Loan management
Run the loan lifecycle for MFIs, SACCOs and cooperatives.
Overview
Loan management supports the full lending lifecycle — from loan products and applications through disbursement to repayment, interest and closure — with the member and savings records kept in the same system.
Loan products & applications
- Define loan products with interest method, term and eligibility.
- Capture applications against a member, with appraisal and approval workflow.
- Record security / collateral and guarantors where required.
Disbursement & repayment
- Disburse approved loans, including via mobile money.
- Generate repayment schedules and track instalments due, paid and outstanding.
- Match repayments automatically, including mobile-money collections.
Interest, penalties & reporting
- Accrue interest and apply penalties on overdue instalments.
- Track arrears and provisioning.
- Report on the portfolio for management, the board and regulators.
See this in Tatrol, on your own data.
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