Write a note on self help grup

It denotes an association of small group of self employed rural or urban women entrepreneurs for welfare of its members. The primary objective of this group is to provide financial assistance to its members. It provides financial assistance to its members in the form of loan or raw materials for production.

  • It is a voluntary association of women.
  • It consists of 10-20 members.
  • Groups come together for redressed of common problems.
  • It functions through regular meeting of its members.
  • Its objective is economic empowerment and poverty alleviation.
  • It facilitates co-operative, participative and empowerment culture.

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SELF HELP GROUPS.

WHERE BANKS ARE NOT PRESENT THIS GROUPS HELP THEM.

THEY DONOT NEED ANY COLETERAL DOCUMENTS OR PROOFS

THE GROUP IS OF 15-20 PEOPLE.

THIS PEOPLE TOGETHER FORM A FANCIAL ORGANISATION.

THEY COLLECT 25-100 RS PER MEMBER.

THIS GROUP ISSUES LOAN FOR THE POOR SECTION OF SOCIETY.

IT IS TO BUY FERTILIZERS,SEEDS, MACHINARY etc.

THE REPAYMENT IS WTHIN A GIVEN PERIOD.

NOWADAYSZ IN INDIA WOMEN SELF HELP GROUPS ARE ESTABLISHED.

IT IS TO ENCOURAGE WOMEN FOR SELF RELIANCE.

THIS GROUP IS RESPONSIBLE FOR COLLECTION DISTRIBUTION OF LOAN.

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