SACCO financial management system
Loan officers were tracking applications in one place, schedules in spreadsheets and arrears from memory. Interest was calculated by hand at month-end, and every report took days.
We built a single system for the full loan lifecycle: application, appraisal, approval, disbursement, repayment and arrears — with interest and schedules calculated automatically and posted to the ledger.
- Sector
- SACCO / microfinance
- Scope
- Loan products, interest engine, repayment schedules, arrears ageing, member statements
- Result
- One controlled record per loan; month-end interest runs in minutes instead of days