Project Overview
A full-cycle microfinance management platform built for BFS Microfinance Ltd, covering loan origination, credit scoring, disbursement, repayment scheduling, arrears management, and regulatory reporting. The system handles individual and group lending products.
The Challenge
Manual loan processing relied on paper files and spreadsheets shared across branches. Credit assessments lacked consistency, disbursements were delayed, and tracking repayments across a growing portfolio created serious reconciliation challenges. Regulatory reports required days of manual compilation.
Our Solution
ASL built a web-based Microfinance Management System covering the complete loan lifecycle: client onboarding with KYC verification, loan application and approval workflow, disbursement management, automated repayment schedules, SMS reminders to borrowers, arrears flagging, and one-click regulatory report generation. The platform integrated with mobile money for disbursements and collections.
Results Achieved
Loan processing time reduced by 75%. Portfolio at Risk (PAR) visibility improved from monthly to real-time. Regulatory reports now generated in under 10 minutes. Branch-level performance dashboards created accountability across all locations.