Question
Self-Help Groups
Answer :
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Skip in 10
Self-Help Groups (SHGs) are community-based groups formed mainly by women to promote savings, credit access, mutual support and collective action. They have become an important approach in gender and development by strengthening women’s participation in economic and social activities. Usually, an SHG consists of a small number of members who meet regularly, save a fixed amount of money and provide loans to each other when needed. SHGs contribute to women’s empowerment by improving their financial independence and decision-making abilities. Through these groups, women gain knowledge about banking, entrepreneurship, health, education and government schemes. They also develop leadership skills and confidence
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