It gives the poor the necessary tools, skills, and resources to help them engage in productive activities and grow their way out of poverty. SHG bank linkage model 18.
SHG (Self Help Group) bank linkage programme piloted by NABARD in 1992 with 500 SHGs of rural poor has now transformed into the world’s largest microfinance initiative with over 7.4 million SHGs representing 97 million rural households becoming part of the movement. This has been the predominant form of lending to women as 84% of SHGs are women SHGs as on March 31, 2014.