It is a group of 15-20 people especially rural women who pool their savings depending upon their capacity ranging from rs. 25-100 or more. Credit is provided to the group members at a low interest rate. Its group operates for one or two years, they are able to take loan from the bank. Bank gives loan to the group with an objective to create self employment opportunities.
Decisions regarding rate of interest, time period and loan amount is taken by the group members themselves. SHG organized people for productive purpose and make them self dependent. It also gives a platform to the members to discuss about various social economical issues like health, sanitation, education, domestic violence, etc.
