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)