What does JLGs mean? What is the full form of JLGs?
The full form of JLGs is Joint Liability Groups
A Joint Liability Group (JLG) is an informal group comprising of 4-10 individuals coming together for the purpose of availing bank loan on individual basis or through group mechanism against mutual guarantee. Generally, the members of a JLG would engage in a similar type of economic activity.
JLGS
means
Joint Liability Groups
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