why are banks willing to women organised in SHGs

Because it will enable women to take on more entrepreneurial activities and repay faster to the banks !

Cheers ! @dipika

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ohhhh i think if they will not repay of loan by anyone member is followed up seriously by other members in the group and it is the group which is responsible for repayment of the loan, so banks are willing to lend to poor women when organised SHGs

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there are many reasons......... i just gave 1 and the 2nd u !

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do u know tomorow is my social exam [fa3]

  • -11

awww !! mine is over and i got 98 overall ! lost 2 marks in chemistry ! 

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over all u got 98% cool........

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yaaaar i only like 100 ! 

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nothing will hapen dude score more marks in fa4 n sa2

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k gud night

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 I knoe ! and m trying ma best !

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gud nyt ...........pray for me ! nd all the best 4  2moro! hope u score full ! 

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ok thanks and all the best for u too

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 in rural areas , most precent of people r poor. if they somehow failed to grow crops. there livelihood become in danger. if they borrow money from money lender , they will charge high percent of interest rate while the SHG (self help groups) charge less interest rate..and their member to overcome their difficulties. the banks need high authority , so they can't be open in small villages .therefore , the banks want the shg groups to be organised by people and help the people.SHG is formed by 15 - 20 members . the women can overcome their needs by taking loan in SHG groups.

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ok thanks

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hi
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They provide loan because for releasing mortgaged land, for meeting working capital needs, for housing materials, for acquiring assets like sewing machine, handlooms, cattle, etc.
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Do shg give collateral? Do corporatises hive collateral to banks????
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This is because if the women donot repay loans the SHG will be responsible for its repayment
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No.11

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