The group leaders operate the SHG accounts. SHGs facilitate collective decision – making and provide “door step” banking to the poor. The banks, as wholesalers of credit, provide the resources, while the NGOs are the agencies that organise the poor, build their capacities and facilitate the process of empowering them. Interest rates on loans granted by banks to SHGs are deregulated.
Moreover, I would like to express my sincere gratitude to Mr. Francis Tam for his unremitting support and guidance; to the government departments, all sectors of the society and the business communities for their support and co-operation.