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The Self Help Group (SHG) movement in India represents an innovative approach to financial intermediation, and combines access to low-cost financial services with a process of self-management and development for the SHG members. SHG members make small regular savings contributions, and use the savings to lend to group members.
A self-help group (commonly abbreviated SHG) is a financial intermediary committee usually composed of 12 to 25 local women between the ages of 18 and 50. Most self-help groups are in India, though they can be found in other countries, especially in South Asia and Southeast Asia.
Self-help group may refer to: Support group , group in which members provide each other with various types of help for a particular shared characteristic Self-help group (finance) , village-based financial intermediary usually composed of between 10-15 local women
Self-help group (finance), a group of people who work on daily wages who form a loose grouping or union Standard High German , umbrella term for standardized varieties of the German language Sweden Hockey Games , an annual ice hockey tournament held in Sweden
The local unit of the federated self-help group retains full control of its decisions. These groups tend to rely on experiential knowledge, and professionals rarely directly interact. The leaders of these groups would be any members comfortable with the format and willing to accept responsibilities.
Nearly 2 million workers are members of the Self-Employed Women’s Association across eight states in India. Self-employed women are defined as those who do not have a fixed employer-employee relationship and do not receive a fixed salary and social protection like that of formally-employed workers and therefore have a more precarious income ...
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Krishna Grameena Bank was one among the two Regional Rural Banks in India, picked by NABARD for execution of Pilot basis Smart Cards, where Micro-Processor Cards were used by members of SHG to check the account balances in their Savings bank account and to withdraw cash from their respective savings bank accounts avoiding the intervention of ...