what are the advantages and disadvantages of self help groups

Advantages of self help group are as follows.

1.They pool the individual resources and savings, which the banking system fails do (due to inadequate banking system in India)

2. Facilitates the members to employ themselves in numerous self-employment opportunities

3. Help in raising the living standards of the concerned members

4. Reduce the dependence on the informal credit sources

Disadvantages of self help groups are as follows.

1) Availability of funds is limited since funds are pooled by limited members
2) Limited working hours and seasons for the operations of the facilities
3) Dominated by males
4) New members can influence the functioning to a large extent

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