Functionality

Integrated Micro Finance Management System

Configurable Unlimited number of Savings Products fully integrated with Financial

Accounts such as Compulsory Savings, Voluntary Savings, Special Savings and

Other types of savings.

Parameterized Savings Product definition

Savings periodicity (weekly, Fortnightly/Bi-weekly, Monthly/Four-weekly)- Flexible Interest Rate

Interest calculation Method (Daily Product, Monthly Minimum Balance, and Monthly Last Balance Method)

Interest accrual on monthly / yearly basis.

Accrued interest application at the end of each year.

Options are available for irregular savings collection, Savings Refund, Savings Interest payment.

Information hierarchy