In what ways do the self groups the rural sector of indian economy

HI

1)SHGs help borrowers overcome the problem of lack of collateral.
2)They get timely loans for a variety of purposes and at reasonable rates of interest.
3)It hell's women to become financially independent.
4)The regular meetings provide a platform to discuss and act on a variety of social issues such as health, nutrition, domestic violence, etc.

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Values of SHGs
Team work- Self Help Group (SHG) is a group of about 15-20 members who pool their savings together.
Self sufficiency lead to eradication of poverty- After two years of regular savings, the SHG can also take a loan from the bank. Loan is given on the name of the group and creates tremendous opportunities for self-employment of the members.
Women Empowerment- Many women as the members of SHGs have become economically independent.