SHG/JLG Microfinance Software

A Self-Help Group refers to a group of 10-20 people who come from similar socio-economic backgrounds for various development programs or to solve common problems. Such groups are recognized by the governments and banks and can open bank accounts in the name of the SHG.A Joint Liability Group (JLG) is usually a group of five to ten who come together to borrow from an MFI. The members in a JLG are also from similar socioeconomic backgrounds and usually the same village..