The problem
A woman starting or growing a micro-business in rural India rarely has collateral or a credit history. Individually, the formal system cannot see her. Informally, she pays punishing rates.
Our answer
DJT Microfinance understands the challenges rural entrepreneurs face. Our Joint Liability Group (JLG) Loan offering is tailored to empower individuals in rural communities by providing them with access to financial resources for their entrepreneurial endeavors. JLG Loans are designed for groups of individuals who come together to avail themselves of financial assistance for income-generating activities. Each member shares collective responsibility for loan repayment, fostering a supportive environment for mutual growth and success.
Who it serves
- Rural women running or starting micro-enterprises
- First-time formal borrowers building a credit history
- Households smoothing income between harvests and seasons
- New small and medium scale entrepreneurs
How it works
Three steps. No surprises.
01
Form the group
Five to ten members from the same village form a joint liability group and complete group training with our field officers.
02
Assess the household
We assess each member's household cash flow and existing obligations, in line with RBI norms, before any sanction.
03
Disburse and meet
Loans are disbursed to each member's bank account. Regular centre meetings handle collections and the next cycle.
Eligibility
- Minimum age of 18 years, Maximum age 58 years
- Business vintage of at least 2 years minimum
- Business place / Residence address owned by the borrower (any one)
- Household income within RBI-prescribed microfinance limits
- Repayment capacity within regulatory FOIR norms
Indicative terms
- Starting amount
- ₹30,000
- Tenure
- 12 – 24 months
- Repayment
- Weekly / fortnightly / monthly
- Security
- Joint liability of the group
Verify with your nearest branch for current rates and terms.
JLG Network & Reach
Active Borrowers
77,395
Empowered rural women
Branches
119
Fully staffed branch network
Districts Served
72
Across rural heartland
States Covered
7
Central, East & North India
State-Wise Branch & District Distribution
Branch network breakdown across operating regions
Uttar Pradesh
Bihar
West Bengal
Assam
Madhya Pradesh
Jharkhand
Uttarakhand
Ready to Start Your Entrepreneurial Journey?
Join our JLG program and become part of a supportive community working towards financial independence and rural development.
Apply for JLG Loan Today