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JLG loan software built around the weekly centre meeting
Joint liability groups, centres with their meeting day and GPS, loans for the whole group in one go, and a collection sheet that is ready before the field officer reaches the meeting.
- Group loan desk
- Centre collection sheets
- DPN & loan cards
What is JLG loan software?
JLG loan software manages joint liability group lending: borrowers form small groups that guarantee each other, groups meet at a centre on a fixed day, and instalments are collected from the whole group at the meeting. It keeps the groups and centres, creates loans for the group, prepares the collection sheet for every meeting and tracks each member's dues and overdue.
NexMFI does all of this as part of NexMFI microfinance software, with accounts and reports included.
Group lending, from formation to closure
Groups & centres
Know where and when.
- Meeting detailsDay, time, place and GPS location
- Photo & contactsGroup photo and contact persons
- Members with KYCAadhaar, nominee, OTP-verified phone, documents
Group loan desk
One group, one sitting.
- Loans for the whole groupApplied, approved and disbursed together
- Weekly productsFlat or reducing, fees and insurance
- PrintsDPN, group profile and loan card
Centre collection
The meeting, posted.
- Sheet by meeting dateEvery member's due, plus earlier unpaid dues
- Paid, part-paid, overduePosted for the whole centre at once
- Group UPI QROne QR for the group's dues
Five steps, every cycle
- Step 1
Form the group
Members onboarded with KYC and OTP; the centre's meeting day, place and GPS recorded.
- Step 2
Group loan desk
Loans applied for every member together and sent for approval.
- Step 3
Disburse & print
Disbursement posts to the books; DPN and loan cards printed.
- Step 4
Weekly meeting
The collection sheet for the date is ready on the officer's phone; the centre is posted in one go.
- Step 5
Track & renew
Demand, OD and outstanding by centre and RO; closed groups ready for the next cycle.
Every centre, every officer, every week
JLG portfolios grow centre by centre. NexMFI keeps branch managers ahead of them.
- RO transfer - move centres between relationship officers without losing history.
- Member transfer - move a member to another group.
- Business report by RO - disbursement, collection and outstanding per officer.
- Before-meeting alerts - notifications to officers ahead of meeting time.
JLG loan software - questions
What is JLG loan software?
JLG loan software manages joint liability group lending: borrowers form small groups that guarantee each other, groups meet at a centre on a fixed day, and instalments are collected from the whole group at the meeting. It keeps the groups and centres, creates loans for the group, prepares the collection sheet for every meeting and tracks each member's dues and overdue. NexMFI by Qubha Infotech provides this as part of its microfinance software.
Can NexMFI create loans for a whole group at once?
Yes. The group loan desk creates and processes loans for all members of a group together, through the same apply, approve and disburse steps as individual loans.
What does the centre collection sheet show?
For the meeting date it lists every member of the group with the instalment due and any earlier unpaid dues. The field officer marks each member as paid, part-paid or unpaid and posts the whole centre in one step; the sheet can be printed or shared as PDF.
Can the group pay by UPI?
Yes. NexMFI can create a UPI QR code or payment link for a whole group or an individual loan through Cashfree, and payments are reconciled automatically.
Can centres move from one field officer to another?
Yes. RO transfer moves groups from one relationship officer to another, and members can be moved between groups, with history kept.
See a centre meeting run in NexMFI
A 30-minute demo: form a group, disburse its loans, and post a weekly collection sheet end to end.