Key nine SASRA reports have been deployed to enable compliance and streamline reporting for financial groups in Kenya.
The reports can be activated on the feature function for the SASRA regulated Non-WDT financial groups.
Below is a sample report and it provides for the signature
In our continuous effort to enhance transparency and accountability in our system, we are excited to introduce a new feature: the Loans Written-Off Report. This comprehensive report provides a detailed overview of all loans that have been written off, offering valuable insights for admins. Below are the key components of this new report: Key Components…
The deductible disbursement fee feature for Quick Loans has been introduced to allow the system to automatically calculate and deduct the disbursement fee, ensuring that loans are disbursed minus the fee amount. This fee functions as an upfront interest, ensuring seamless processing and accurate loan disbursements. Steps on how to set the quick loan disbursement…
Overview The enhancement to Auto Debit functionality, now enables the separate payment of registration and subscription fees through Auto Debit. This update streamlines the payment process, making it more convenient for members while ensuring timely fee collection for financial institutions. Key Changes Enhanced Auto Debit Capabilities: Membership Policy Configuration:
COUNTRY USSD CODES KENYA *789*103# UGANDA *185*7*3*3# TANZANIA *149 * 46 * 19# Each country has its own USSD as indicated above. To apply for a quick loan, a member is required to set a Pin. The OTP is sent to the member by the Admin as indicated below. Once the member has set and…
The Collection Sheet is designed to streamline and enhance the collections process by providing detailed financial data and flexible options for organizing transactions. It supports greater accuracy and operational efficiency by allowing users to input exact amounts and assign transactions to specific groups.This update enhances usability and streamlines group transactions. Key Features:
This feature allows eligible members to apply for and receive loans instantly, providing fast and convenient access to funds. The admin can amend an existing loan policy to a quick loan or set up an entirely new loan with a chosen name. Popular names are Mobile loan, Instant loan, Chap chap among others. The convenience…