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Write four disadvantages of SHG.

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Write four disadvantages of SHG.
  • 1 answers

Yogita Ingle 6 years, 1 month ago

Advantages of SHGs:

  • The SHGs help the borrower to overcome the problem of lack of collateral.
  • They can get timely loans for a variety of purposes and at a reasonable interest rate.
  • SHGs are the building blocks of organisation of the rural poor.
  • Not only do they help women become financially self-reliant, the regular meetings of the group provide a platform to discuss and act on a variety of social issues such as health, nutrition, domestic violence, etc.
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