Question

Mention the features of SHGs.

Answer 1

1. SHG is an economically homogeneous group formed through a process of self-selection based upon the affinity of its members.
2. Most SHGs are women’s groups with membership ranging between 10 and 20.
3. SHGs have well-defined rules and by-laws, hold regular, meetings and maintain records and savings and credit discipline.
4. SHGs are self-managed institutions characterized by participatory and collective decision-making.