Self Help Group (SHG) Loan

A Self Help Group (SHG) Loan is a loan facility provided by Janakalyan Thrift & Credit Co-operative to registered self-help groups. The loan is designed to empower groups of individuals, especially women, by supporting their collective financial needs for income-generating activities, small businesses, or community development projects. SHG loans encourage savings habits, financial discipline, and self-reliance among members.

Benefits of Availing SHG Loan from Janakalyan Thrift & Credit Co-operative:

• Promotes financial independence and entrepreneurship among members

• Easy access to credit without heavy collateral requirements

• Encourages group savings and mutual accountability

• Quick loan sanction and disbursal process

• Flexible repayment options suitable for group needs

How the Loan Amount is Determined:

The loan amount is decided based on the group’s savings record, repayment history, size of the group, and proposed purpose of the loan. The creditworthiness of the group as a whole is considered rather than individual members alone.

What is the Tenure of SHG Loan Provided by Janakalyan Thrift & Credit Co-operative:

The tenure of an SHG loan generally ranges from 12 months to 36 months, depending on the loan amount and repayment capacity of the group.

What is the Maximum Loan Amount that I Can Take:

The maximum loan amount depends on the size of the group, savings pattern, and repayment capacity. Generally, SHGs can avail loans that are a multiple of their collective savings, subject to co-operative’s policy and guidelines.