Self help groups ( SHG ) have become a medium for women’s empowerment. Especially in rural areas, it is an effective medium for empowering women and creating them financially. What is Self Help Group? A self-help group is a voluntary group of 10-20 members with similar social and economic backgrounds who regularly save a little from their income. Mutually agree to contribute an individual amount in collective law, make collective decisions. Resolve mutual differences through collective ... SHGs are informal associations of people who choose to come together to improve their living conditions. They provide collateral free loans, savings, financial inclusion and social empowerment to the poor and marginalized. A Self-Help Group ( SHG ) is a small, informal group of individuals from similar socio-economic backgrounds who voluntarily unite to pursue shared goals. They contribute regular savings, pool their resources, and utilize the collective fund to address personal needs or initiate income-generating ventures. Self-Help Groups (SHGs) Objectives SHG Full Form stands for Self Help Group. Self Help Groups are voluntary associations of individuals who come together to address common economic, social, and cultural needs.
