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Abstract
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. As SHG are small and economically homogenous affinity groups of rural poor, they are voluntarily coming together for achieving the following: To save small amount of money regularly, To mutually agree to contribute a common fund, To meet their emergency needs, To have collective decision making, To solve conflicts through collective leadership mutual discussion and To provide collateral free loan with terms decided by the group at the market driven rates.