GuideUpdated Nov 2026 · 1 min read
Joint Liability Groups
A JLG is a small group of borrowers who take loans together and share responsibility for repayment.
A JLG is a small group of borrowers who take loans together and share responsibility for repayment.
Features
- check_circleSmall groups.
- check_circlePeer pressure.
- check_circleUsually no collateral.
FAQs
What replaces collateral?expand_more
Mutual responsibility.
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