For Chamas that do internal lending, Chamasoft provides a platform for managing these loans.
You can be able to:
- Create loan products for your members based on various parameters i.e member savings.
- Approve or decline member loan applications.
- Autodisburse loans to members on approval.
- Track loan performance and repayments schedules.
Members are also able to:
- Apply for loans.
- Track loan application status.
- Make loan repayments.
- Track and view loan performance(fines, repayments).
- View loan amortization.
- Generate loan statements.