Answer:
Advantages
of SHGs:
(i) The SHGs help the borrower to overcome the problem of lack of
collateral.
(ii) They can get timely loans for a variety of purposes
and at a reasonable interest rate.
(iii) SHGs are the building blocks of organisation of the
rural poor.
(iv) Not only do they help women become financially
self-reliant, the regular meetings of the group provide a platform to discuss
and act on a variety of social issues such as health, nutrition, domestic
violence, etc.
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