What is SHG Software?
SHG software supports lending workflows for Self Help Groups, including group-linked loan origination and servicing.
See common questions
Finsta product guide
SHG Software: Support Group-Based Lending Workflows
Finsta's SHG Software supports group-based loan origination and servicing workflows for lending institutions working with Self Help Groups. It connects SHG-linked applications and active loans with Finsta's origination and loan-management modules.
Product-specific rulesConnected loan lifecycleAudit-ready records
Selected institutions using Finsta
What Does SHG Software Actually Do?
SHG lending involves a group context that is different from individual lending. Finsta focuses on the connected external loan origination and servicing workflow for SHG-linked lending.
Core functions of SHG software:
- Internal group loan issuance and repayment tracking
Clear comparison
How Is SHG Software Different from JLG Loan Software?
Both are group-based rural lending models, but they work differently.
| Factor | SHG Software | JLG Loan Software |
|---|---|---|
| Lending source | Internal group corpus, then external linkage credit | External lender directly to each member |
Finsta's Loan Origination System and Loan Management System support SHG-linked external lending from application processing through servicing.
Business need
Why Do Lenders and SHG Federations Need Dedicated Software?
Managing SHG-linked external lending across many groups can involve disconnected applications, loan records and repayment information. A connected origination and servicing workflow helps keep loan information together.
| Without SHG Software | With Finsta's SHG Software |
|---|---|
| Limited visibility across many groups | Consolidated reporting across all SHGs |
Connected workflow
How Does Finsta's SHG Software Work?
Group Setup
Group and borrower details are captured for the SHG-linked lending workflow.
Loan Origination
Members borrow from the group corpus, with repayment tracked at the individual and group level.
Linkage Credit
Once eligible, the group accesses external credit through the Loan Origination System, based on its savings and repayment history.
Servicing & Reporting
Approved SHG-linked loans are serviced through the Loan Management System.
Why Finsta
What Makes Finsta the Right SHG Management System?
- Consolidated reporting across large numbers of SHGs in one view
- Works alongside Finsta's broader lending platform for external linkage credit
Who it is for
Which Types of Organizations Use Finsta's SHG Software?
Credit cooperative societies, MACS, and NBFCs supporting SHG federations or linkage lending programs. See also JLG Loan Software for direct group lending, or the full range on our NBFC Software page.
Connected platform
Part of a Complete Lending Platform
SHG software works alongside Finsta's Loan Origination System and Loan Management System for external linkage credit. See the NBFC Software page for the complete suite.
Next step
Ready to Digitize Your SHG Operations?
supports SHG-linked loan origination and servicing in one connected platform.
Frequently asked questions
Frequently Asked Questions
Clear answers to common questions about this Finsta solution, its workflows and where it fits in the lending lifecycle.
SHG software supports group-based external lending workflows for Self Help Groups, connecting loan origination and servicing activities within the lending platform.
SHG and JLG lending follow different group and liability structures. Finsta supports connected loan origination and servicing workflows for supported group-lending use cases.
External credit to an SHG can be processed through the lender's connected loan origination and servicing workflow.
Next step
See SHG Software in Finsta
Book a guided demo based on your institution type, branches, lending products and required modules.