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Self-help groups are groups formed by marginalized and poor people to solve problems through collective effort. They are used worldwide by governments, NGOs, and others to provide microloans and help individuals start small businesses. In Bangladesh, the Grameen Bank was formed by the poor to provide loans with low interest rates. Thousands have improved their lives and communities through self-help groups. The Indian government recognizes their importance in implementing development programs at the local level.
Self-help groups are groups formed by marginalized and poor people to solve problems through collective effort. They are used worldwide by governments, NGOs, and others to provide microloans…