Joint liability groups are a concept established in India in 2014 by the rural development agency, National Bank for Agriculture and Rural Development (NABARD) to provide institutional credit to small farmers.
JLGs can be promoted by business facilitators/correspondents, NGOs, farmers' clubs, farmers' federations, panchayati raj institutions, agricultural universities, bank branches, PACS, cooperative societies, individuals, mFIs and many others.
Thereafter, banks require KYC, loan application, inter-Se agreement and DPN.
NABARD supports the formation of JLG in project mode for availing micro credit from banks through all its offices across India.
NABARD has published one booklet on success stories of JLGs which is available on its website.