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Advantages of financing through SHGs

As a member of a group, an economically disadvantaged individual acquires strength. Furthermore, SHG lending lowers transaction costs for both lenders and borrowers. While lenders only have to deal with a single triple SHG account rather than a big number of tiny individual accounts, borrowers who are members of a SHG reduce or eliminate travel (to and from the branch and other locations) for paper work and workdays lost canvassing for loans. SHGs have considerably empowered impoverished people in rural regions, particularly women, where they have been effective. In rural regions, SHGs have made a significant contribution to lowering the impact of informal lenders. Many large corporations are also supporting SHGs in various parts of India. SHGs assist borrowers in overcoming the lack of collateral issue. Women may talk about their problems and come up with solutions. Financial Inclusion – SHGs incentivise banks to lend to poor and marginalised sections of society because of the assuran...

Group Services - SHG ACTIVITIES

income-generating activities or womens self help group Old book shop eseva IT center Communal Farming (Real Estate Crowdfunding) SHG healthy snacks shop SHG PRODUCTS MALL Handicrafts

Forms & Reports

Lakshmi Self Help Group 345, Trichy Main Road, Melur-625106, Madurai 9677429089 | seajohitrust@mail.com | www.melur-selfhelproup.blogspot.in S. No SHG Member Name & Address (Miss/Mrs) Father/ Husband/ Guardian Name (Mr/Mrs) Total No. of meetings attended Total Savings Lakshmi SHG, Meur - Savings Details S. No Name of Member Saving till last month APR'24 MAY'24 JUN'24 JLY'24 AUG'24 SEP'24 OCT'24 NOV'24 DEC'24 TOTAL (Rs) Name of SHG : Lakshmi SHG Date of Started 01.04.24 Month Income Receipts TOTAL (Rs) Expenses Payment TOTAL (Rs) Bal...

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