestic violence etc.


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