Ans. Merely forming a group, just because someone other has formed serves no purpose. Also forming a group just to avail some kind of financial incentive also is a very futile exercise. The objective of forming a Bachat Gat is to promote thrift amongst members and at a later stage to explore possibility of starting some kind of self employment.
Q.2. What is the minimum number of members in a Bachat Gat?
Ans. With few exceptions, the minimum number of members in a Bachat Gat is usually 10.
Q.3. What would be the ideal size of membership in a Bachat Gat?
Ans. The answer is relative in nature. For eg. if the Group has a vision to get itself involved in self employment activities at a later stage, it should keep its membership sleek, an ideal figure would be 10 members. Too many members leads to less work and more profit sharers, which gives rise to internal rife in the group. If the group has intended to restrict itself only to savings, the group can be upto 20 or even more. Managing a big group requires great amount of leadership skill in the office bearers of a Bachat Gat.
Q.4. Can one or more family members enroll in a SHG ?
Ans. No. One member from one family is usually inducted. This is done for providing equal benefits to all. For eg. suppose a group approaches for some scheme or some subsidy, and the group has two or three members from one family, that particular family enjoys the benefits manifold.
Q.5. Can we induct member into our SHG from other towns ?
Ans. No. The concept of Bachat Gat movement is to enhance community development. Ideally members from same locality, village, block are to be inducted.
Q.6. Is Auditing of Accounts required ?
Ans. Yes, especially when the savings and the amount receivables grow substantially. Auditing also inspires confidence amongst involved members in the group, it promotes transparency and exudes good confidence from Banking and other Financial Institution, when the group approaches for loan etc.
Q.7. Where can a group be registered?
Ans. A group is registered with local self government bodies, for eg. Municipal Corporation / Council in urban / semi urban areas. In Panchayat Samitis in Rural areas. NGOs are also empowered to register Bachat Gat under them. We at Swayamsiddha Bachat Gat Foundation too enroll Bachat Gat under our Mother NGO Programme (Click here for details.)
Q.8 How many times meetings are to be conducted?
Ans. Rules provide atleast one meeting in a month, however, it is always a good practice to meet frequently, atleast once a week. This helps the group to gel well into a team.
Q.9 We intend to start business, which activity should we undertake ?
Ans. There are no restrictions, per se, for a Bachat Gat for indulgence into any kind of business activity. However, it is suggested that Bachat Gats should not seek advise from others to start business, they themselves are good judge of their capabilities and they should do some basic market survey to find out which line of activity can be successful in their location.
Q.10 Can we form a mix group ?
Ans. No. Mixed group is not permissible. In a mixed group, it is observed that generally male members dominate over their female counterparts.
Q.11 How can we start our Business Activity through SHG ?
Ans. Starting a Business Activity requires change of Mindset. It requires proper approach. The first step is willingness to start a Business, followed by selection of products, proper training, mentoring and a person or an organisation who can act as a friend, philosopher and a guide
Q.12 How should we market our products ? (Most Frequently Asked Question)
Ans. Marketing of products or services is a skill, which the members have to imbibe. In the absence of funds for proper advertisement, the quality of your product and its uniqueness must speak for itself. We advise women to market their products through formal channels like first distribution of free samples, participation in local fairs, exhibitions, networking through local shopkeepers to display their products etc. There are many other tips that we give.
Q.13) What are the different types of SHGs ?
Ans. SHGs are of following type :
1) Women's SHG & Men's SHG
2)Below Poverty Line SHG & Above Poverty Line SHG
3)Urban SHG & Rural SHG