Question

 Role of facilitators in savings and credit operations of SHGs

21 Jul 2025
Answer :
Word Count : 486
Facilitators play a crucial role in the savings and credit operations of Self-Help Groups (SHGs), acting as the bridge between the members and various financial institutions. Their role is central to ensuring the smooth functioning, sustainability, and empowerment objectives of SHGs, especially in rural and underserved areas. They guide group formation, build financial literacy, enable access to credit, and promote accountability and transparency among members. One of the primary responsibilities of facilitators is to assist in the formation and nurturing of SHGs. They help identify like-minded individuals, mostly women, and encourage them to form groups based on mutual trust and socio-economic compatibility. Once the group is formed, facilitators educate members about the principles and benefits of collective savings and mutual credit. ______ _________ __________ __________ ______ _________ _________.
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