In this video series-1, Kabir Kumar Microfinance Analyst, CGAP, discusses the main lending technology used by MFIs in India - the Joint Liability Group model. Using one of the largest Indian MFIs Spandana as an example, MicroSave explains how this model works and why Indian MFIs have been so successful with it. In this episode, MicroSave shows how a group is formed and also focuses on the role of a field officer. The group formation is the first and fundamental requirement of the Joint Liability Group Model.