Groups are collections of clients who apply for loans together. Group members typically provide mutual support and accountability, often meeting regularly to manage their loans collectively.
After creating a group, it needs to be activated before it can apply for loans. You can add clients to the group at any time to expand membership. Groups can have meeting schedules attached to organize regular gatherings and track attendance.
Groups can apply for GLIM loans, where the group takes a loan collectively but each member's portion is tracked individually. Similarly, groups can create GSIM savings accounts, where each member has their own savings account linked under a group structure. Both features combine group accountability with individual monitoring.