Question
Discuss the characteristics of SHGs.
Answer :
Word Count : 516
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Skip in 10
Self-Help Groups (SHGs) are small, voluntary, and homogeneous groups of individuals, usually comprising 10 to 20 members, who come together to address common economic, social, and developmental needs through mutual cooperation and collective action. One of the primary characteristics of SHGs is their voluntary nature, where membership is based on willingness rather than compulsion. Individuals join these groups with a shared purpose, often related to financial inclusion, empowerment, or social support. Another important characteristic is homogeneity. Members typically belong to similar socio-economic backgrounds, which fosters trust, understanding, and cohesion within the group. This similarity helps in creating a supportive environment where members can easily relate to each other’s problems and work collectively towards solutions. Along with this, SHGs are characterized by small size, which
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