Understanding the SHG Bank Linkage Programme India: A Guide to Safe Community Savings
Introduction The SHG Bank Linkage Programme India is a massive financial inclusion initiative where small, informal Self-Help Groups (SHGs) open savings accounts with formal banks to eventually secure collateral-free loans. In simple terms, 10 to 20 people from a community come together, pool their monthly savings (bachat), and link this joint fund to a recognized … Read more
