Self-Help Groups (SHGs)

Self-Help Groups (SHGs) are small, informal groups of individuals, often from similar backgrounds or communities, who come together to support each other’s economic and social development. Members typically contribute small savings regularly, which the group can then lend to members for personal or business needs. SHGs promote financial inclusion, empower members through collective decision-making, and facilitate access to government schemes or training. They play a vital role in poverty alleviation, social empowerment, and building community resilience by fostering mutual support and cooperative efforts.