Issuing a few loans here and there is easy however, when you have hundreds of loans for disbursement and tracking repayment plans manually with a paper, pen and calculator you might accidently increase or reduce someone loan. You might not be in the paper, pen and calculator category but if you are using systems not designed for loans , you are not safe either .
Mfuko plus financial management software has a special loan management feature that simplifies loan general management supporting various loan products as offered by microfinance institutions , saccos and money lending companies. It simplifies interest calculation , repayment plans, offers notifications to members about their payments, generates detailed financial reports among others .
Mfuko plus financial software has other great features for operating several financial institutions or groups like saccos, savings groups, investment clubs , money lending companies among others. To request for a demo click here
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