The challenge for us
Manual loan calculation & payment schedule
Real Time status of Loan collection process
Digitalization of the Manual Financial Processes
Microfinance institutions provide financial services to low income population but the loan collection process have always been a challenge. the legacy system takes time and resources and has a comparatively high error rate.
The company’ client required an application that can support microfinance institutions and loan collection agents. they needed a robust and easy-to-use application to maintain the loan details for each customer.
Client partnered with fibonalabs to build an application that can ease the process of loan calculation and scheduling so that it can save time and improve productivity