What are the benefits of SHGs?

Self-Help Groups (SHGs) offer a range of benefits to their members. Firstly, they provide a platform for individuals to come together and collectively work towards common goals, such as accessing financial services, skill-building, or entrepreneurship opportunities. SHGs also foster a sense of community and support among members, leading to increased social cohesion and mutual assistance. Additionally, SHGs empower their members, particularly women, by enhancing their decision-making abilities, financial literacy, and self-confidence. Overall, SHGs contribute to personal growth, economic empowerment, and social development within communities.
This mind map was published on 10 March 2024 and has been viewed 44 times.

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