Samasta Micro Finance
 
Repayments
Samasta Microfinance has implemented the group lending or the Joint Liability Group (JLG) methodology. Here, the loan is disbursed to each individual in the group and the group guarantees each other’s loans. This method has been used by various microfinance organizations within India and has shown a consistently high success rate in repayment. Also, the group dynamics create the necessary discipline among the members and the onus of repayment shifts from the creditor or financial institution to the borrower.

Our business model has a JLG with five or more members each at the base and the centre has 3-5 JLGs. The centre representative will co-ordinate with the Field Welfare Officer.


 
 
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