Savings, loans, shares and regulatory reporting for MFIs and cooperatives
Request a demonstrationA microfinance institution runs on two things it cannot afford to get wrong: the member's balance and the loan book. When savings are kept in one ledger, loans in another and shares in a third, reconciliation becomes a monthly ordeal and the portfolio-at-risk figure is always a fortnight out of date.
Opes MicroFin holds savings, loans, shares and term deposits against one member record. Interest accrues on schedule, arrears are aged automatically, and the reports the regulator asks for are produced from the same data the branch works with daily.
Ordinary savings, term deposits and compulsory savings, with interest accrued on the basis and frequency each product defines.
Application, appraisal, approval workflow, disbursement, repayment schedule and recovery, with collateral and guarantors recorded.
Group loans with joint liability, meeting-day collections and per-member tracking inside the group balance.
Share subscriptions, transfers and dividends, with member equity kept distinct from savings as the statutes require.
PAR by ageing band, by loan officer, by product and by branch, calculated daily rather than assembled at month end.
Prudential and statistical returns produced in the structure COBAC supervision expects, from live data.
Microfinance institutions, COOPEC and MC2 cooperatives, credit unions, savings and loan associations, and NGO lending programmes across Cameroon and the CEMAC region.
Identity, KYC documents, photograph and next of kin captured. Shares are subscribed and the member account opens.
Deposits and withdrawals at the counter, by Mobile Money or by field collection, each posted to the member's balance immediately.
Application captured with collateral and guarantors, appraised against savings history, and routed through the approval levels you set.
Funds released with a schedule. Repayments post against principal and interest, and arrears age automatically from the first missed day.
Daily trial balance, portfolio at risk, loan officer performance and regulatory returns generated from the same ledger.
It produces the prudential and statistical reports in the structure supervision expects, from live ledger data. Where a return format changes, the report is adjusted rather than rebuilt.
Yes. Field collection works on a phone offline, issuing a receipt at the point of collection and syncing when the officer is back in coverage, which closes the gap where cash goes missing.
Yes. Members can deposit and repay over MTN MoMo and Orange Money, posted against the member account automatically rather than reconciled by hand.
Yes. Each branch works its own tills and portfolio while head office consolidates the balance sheet, portfolio at risk and liquidity position across the institution.
We will set it against your own workflow rather than a generic demonstration. Tell us how you operate and we will tailor it.
Book a demonstration