Summarised Portfolio at Risk Report

Initially, three separate reports were anticipated based on client-provided data, each focusing on different aspects of the portfolio. However, to streamline insights, we combined all essential columns into a single, unified report with filtering options by Branch and Loan Officer. This approach enables more efficient and flexible data exploration. Steps to access the Summarised Portfolio…

Enhanced Flexibility in Loan Application for Interest Rate, Calculation Method, and Tenure Period

This feature allows customisation of loan applications. Admins are now able to edit/override the interest rate, Interest calculation method and Tenure period set in the Credit Product Policy (CPP) It applies to new loan applications only. The following are steps of the new implementation.

Loan Top-Up with Adjustable Outstanding Amount

Previous Implementation: When a loan was topped up with an additional amount, the loan application would enter a pending state with a new principal amount calculated as:(Outstanding principal + Additional amount). After approval, the previous loan status would update to “New” with the adjusted principal amount. The following are steps of the new implementation.

Enhanced Quick Loan Visibility and Application Process

Now we have easy access to quick loan through a very visible section in the Wakandi Member App. By just a click of a button(s), and you’re good to go. The SACCOs/MFIs have to choose eligibility filters for their members to be able to experience this improved feature. Below are the steps you can follow…