How do you make a female support group?

How do you make a female support group?

Women Gathering: 7 Tips for Starting a Small Group

  1. Decide on the purpose for gathering. Will this be a book group, a Bible study, a prayer group or something else?
  2. Choose a leader or facilitator.
  3. Create an inviting atmosphere.
  4. Ensure confidentiality.
  5. Be authentic.
  6. Commit to pray.
  7. Have fun.

How do you organize a self help group?

Decide who can join the group – try to keep the group small to begin with as this will provide everyone with a chance to participate. Decide on how often to meet, setting a date and time for the first meetings. Ensure meetings are arranged in accessible locations and not too far from where the group members live.

What is the basic idea behind the self help group?

The basic idea behind SHGs is to bridge the gap between the formal and informal sources of credit. SHGs provide timely loans to poor at reasonable interest rates.

What are the two major objectives of a self help groups?

Objectives of SHG:

  • To inculcate the savings and banking habits among members.
  • To secure them from financial, technical and moral strengths.
  • To enable availing of loan for productive purposes.
  • To gain economic prosperity through loan/credit.

Why are banks willing to lend to self help groups?

Why banks are willing to lend to the poor woman when organising self help groups even they have no collateral. * Because failure of repayment of loan by single member us taken up seriously by other members. * In case the member is unable to pay, the bank can negotiate with the savings of SHG and take it.

Why do banks prefer loans to self help groups rather than poor individuals?

SHGs are the building blocks of organization of the rural poor. Lending loans to such groups help women to become financially self-reliant, to provide working capital need, to buy assets for their business like sewing machines, cattle etc. And so banks are keen on lending more to these SHG’s.