Self-Help Groups

“Microcredit is a useful strategy for poor women but it can have disadvantages”. Comment on this statement with examples.

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Introduction Microcredit refers to the provision of small loans to poor individuals, especially women, who lack access to traditional banking services. These loans are typically given without collateral and are intended to support income-generating activities like small businesses, farming, or handicrafts. While microcredit has empowered many poor women, especially in rural areas, it also comes […]

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What Self-help Groups? Explain

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Introduction Self-help Groups (SHGs) are small, voluntary groups of people, usually from similar socio-economic backgrounds, who come together to solve common problems, especially related to finance, empowerment, and development. These groups, mostly formed by women in rural areas, play a vital role in promoting financial independence and social change. Definition of Self-help Groups A Self-help

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MDV-105 Assignment 7 Questions and Answers – Master Index

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MDV-105 Assignment 7 – Master Index Page This master index contains all the questions from MDV-105 Assignment 7 along with direct links to their full, easy-to-understand answers. These responses are written in simple English to help IGNOU students learn and score better in their assignments. What do you understand micro-finance based development by self help

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What do you understand micro-finance based development by self help groups? Discuss different development models of self help groups.

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Introduction Micro-finance based development is a method of helping poor and low-income people improve their standard of living by giving them access to small loans and other financial services. One of the most successful models in this field is the Self Help Group (SHG). In India, SHGs have empowered rural women and communities by offering

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What are benefits to the members of self-help groups in India?

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Introduction Self-Help Groups (SHGs) are small voluntary associations of people, typically women, who come together to improve their socio-economic conditions through mutual help, savings, and access to microcredit. In India, SHGs have played a transformative role, especially in empowering women and promoting rural development. Benefits to Members of SHGs 1. Financial Independence Members save small

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