Copyright © 1999-2025 GoDaddy, LLC. All rights reserved. Privacy Policy SHG Full Form stands for Self Help Group. Self Help Groups are voluntary associations of individuals who come together to address common economic, social, and cultural needs. Empowerment Activities Self Help Groups SHG is group of rural poor who have volunteered to organise themselves into a group for eradication of poverty of the members. They agree to save regularly and convert their savings into a Common Fund known as the Group corpus. The members of the group agree to use this common fund and such other funds that they may receive as a group through a common management. The group formation will keep in view the following broad guidelines : Generally a self ... Self help groups ( SHG ) have become a medium for women’s empowerment. Especially in rural areas, it is an effective medium for empowering women and creating them financially. What is Self Help Group? A self-help group is a voluntary group of 10-20 members with similar social and economic backgrounds who regularly save a little from their income. Mutually agree to contribute an individual amount in collective law, make collective decisions. Resolve mutual differences through collective ...