micro-finance

An Empirical Case Study of Women Self Help Group (SHG) functioning in Nanded City

Self Help Group (SHG) is a small voluntary association of poor people, preferably from the same socioeconomic background. The government also wants to promote the SHG by the way of providing the grants which is either interest free or on a very nominal interest. The members of SHG come together for the purpose of solving their common problems through self-help and mutual help. The SHG promotes small savings among its members. The savings are kept with a bank. This common fund is in the name of the SHG. Usually, the number of members in one SHG does not exceed twenty.