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NRLM/ State Project/ NGO/ Any Other Bank: Branch Name: SB A/c Number: Date of Opening of Account: Meeting Frequency*: Weekly/Fortnightly/Monthly Number of times Bank Linkage happened (0 To 10): Monthly Amount of Saving per member*: Active Loan A/C Number: Micro Plan Prepared: Yes/No Basic SHG Training: Yes/No Standard Bookkeeping practices: Yes/No Bookkeeper identified: Yes/No If Yes, Name: II. SHG MEMBER DETAILS S N Member Name* Father/Husband Name* Social Category* (SC/ ST/OBC.

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Self Help Groups (SHGs) are small groups of poor people. The members of an SHG face similar problems. They help each other, to solve their problems. SHGs promote small savings among their members. The savings are kept with the bank.

And thus the movement of SHG has spread out in India. In India, banks are the predominant agency for delivery of micro-credit. In 1970, Ilaben Bhat, founder member of 'SEWA'(Self Employed Women's Association) in Ahmadabad, had developed a concept of 'women and micro-finance'.

The history of SHGs dates back to 1985, from the actions undertaken by the Mysore Resettlement And Area Development Agency (MYRADA). The SHG movement, under the leadership of MYRADA, first started in the southern states.

India boasts of some 12 million SHGs, of which 88 per cent are all-women-member ones. These groups usually consist of 20-25 members, mostly residents of villages.

In 1991-92 NABARD started promoting self-help groups on a large scale. And it was the real take-off point for the 'SHG movement'. In 1993, the Reserve Bank of India also allowed SHGs to open saving accounts in banks. Facility of availing bank services was a major boost to the movement.

Considering that the Bank is charging interest @11% p.a. on the loan component of SHG, the Government shall subsidize interest component of the loan @9% p.a. and the beneficiary has to pay the rest part i.e., @2% p.a.In order to streamline the system, it has been decided by the Government that the Banks will submit the ...

The correct answer is ​Bihar.

India boasts of some 12 million SHGs, of which 88 per cent are all-women-member ones. These groups usually consist of 20-25 members, mostly residents of villages.

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© Copyright 1997-2025
airSlate Legal Forms, Inc.
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Form Packages
Adoption
Bankruptcy
Contractors
Divorce
Home Sales
Employment
Identity Theft
Incorporation
Landlord Tenant
Living Trust
Name Change
Personal Planning
Small Business
Wills & Estates
Packages A-Z
Form Categories
Affidavits
Bankruptcy
Bill of Sale
Corporate - LLC
Divorce
Employment
Identity Theft
Internet Technology
Landlord Tenant
Living Wills
Name Change
Power of Attorney
Real Estate
Small Estates
Wills
All Forms
Forms A-Z
Form Library
Customer Service
Terms of Service
DMCA Policy
About Us
Blog
Affiliates
Contact Us
Privacy Notice
Delete My Account
Site Map
All Forms
Search all Forms
Industries
Forms in Spanish
Localized Forms
Legal Guides
Real Estate Handbook
All Guides
Prepared for You
Notarize
Incorporation services
Our Customers
For Consumers
For Small Business
For Attorneys
Our Sites
US Legal Forms
USLegal
FormsPass
pdfFiller
signNow
airSlate workflows
DocHub
Instapage
Social Media
Call us now toll free:
1-877-389-0141
As seen in:
  • USA Today logo picture
  • CBC News logo picture
  • LA Times logo picture
  • The Washington Post logo picture
  • AP logo picture
  • Forbes logo picture
© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232