Mauritius has the right mix of resources/ conditions to power the growth of the FinTech industry. Furthermore, companies present offer solutions that aid financial institutions in their daily operations such as loan management. Among these companies are;
Jisort
Jisort Cloud System is a cloud based solution for financial institutions. Institutions such as Micro-Finance Institutions, Saccos, Credit Unions and Community Based Organizations have consequently benefitted from the system. The system digitizes the entire loan process from on boarding clients to loan repayment. It is one of the most affordable Loan Management Software in Mauritius.
Features that make Jisort system more preferable are;
- Integration with other platforms
- Member and product management
- Generation of reports
- Notifications too members
- Interest Calculation and payment schedules
Read more on; https://www.jisort.com/
Citius
The credit Management solution by Citius automates the entire life cycle of a loan – from application to collections. Some of the features include;
Individual, Corporate or Group Loans
- Application Management
- Application analysis and validation
- Credit Scoring
- Disbursement
- Under writing
- Limits, Interest, Charges & Fees
- Disbursement and Repayment Schedule
- Maintain Account Records
- Customer Statements
- Default Management
For more info check out http://www.citius.co/
Loanbook
Loanbook is a simple lending system targeting simple lenders, provides essential loan portfolio management tools. On top of it’s simplicity in use, the software has an easy sign up process and requires no technical support.
Some of the features present in Loanbook are;
- Loan Origination
- Disbursement of loans
- Loan Servicing
- Collection Management
- Electronic payments (Paypal and Cards)
- Reports and Analytic
For more info, visit https://loanbook.io
MoneyWare by Miles Soft
- Some of the features present are;
- Loan disbursements with multiple drawdowns
- Manages fees and penalties
- Interest tracking
- Interest and loan ageing
- Limit monitoring usage
Read more on: https://www.milessoft.com/collateral-based-lending-solution/
