- A group based product
- The size of the group shall be a minimum of 3 members and a maximum of 6 members who are engaged in any economic activity
- The group shall be managed by its own executives elected by the members themselves.
- The group shall undergo a period of Ten (10)days of training sessions on group management ,how to manage business, credit management and repayment, conflict resolution etc.
- Group members shall make daily deposit during the training session
- The group shall be registered with members filling a membership registration form on which they will indicate their name income generating activities and loan amount requested.
- The group is formally inaugurated after the tenth day training session and first loan disbursed to members to commence the First loan cycles
- The repayment to the loan shall be on daily basis
- All members are jointly & severally liable (Both Solidarity Group &Credit saving Association)