What do you mean by Self help groups?

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Chaitali Shah

Economics Teacher with 2 years experience

Self Help Groups are formed by people with common interest or common problem to help each other.
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Self-help groups, also known as mutual help, mutual aid, or support groups, are groups of people who provide mutual support for each other. A SHG is an informal association to enhance the member’s financial security as primary focus and other common interest of members such as area development, awareness,...
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Self-help groups, also known as mutual help, mutual aid, or support groups, are groups of people who provide mutual support for each other. A SHG is an informal association to enhance the member’s financial security as primary focus and other common interest of members such as area development, awareness, motivation, leadership, training and associating in other social inter-mediation programmes for the benefit of the entire community. Self-help groups are started by non-governmental organizations (NGOs) that generally have broad anti-poverty agendas. It typically comprises a group of micro entrepreneurs having homogeneous social and economic backgrounds, all voluntarily coming together to save regular small sums of money, mutually agreeing to contribute to a common fund and to meet their emergency needs on the basis of mutual help. A self-help group (SHG) is a village-based financial intermediary committee usually composed of 10–20 local women or men. In the case of disabled persons, the groups formed should ideally be disability-specific wherever possible, however, in case sufficient number of people for formation of disability-specific groups are not available, a group may comprise of persons with diverse disabilities or a group may comprise of both disabled and non-disabled persons below the poverty line. read less
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BE(Electronics)

Self-Help Group (SHG) is a small voluntary association of poor people, preferably from the same socio-economic background. They come together for the purpose of solving their common problems through self-help and mutual help. The SHG promotes small savings among its members. The savings are kept with...
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Excellence Award Winner ( 7 times )

Self help groups are small informal association of the poor created at the grass root level .... Apart from a number of things, the members do as a group, they pool their ..... This means that their main plan is the generation of the self- confidence
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