About Program
Joint Liability Group is a group of 4-6 members of economically active members. This group formed for credit linking purpose. All group member shares the loan liability and guarantee the funder for timely repayment of Loan.
Under Joint Liability Group (JLG) formation and bank linkages program, Madhya Pradesh Grameen Bank, formerly known as Narmada Jhabua Grameen Bank (RRB), Indore assigned task to form 1000 JLG groups in their working area. In this program Aparajita Mahila Sangh has to form 50 JLG Groups in each branch area and linked them with NJGB bank by supporting in loan sanctioning and appraisal process.
Target Area and community
2018 (One year)
Outcome / Results
Aparajita Mahila Sangh successfully completed JLG formation and supported them in Loan appraisals and regular recoveries.
| S. No. | Name of Funder | No. Of SHGs | Disbursement | Outstanding 31-3-018 |
|---|---|---|---|---|
| 1 | NJGB (JLG Linkages Program) | 212 | 3,38,75,000 | 2,82,29,166 |