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Group lending

Group lending management that keeps every member and share straight

For whoever runs the groups — split a group loan across members, collect on meeting day, and track joint liability without a notebook or a spreadsheet that never quite adds up.

When the notebook stops adding up

It’s meeting day. You’re sat with the group, a notebook on your knee, trying to remember whether Daniel paid last cycle and what his share of the loan even is. One member’s left and another’s joined since you last wrote it down. By the time you’ve collected, you’ve a page of figures to re-enter back at the office — and you still couldn’t say, off the top of your head, what the group as a whole now owes.

Where it breaks

Why managing groups by hand stops scaling

A few groups fit in a notebook. Thirty don’t. The shares stop adding up, the rosters drift out of date, and meeting day turns into an exercise in re-typing what you already wrote down once.

1

You can’t say for certain who is in a group right now.

Every group has a live roster — members, the chair and treasurer, who joined and who left. You open the group and see exactly who is in it today, not who was in it when the notebook was last updated.

2

One loan, ten members, and the split lives in a spreadsheet you dread.

A group loan is held as one loan with each member’s share tracked underneath it. You see the group balance and every individual share side by side, and they always add up — no formula to babysit.

3

Meeting day is a scramble — collect from everyone, then reconcile by hand.

Take the whole group’s repayments on meeting day in one sitting, mark who paid what, and the balances update as you go. You leave the meeting reconciled instead of carrying a page of figures back to re-enter.

4

A member defaults and nobody is sure what the group now owes.

Joint liability is tracked openly — when a member falls short, you can see the group’s shared obligation and who is backing whom, so the guarantee is something you can act on, not a vague promise.

5

You need the group picture and the member picture, and have neither cleanly.

Report by group or drill into any single member without re-tallying. Performance, arrears and contributions are there at both levels, so a committee question never turns into an evening of adding up.

One group loan, every share in view

Tujenge Women’s Group · 5 members

4 / 5

paid this cycle

  • AAmara N.ChairPaid
  • JJoseph K.TreasurerPaid
  • GGrace M.MemberPaid
  • DDaniel O.MemberPending
  • EEsther W.MemberPaid

Illustrative group — your real rosters, shares and meeting-day status update live.

How it works

How Lendbox manages group lending

Group lending software holds a group loan as one loan while tracking each member’s share, roster and joint liability — so the figures always reconcile and meeting day stops being a scramble. Not a feature list — the four things that hold a group, its members and their shared loan together.

Group & member registry

Every group as a living record — its members, their roles, and who joined or left and when. The roster you act on is the one on the screen, not a notebook that is always a meeting behind.

  • Members, chair and treasurer held against each group
  • Join and leave history, so the roster is always current
  • KYC and contact details on every member
  • See a member across every group they belong to

Group loans with member shares

Hold a group loan as one loan while tracking each member’s share underneath it — so the group balance and the individual shares always reconcile to the same number.

  • One group loan, each member’s share tracked under it
  • Group balance and member shares that always add up
  • Per-member schedules within the group loan

Meeting-day collections

Capture the whole group’s repayments in one sitting and mark who paid what. Balances and arrears update as you record them, so you reconcile in the room instead of back at the office.

  • Record a group’s repayments in a single pass
  • Mark each member’s payment and any shortfall
  • Balances update live — reconciled before you leave

Joint-liability tracking

Make the shared guarantee something you can see and act on — when a member falls short, the group’s joint obligation and who is covering it are right there on the loan.

  • Shared group guarantee held against the loan
  • See the group’s exposure when a member defaults
  • Who is backing whom, recorded not assumed

Proof

We were running hundreds of groups out of notebooks, and the member shares never quite tied back to the group loan. Now every group has a live roster, the shares reconcile on their own, and meeting-day collections are done before we leave the room — we took on more groups without taking on more chaos.
Esther Achieng, Field Operations Manager, Tujenge Group Fund·Joint-liability microlender · 300+ lending groups
300+
groups in one view
Same-day
meeting collections
1 roster
per group, always current

Questions lenders ask about group lending

What is group lending software?
Group lending software is a tool that holds a group loan as one loan while tracking each member’s individual share, the group roster, meeting-day collections and joint liability — so the shares always reconcile to the group balance. Lendbox runs the whole group from a live roster, so you collect on meeting day and leave the room reconciled.
How does Lendbox handle a loan shared across a group?
Lendbox holds a group loan as a single loan with each member’s share tracked underneath it. You see the group’s total balance and every individual share at the same time, and they always reconcile to the same figure — so you are not maintaining a separate spreadsheet to work out who owes what within the group.
Can we collect repayments from a whole group at once?
Yes. Lendbox meeting-day collections capture the group’s repayments in one pass — mark who paid what and note any shortfall, and the balances and arrears update as you record them. You reconcile in the room rather than carrying a page of figures back to re-enter at the office.
How are members who join or leave a group handled?
Lendbox keeps a live group roster with a join-and-leave history, so the members you see are the members in the group today — not who was in it when a notebook was last updated. A member can belong to more than one group, and you can see them across every group at once.
Does it track joint liability when a member defaults?
Yes. Lendbox tracks joint liability — the shared group guarantee is held against the loan, so when a member falls short you can see the group’s obligation and who is backing whom. The guarantee becomes something you can act on rather than a vague understanding nobody has written down.
Can I report at both the group and the individual member level?
Yes. Lendbox lets you report by group and member — see a whole group’s performance, arrears and contributions, then drill into any single member without re-tallying anything. Both views come from the same records, so a committee question doesn’t turn into an evening of adding figures up by hand.
Can the same borrower be an individual client and a group member?
Yes. In Lendbox, the same person can hold individual loans and be a group member under one record. You get a complete picture of that borrower — their personal loans and their group shares — without keeping them in two separate systems.

Run your groups without the notebook

Start a free trial of Lendbox and put your groups, members and shared loans in one place — reconciled on meeting day, not after it.

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