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VOL. 2, ISSUE 5 (2017)
A study on loan utilisation of self help groups [SHGs]
Authors
K Surya Suganya, Dr. G Gabriel Prabhu
Abstract
Self Help Group is a small economically homogeneous affinity group of the rural poor voluntarily coming together to save small amount of money regularly, which is deposited in a common fund to meet members emergency needs and to provide collateral free loans decided by the group. Throughout history, people have formed groups with others who have something in common with them, and oppressed people have joined together to overcome the conditions they face. Self-help groups have distinct characteristics, the philosophies of the self-help movement overlap with various other ways of working. In the past two decades, the self-help movement has mushroomed. Self-help group is about people coming together with others who are affected by a particular issue to support each other and to work together to change the disadvantage affecting them.
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Pages:457-459
How to cite this article:
K Surya Suganya, Dr. G Gabriel Prabhu "A study on loan utilisation of self help groups [SHGs]". International Journal of Academic Research and Development, Vol 2, Issue 5, 2017, Pages 457-459
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