Operating Model - JLG

Joint Liability Group (JLG) is an informal group comprising 4-10 individuals (women) coming collectively for availing financial inclusion services- mainly credit, based on mutual guarantee. The members of the JLG are generally engaged in economic activities and use the credit for advancement of their livelihood. Ambition will facilitate the formation of such JLGs and impart financial literacy training to the members. Once ready, such JLG’s will be introduced to the financial establishments for availing credit and differentmonetary services. Ambition will additionally beaccountable for servicing the clients (e.g. repayment collection) on behalf of the financial institution.