Joint Liability Group

SCNL follows the Joint Liability Group (JLG) model of


for its microfinance operations. SCNL’s clients are organized in customized groups and are provided with Compulsory Group Training (CGT) by the field staff of SCNL. The Training Program covers product details, rules and regulations, policies & procedures and empowers them to access financial and social services.  After the training, Group Recognition Test (GRT) is conducted to test group members’ understanding about SCNL’s microfinance program and to identify their genuine interest in sharing voluntary-joint-liability, credit-absorption capacity and thereby assuring to migrate to better livelihood standard. Successful completion of GRT leads to credit extension and thereby marking the entry of member into a long-term, sustainable and mutually gainful association. We encourage & support the member to participate in the socio-economic advancement. We do not require any collateral for advancing loans to the clients as our model works on the concept of social collateral.

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Latest News

  • Mr. HP Singh speaks to BTVI on Q3FY18 results and SCNL quarter Performance - Feb 15, 2018 (Know More)
  • Mr. HP Singh speaks to CNBC on Q3FY18 results & More - Feb 15, 2018 (Know More)
  • Satin Creditcare Network registers 30% YoY growth in gross loan portfolio- The Economic Times - Feb 14, 2018 (Know More)
  • Satin Creditcare Q3 net up 28 pc to Rs 21.6cr- Business Standard - Feb 14, 2018 (Know More)
  • Satin Creditcare comes up with stellar performance- Dalal Street Journal - Feb 14, 2018 (Know More)