These groups are promoted by both government and non-government organizations and are popularly known as SHGs. These are small, homogenous, and voluntary groups of rural poor not exceeding 20 members. Members of these groups voluntarily contribute to a common fund through regular savings. They mutually agree upon to lend this fund among its members based on group decisions: All decisions are consensual decisions. The emphasis is on both thrift and credit activities. Group meetings are convened at a pre-determined place and time, which facilitates group processes and transparency in operations. The strength of the SHG concept lies in its democratic character, decentralized decision making, financial discipline coupled with sound systems, procedures lending transparency to all its transactions.
For Citing this article use:
- Agasara, M. (2018). Women empowerment through shg bank linkage programmes a case study of hyderabad karnataka region.