A Group Column with filters has been added to reports, making it easier to sort and analyze data by group.This enhancement improves reports customization and usability. Reports with group columns and filters are listed below. Steps on how to acces the above reports.1. Click on Reports. Under Reports, click on Loan. The reports with the…
This feature introduces a mandatory review process to ensure that no single user can independently initiate, approve, or complete significant transactions or changes. Workflow and Approval Levels: Importance of Maker checker1. Enhanced Transactional Control.2. Improved Accuracy and Oversight.3. Clear Role Definition and Accountability.4. Strengthened Compliance and Audit Trails. Steps to set maker checker for teller…
This feature update introduces enhanced security and accessibility for USSD services by allowing users to create or reset their PINs. Here’s a summary of the key aspects: These updates significantly enhance the overall security of USSD access while providing a more accessible and streamlined process for users. To create or reset the PIN, the user…
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…
The “Maker Checker” is responsible for creating and initiating data capture or editing, while the “checker” is responsible for verifying and approving these transactions. This separation ensures that at least two individuals are involved in updating member details. This ensures that security and accuracy are enhanced; a new approval workflow has been introduced, and the steps…
A member can pay more than the due amount but less than the total outstanding balance. This feature gives members greater flexibility in managing their loan payments. Procedure A member equally is able to enjoy this feature on their member app. On the member app, open the loan you would wish to make partial repayment…
Integration of Mpesa with our Wakandi Business Account (WBA) platform is now complete. This enables financial institutions admins to top up their WBA using the STK push feature easily. This integration simplifies the process, making it more convenient and efficient to manage your account. Key Features: Follow the below steps to top up WBA successfully…
The system supports calculating loan penalties based on various time intervals giving the financial institutions a wide range of options which are listed below The admin is required to edit and approve the Credit Product Policy (CPP) and approve it to ensure the feature applies Here is How
Fees vary from one financial institution to another. They range from Registration fees, management fees, Insurance fees etc. Some fee amounts could be high for a member to make lumpsum payment. This feature allows members to pay the fees in manageable fees overtime. Once a member logs in their member app, below are the steps…
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…