The concept of self help groups had its origin in the co-operative philosophy and the co-operators by and large, including the National Federations in the credit sector, could not think of any better SHG than a primary co-operative credit society itself.2As SHG are small and economically homogenous affinity groups of rural poor, they are voluntarily coming together for achieving the following.1.To save small amount of money regularly.2.To mutually agree to contribute a common fund.3.To meet their emergencyneeds.4.To have collective decision making.5.To solve conflicts through collective leadership mutual discussion.6.To provide collateral free loan with terms decided by the group at the market driven rates.Today, the self help group movement is increasingly accepted as an innovation in the field of rural credit in many developing countries including India to help the rural poor considered a vehicle to reach the disadvantaged and marginalized section, which in the normal course cannot avail of credit facility from the bank
A self help group is defined as a group consisting of people who have personal experience of a similar issue or life situation, either directly or through their family and friends. Sharing experiences enables them to give each other a unique quality of mutual support and to pool practical information and ways of coping

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Self Help Groups are some new methods in villages to accompolish a formal sector loan for the poor farmers.This group consists some members where the save their income which may be so small not considered.Now when this savings has reached a certain level the group has the right to open a bank account in the name of the group.So many farmers are benefited and the interest are also paid in time.
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