International Journal of Advanced Educational Research

International Journal of Advanced Educational Research


International Journal of Advanced Educational Research
International Journal of Advanced Educational Research
Vol. 3, Issue 2 (2018)

Role of banking facilities for self help groups in villages


Asha Bhupal Patil, Dr. Patil PB

Banking facilities are must for self help groups in villages. The women are very skillful are they can perform very well in group. The banks are now lending lot of funds to various activities in villages. The author has done decent contribution in creating awareness in this important area of social importance. Self Help Groups are usually informal groups whose members have a common perception of need and importance towards collective action. These groups promote savings among members and use the resources to meet the emergent needs of their members in self Help Groups is normally ranged from 10 to 20. It is expected that, within the group, there should be true democratic culture in which all the members must participate actively in the decision making process by taking part in the debate. Though the cohesiveness among the members would be increased due to homogeneity of the groups in terms of education, occupation, income distribution, sex composition, but in the long term, stability of Self Help. The financial support from banks in minimum rate of interest will make these SHG’s very strong financially and in turn make the village population self reliant.
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How to cite this article:
Asha Bhupal Patil, Dr. Patil PB. Role of banking facilities for self help groups in villages. International Journal of Advanced Educational Research, Volume 3, Issue 2, 2018, Pages 341-343
International Journal of Advanced Educational Research International Journal of Advanced Educational Research