Jisort referral program is an exercise that seeks to reward clients and good people that refer users to Jisort. How The Referral Program Works Refer some to Jisort Jisort provide the service or the solution Client referred pays for the…
Probably you have heard about websites and you think it’s a good idea to have a website. Especially for large businesses and some other kinds of businesses such as schools, online shops, web hosting businesses, car dealers, hotels, and such…
The name SACCOS is an acronym for Savings and Credit Cooperative Society. It brings people with common interests together, such as farmers, churches, employees, etc, for the purposes of savings. With the savings members are able to take up loan…
The employee Sacco sector in the Kenyan corporate has been in existence for some time now. These aim at taking care of the employee’s welfare by providing financial support. In these Saccos, employees have a friendly institution where they can…
The last few years have seen a change in how the financial industry operates in Kenya and beyond. More financial institutions are embracing the use of technology in their daily operations. The need to increase service speed, convenience among others,…
More groups of people are coming together to form cooperative societies and SACCOs. The main aim being financial inclusivity for all, especially the low and middle-income earners. The use of traditional management systems such as excel sheets may work to…
The history of SACCOs in Kenya is , without a doubt, rich. It dates back to the early 1900s. From small farmers’ groups, we now have well organized financial institutions all over country. Population growth and increased financial literacy levels…
Every credit institution aims at meeting the financial needs of all their customers with ease and stimulate business growth. To achieve efficiency, a good loan management system is needed. Challenges in the industry Cost control Poor loan recovery Weak institutional…
The use of loan management software is gradually gaining popularity among lenders and other financial institutions. Lending is allowing someone to borrow something often with an agreement that they would pay back within a specific time. It is a trade…
Member registration is a crucial process in every financial institution. It is a necessary process before the institution can offer its services to the members. Most memberships allow for individuals to register as entities. However, others require one to belong…
The financial industry continues to face challenges in the current pandemic. Things will definitely not be the same when it is over as institutions are embracing the use of technology for their operations. Lending institutions, therefore, need reliable loan management…
Cloud-based solutions continue to gain popularity among financial institutions, big and small such as banks, SACCOs and MFIs. Unlike the traditional manual or on premise systems, cloud- based solutions for financial institutions continue to prove more efficient over time. Why…