How is the concept of Self Help Group important for poor people? Give your view points.

1. SHG’s basic idea is to provide financial resource for the poor through organizing the rural poor especially women, into small Help Groups.
2. It organizes the rural poor, especially women, into small Self Help Groups.
3. It collects saving of the members.
4. it provides loans without collateral.
5. It provides timely loans at reasonable rate of interest.
6. It also provides a platform to discuss various social issue.

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