What does SHG mean in Community?
This page is about the meanings of the acronym/abbreviation/shorthand SHG in the field in general and in the Community terminology in particular.
Self-Help Group
Submitted by jpblixt on March 23, 2016
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Definition
What does SHG mean?
- Self-help group
- A self-help group is a village-based financial intermediary usually composed of 10–20 local women. Most self-help groups are located in India, though SHGs can also be found in other countries, especially in South Asia and Southeast Asia. Members make small regular savings contributions over a few months until there is enough capital in the group to begin lending. Funds may then be lent back to the members or to others in the village for any purpose. In India, many SHGs are 'linked' to banks for the delivery of microcredit.
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"SHG." Abbreviations.com. STANDS4 LLC, 2024. Web. 16 May 2024. <https://www.abbreviations.com/term/194768>.
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