MICROFINANCE SOFTWARE

MFI360 Web Express is a Microfinance solution designed on a web-based platform and mobile technology that is easy to learn and use in managing microfinance operations. The solution offers our clients scalability and implementation reprieve, especially in the management of several multi-braches or regions over the “cloud”. MFI360 is tailor-made for small and large microfinance(s) which are either deposit-taking or not. The software has other channels such as USSD, Mobile App that supports your business. It comes with a versatile structure that allows scalability to the highest level. It's customized for ALL MICRO FINANCES/Credit Organizations around the world i.e Africa Market; E.g. Kenya, Tanzania, Uganda, Rwanda and Burundi, Malawi, Somalia, South Sudan, Ghana, Ethiopia, Botswana; Europe, America , Asia and other markets that practice saving, and credit/lending organizations, etc

Ideal for

  • Large Sacco with front office and back office
  • Start-up/small to medium Sacco with back office, e.g. Sacco formed by individuals or employees
  • Non-WDT SACCO
  • Digital Lending through USSD
  • Matatu Saccos More.....
  • Credit/Lending Organisation
  • Small Chamas
  • Any other credit cooperative society
  • The following are the key features.key features

    Clients Management & Groups Management

    Client management" and "group management" are key features of microfinance software that facilitate efficient and organized administration of MFIs. These features are designed to help MFIs manage individual clients and groups of clients, enabling effective service delivery, financial transactions, and tracking of client interactions.Other Information include Next of KIN(s), Signature and Photos account types etc.

    Deposits

    Deposits is a software feature for managing, tracking, and recording member contributions in a SACCO. It ensures accurate financial records, enhances member relations, and streamlines operations. Softeye Solutions helps SACCOs optimize financial management and improve efficiency.

    Loan Management

    Loan management in microfinance software ensures efficient operations, risk management, and client satisfaction. It aids in default prevention with early warnings, supports recovery efforts, and enables tailored client solutions. The system tracks client profiles, communication, and repayment behavior, fostering responsible financial services for underserved communities.

    Accounting and Financial Reporting

    Sacco Accounting ensures accurate financial tracking, reporting, and analysis, helping SACCOs maintain financial health and comply with standards. It streamlines accounting processes for better financial management.

    Savings Management

    Savings management in microfinance software promotes financial inclusion, operational efficiency, and client empowerment. It enables underserved individuals to build savings and access formal financial systems while automating accurate interest calculations, ensuring transparency and regulatory compliance.

    Security and Data Protection

    Security and data protection are critical in microfinance software to safeguard sensitive financial data, prevent fraud, and ensure compliance. Robust measures protect clients, maintain operational integrity, and build trust with stakeholders while mitigating risks effectively.

    Payment Aggregation & API Calls

    This feature is crucial for integrating the Microfinance software with external payment gateways, allowing members to make payments online. It involves aggregating different payment methods and securely making API calls to process transactions that facilitates real-time digital payments e.g. cards, Mpesa, Paypal,Banks API,Other Third Party etc and other API calls

    Agency Banking

    Agency banking extends Sacco's services through third-party agents. The software enables agents to process deposits, withdrawals, and other transactions on behalf of the microfinance members while maintaining security and accountability. Supports organization-appointed agencies to assist in the provision of services to large clientele without physically visiting branches.

    About Us

    easy to customize

    We customize all our clients' needs to fit their business processes and to their satisfaction.

    24/7 Support & Help

    Quick support system

    Online and Offline Apps

    Easily accessible over the internet and Intranet

    BOSA & FOSA Software

    The software support both BOSA and FOSA operations

    Key Notes

    The sacco software is easy to deploy/implement and use:

    1. You don't have to invest in physical servers and other hardware accessories. For on-premises, you require a machine of i3/100GB SSD/ 4GB RAM or higher for the software to run effectively.
    2. We install and implement your Sacco through in-person interaction or remote interactions, thus we provide the service to any location around the world.
    3. Has other modules such as HR and procurement. However, can work with any other ERP.
    4. Supports several Saccos/entities within your organization, e.g., Housing, investment, etc.
    5. No physical installation on workstations. You only need a link to operate the software.
    6. Multi-user with unlimited users, including all members.
    7. Online support available 24/7 through Zoom, Skype, Teams, etc.
    8. Over 40K ACTIVE members using our platform.
    9. Our software is Sasra compliant.
    10. The pricing is based on the size of the organization since the requirements vary due to metrics such as the number of employees, extent of customization, data to be migrated, etc. Thus, it's an affordable & reliable solution for your organization. We provide ready-to-use software with no trials but an online version that a client may try "as is" without further customization.
    Newsletter

    Subscribe for our Newsletter