SHGs
Self-Help Groups (SHGs) are voluntary, small, informal associations designed to promote savings, credit, and mutual support among members. They are common in many developing regions, with a large presence in rural India, and are used to foster financial inclusion, risk sharing, and social empowerment.
Formation and operation typically involve 10 to 20 members who commit to regular savings and to meeting
Financial linkages and services often extend beyond the group’s internal activities. SHGs mobilize savings to create
Outcomes associated with SHGs include improved financial inclusion, increased household savings, easier access to credit, and