What are Self Help Groups? Explain the aims of Self Help Groups.

What are Self Help Groups? Explain the aims of Self Help Groups.

Ans.
Self Help Groups: Self Help Groups is an organization of 15-20 members belonging to one neighborhood, who meet and save money regularly.
Aim of Self Help Groups: The main aim of Self Help Group is to oganise rural poor, women in particular and collect their savings and to take loans from the group to meet their needs. The group takes loan from the bank to create self employment opportunities for the members.