What Self-help Groups? Explain

Self-Help Groups (SHGs) are community-based organizations that empower individuals, particularly women, to collectively manage their finances, improve their livelihoods, and enhance their social status. These groups typically consist of 10 to 20 members from similar socio-economic backgrounds who come together for mutual support and development. The concept of SHGs originated in India in the 1980s, with the primary aim of providing microfinance services to marginalized communities, especially women.

SHGs operate on the principle of self-management, where members contribute savings regularly, which can then be loaned to one another at low-interest rates. This financial autonomy allows members to engage in income-generating activities, such as agriculture, crafts, or small businesses. The success of SHGs lies not only in financial empowerment but also in fostering a sense of solidarity and collective responsibility among members. By pooling resources and sharing knowledge, women can overcome barriers that _________ _____ _______ ____ __________.
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