Micro Savings and Lending

mLoan and mSaving from Modefin is a scalable, flexible and robust solution that automates all bank, SACCO and mobile wallet operations encompassing savings and small-value lending services. It is a customizable and module-driven solution that helps to offer micro-level financial services to individuals or groups with less income or limited resources.

mSaving, a mobile-based solution enables banks, SACCOs, or mobile wallet operators to attract the unbanked or underbanked population to open a savings account and earn interest from it.

mLoan is a mobile-based small value lending solution that allows banks, SACCOs or mobile wallet operators to lend money to its mobile money customers based on the credit score limits. This solution effectively manages the overall loan lifecycle management cycle and is powered by an effective accounting module and a comprehensive reporting system.

Features

Advanced Interest Calculator

Customized interest calculating engine to suit the needs of the mSaving and mLoan accounts

Distribution & Logistics Management

Lower costs and boost productivity through effective distribution and logistics management module.

Reminder Alerts

Customizable alert notification module which initiates automated notifications to borrowers periodically as preferred by the clients.

Credit Scoring

A complete and customizable credit scoring module allows for the processing of loan applications in real-time. It helps to fine-tune your credit risk decisions with access to relevant data that provides a 360-degree view of the customer.

Recovery & Payment

The solution offers a single window to monitor the entire loan recovery & payment process. It helps to simplify operations, deliver real-time data to the field agents and monitor the payment process.

Fees & Commission

Customizable and automated fees & commission module which analyzes the risk involved and calculates the loan processing fees and commission.

AI-Powered Decision Making Engine

The solution leverages the AI-powered decision-making engine to assess the creditworthiness of a customer. It improves the efficiency of the credit decision process and helps to make quick and fair lending decisions.

Benefits

Gain an advantage over your competitors through the deployment of value-added services.

Helps to achieve operational efficiency through workflow automation.

Delivers data in real-time to assess the lending and recovery process.

It helps to deliver excellent customer service.

Improves and streamlines the entire loan management cycle.

Make quick, accurate and reliable credit risk decisions.

Accelerating the digital transformation of banks with intelligent & innovative digital banking solutions

Modefin offers a suite of ready-to-market digital financial products tailored to meet the needs of the banks and financial service providers and helping them to accelerate digital adoption.

REQUEST DEMO

Modefin Clients

The meaning and depth of any business are valued considering the customers it has garnered. We at Modefin are grateful to our customers and clients whose patronage has helped us build on our efforts to succeed and give our best. These are the very persons, institutions and industries who vouch for our efforts and acclaim the reliability of our solutions. Our customer experience goals gain value when we receive affirmation of our efforts.