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Formal and Informal Loans in Urban areas, Self Help Groups, SHG's…
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Self Help Groups
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Formation
Grp of 10-15 people, especially women
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If regular in savings, it can approach a bank for a loan
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Nos.
Acc. to NABARD, there are 2.2 mil. SHG's representing 33 mil. members
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SHG's Contd.
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Advantages
Combating Social evils like alcoholism, gambling, etc
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