The article seeks to compile all the relevant information regarding Self Help Groups (SHGs) in the field of micro finance. A historical perspective on these groups is given and the mode of working of SHGs is discussed in some detail. Finally the grounds on which these groups have been criticized are being discussed.
Self help group is the buzzword in finance and rural banking today. Self help group is an association of some people who work jointly for everybody's benefits. To know how a self help group is formed, how a SHG works , go through the article.
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