We’ve fixed an issue where the Fee Status Report showed mismatched balances that didn’t align with the Income Statement when filtered by a specific date range. Now, your reports are accurate, consistent, and fully aligned—ensuring smooth reconciliation and reliable financial reporting. To make fee tracking even easier, we’ve also added a Loan Officer filter to…
We’ve enhanced the Summarized PAR Report by introducing a Date Filter and refining the Total Overdue field to ensure it accurately reflects overdue amounts—just like in the detailed PAR report. This update ensures consistent and reliable data, making your portfolio tracking more precise and insightful! Steps to access Summarized Portfolio At Risk Report To view…
We’ve implemented a single date picker across all types of Loan Aging Reports to ensure consistency in data reporting. Now, all reports reflect the same figures, enhancing accuracy and simplifying analysis. Steps on how to access the Loan Aging Reports 3. Click on the loan aging report of your choice then from there you will…
This feature allows for unblocking of Admin users —ensuring smooth access, recovery and uninterrupted system management. Say goodbye to lockouts and hello to better control. Steps on how to unblock an admin: 4. After clicking on the pen icon under User Details, you will see the Unblock button only if the admin is currently blocked….
The system now automatically aligns loan repayment schedules with a group’s predefined meeting day during loan application, ensuring consistency and easier tracking of repayments. Steps on how to set the group’s meeting day 1. Click on Clients on the left-hand side.2. Search for the specific Group then edit.3. Click on the Group meeting day. 4….
The credit policy update increases the loan amount limit to 12 digits, allowing SACCOs and MFIs to offer loans up to one billion or more. This change enhances flexibility in loan structuring and enables these institutions to expand lending opportunities. Steps on how to set the loan limit 1. Click on Settings on the left-hand…
To enhance borrower flexibility and improve financial planning, we have introduced Bi-Weekly and Bi-Monthly repayment options under our Credit Product Policy. These new tenure options allow borrowers to choose a repayment schedule that aligns with their cash flow and financial commitments. New Repayment Options ✅ Bi-Weekly – Loan installments will be due every 2 weeks…
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…
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 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…