Self Help Groups India

Over 95% SHG loan accounts regular as of 31st March, 2011

The agency-wise progress under SHG-Bank Linkage Programme as on 31 March 2011 is as under :

Amount in Rs. Lakhs

Sl. No.

Name of the Agency

Total outstanding Bank Loans  to SHG

Average loan outstanding per SHG

No.ofSHG’s

Loans outstanding

1

Coml. Bank 3053472 2188325.67

0.71

2

RRBs 451798 190785.65

0.42

3

Coop. Bank 1281493 743005.23

0.57

  Total 4786763 3122116.55

0.65

The average loan outstanding per SHG has increased from Rs.57,795/- in March 2010 to Rs.65,224 in March 2011.

 Peer pressure plays an important role in SHG mechanism which ensures timely recovery of outstanding loan.  As on 31.03.2011 over 95% SHG loan accounts are regular.

SHG members stand in front of a truck delivering products manufactured by them.

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