Evaluate the role of Self-Help Group in organizations by giving examples
Self-Help Groups (SHGs) play a significant role in organizations and communities by promoting entrepreneurship, financial inclusion, and empowerment of marginalized groups, particularly women. They are informal groups of people who come together with a common objective of improving their economic, social and cultural status. The following are some of the key ways in which SHGs contribute to organizations and communities:
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Economic Empowerment: SHGs provide access to financial resources to its members, who are often marginalized and excluded from traditional banking systems. _________ ________ ____ ________ __________ _________ ________.
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