jointliabilitygroup

...

 

 
Joint Liability Group
  
In the block of Peesangan Rajasthan Samgrah Kalyan Sansthan has started Joint Liability Group Formation Program with financial support off NABARD. Under this project development and strengthen rural poor women and men belonging from rural society & have working with some micro enterprises for their livelihood, more than third farmers belong to small and marginal category NABARD supported JLG program is especially for those small and marinal farmers who do not have their own agriculture land or have very small holding size. Rajasthan Samgrah Kalyan Sansthan organized 5-6 members & formed small group as joint liability group (JLG) as per their homogeneity base factors & we trained them in group functioning opening of group account in bank & then we provide hand holding support to establish financial linkages with the bank for strengthening of their micro enterprises for increase their income. After bank finance Rajasthan Samgrah Kalyan Sansthan Follow – ups with groups & motivated of facilitate & motivate them for repayment of 

Objective 

To augment flow of credit farmers, especially small marginal, tenant farmers, oral lessees, share croppers/individuals taking up farm activities.
To serve as collateral substitute for loans to be provided the target group. 
To build mutual trust and confidence between bank and the target group.  
To minimize the risks in the loan portfolio for the banks though group approach, cluster, peer education and credit discipline. 
To provide food security to vulnerable section by enhanced agriculture production, productivity and livelihood promotion though JLG.  
To build mutual trust and confidence between banks and tenant farmers.  
To extend collateral free loan to target client.
Activities 

Selection of village and choose the same economic level.
Organizing monthly meeting and saving incentives. 
Documentation of Joint Liability group. 
To be motivated to connect with various scheme. 
Capacity addition for a short training like horticulture, animal husbandry etc. 
Connectivity with bank and providing bank loan. 

Achievement 

Helped to promote savings and yielded moderate economic benefits; 
Reduced the dependence on money lender; and 
Resulted in empowerment benefits to Men. 
Provided access to credit to their member;