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Self Help Group Loans


Self Help Group Loans


Self Help Group is a concept emerged in the direction of helping rural poor by forming groups so that they will improve their living conditions through voluntary participation in thrift and availing credit. Micro finance is the provision of thrift and credit and other financial services and products of very small amount to the poor in rural, semi-urban and urban areas for enabling them to raise income levels and improve their standard of living

To evolve supplementary credit strategies for meeting the credit needs of the rural poor by combining the flexibility, sensitivity and responsiveness of the informal credit system with the strength of technical & administrative capabilities and financial resources of formal credit institutions