SHG (SELF HELP GROUP) LOAN

Self-help group (SHG) loans are financial products designed to provide credit to members of self-help groups, typically comprising individuals from low-income. These loans promote collective responsibility and mutual support among members, enhancing their financial inclusion and empowerment. SHG loans are often used for small businesses and income-generating activities. Loan repayment period on monthly basis and term will be from 1 year to 5 years.