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lenders

Sakoly Software provides you with smart effortless functionality enabling you to concentrate on other areas of your business operations. It offers Lenders high quality clients for micro lenders products. Large pool of clients allow offering of discounted premiums. Start lending now – all you need is the money to lend – Sakoly provides the borrowers and technology to manage them.

Lenders including SACCOs, Microfinance Institutions, MFIs, Welfare Groups, Banks, Community Banks, Credit Unions, Lending Companies, and Chamas have a new digital platform to serve their existing clients and members conveniently, timely and cost effectively. Lenders have also utilized Sakoly to expand their reach and lend to a wider pool of high quality borrowers specially appraised by a world class innovative technology. Sakoly can be simply described as an aggregate credit scoring generated from an individual’s financial history and social data. Rich and consistent data on an individual leads to higher score.

Lenders have access to a feature rich platform that has some of the following features:

• Rich Client Registration module for the best KYC
• Loan Origination and appraisal and disbursement system linked to the marketplace
• Easy payment modules – integrated with mobile money, banks, cards
• CRM system to manage your clients and leads.
• Full fledge accounting system and financial reporting
• Rich reporting and business analytic tools
• Full Human Resource and Payroll System to manage your human capital
• Fixed Deposit Management system to offer fixed deposit products
• Savings and Interest Accruing Savings product management system to offer saving accounts
• Shares Management System – to offer shares, transfer shares and manage issued shares to the public
• Open API to readily extend system functionality or customize to fit your custom need.

Why Financial Partners love Sakoly

• Sakoly is SACCO’s lifeline – are able to attract and retain members who were lost as result of bureaucracies and inconveniences in loan appraisal and disbursement
• Saccos and cooperatives are now able to strictly enforce their bylaws and constitution in regard to disbursement and loan appraisal
• At last they can now compete with quick credit facilities who have been taking away their business.
• Reduced cost per shilling /dollar lend
• Reduced risk despite growth of portfolio
• Faster Return of Investment.
• Access to more funding due to reduced risk and transparency in lending.
• Microfinance, MFIs and banks have access to larger pool of high quality borrowers
• Rich and insightful business analytics and reports from Sakoly platform.­
• Sakoly is still the best SACCO information management system
• Sakoly is still the best Microfinance Management Software System
• Sakoly is still the best financial accounting system for a financial institution
• Other have called Sakoly SACCO ERP, Microfinance ERP, Chama software, Cooperative ERP, Lending ERP as a proof on Sakoly unmatched capacity to manage information in financial institutions

Conclusion

Lenders has changed forever, the way Insurance Companies do business and the way customers look at loan procurement. Insurance Companies can implement a fully-digital loan origination process using the latest innovations offered by Sakoly. Easy application submission, quick approvals due to auto decisioning, compliant lending processes, and the ability to continually improve process efficiency are a must for a great lending platform. We, at sakoly have packaged the latest features on our lenders which makes it a desirable product to have, if you are in the business of lending. Please visit us on sakoly.com for more information and we will be happy to welcome you on board or customize a lending solution to meet your needs.

However, if you ever find any issue, need help, or just want to say hi, feel free to send us at email at info@sakoly.com — We will be happy to help you.