Group Loan

Basically group loan is only for ladies in which 10 to 20 ladies are make a group/center at any group member's home, mostly they are neighbors (not blood relatives) and well know to each other because they are belong to same slums ,same society and have similar financial back ground also. they take mutual guarantee to each other for repay. in which loan amount is up to Rs.30000/ and it increases yearly loan cycle wise.