The challenge
A lending business lives on accurate, up-to-date information: which applications are in progress, who has repaid and what is still outstanding. Getting that portfolio picture quickly is essential for follow-ups and daily reporting.
The solution
The institution uses the Hills Data microfinance system for lending and collections. Loan applications, repayments and outstanding balances are all managed in the same loan management software.
The results
The team organises loan applications, tracks repayments and monitors outstanding balances more effectively. Important portfolio information is available faster, which makes follow-ups and daily reporting much easier.
"The system has helped us organise loan applications, track repayments, and monitor outstanding balances more effectively. Our team can access important portfolio information faster, making follow-ups and daily reporting much easier."
Microfinance Institution Manager