Top 5 Loan Software in Nigeria



Loanbook is a simple lending system targeting simple lenders, provides essential loan portfolio management tools.Some of industry served by Loanbook includes:

  • Micro finance Industry
  • Payday Lenders
  • Peer-to-peer Lenders
  • Individual Lenders
  • Personal Loan Calculator.

Features include

  • Loan Origination
  • Loan Disbursement
  • Loan Servicing
  • Collection Management
  • Electronic payments (Paypal and Cards)

Reports and Analytics
Loanbook is a free opensource software available to users in Nigeria, India, Bangladesh, Nepal any any other English speaking country.

Loanbook is available as desktop application for Windows and Linux and Web based version as well.

Loanbook is likely the best simple loan application you can get.

Download Loanbook for free or set up your online account at



Asusu set out to digitize cooperatives in Nigeria.

Asusu provides simple member management tools including member registration, savings management, loan management, sms and email notifications.

Asusu is web based software available on monthly subscription starting from N3000 per month.


Touchcore Loanpro


Touchcore have a product called Loanpro.

Loanpro is a complete loan management software managing entire loan lifecyle.

Popular features include: 

  • Loan dashboard
  • Manage customers
  • Manage loans
  • Manage disbursements
  • Manage repayments
  • Reports management
  • Staff management
  • Manage settings

Read more:



A complete core banking system available in the cloud.

It has any feature you may wish to have on your Loan Management System

  • Loan Applications
  • Loan Appraisal
  • Loan Approval
  • Loan Processing
  • Loan Disbursement
  • Loan Payments
  • Email and SMS notification
  • Client Mobile Apps
  • Field Officer Mobile Apps
  • Clients Online Banking

Other features in addition to Loan Management System are:

  • Savings and Deposits 
  • Accounting and Financial Reporting
  • Treasury and Banking
  • Client Management
  • Table Banking

Available from $25 per staff per monthRead more:

Websoftex  SHG Microfinance software

Websoftex SHG System

Mature old fashioned Microfinance Software that has been serving Loan Managers for ages.

Its a Windows based application with a web version

Some of the features include:


  • Add Loan Interest Type
  • View Loan Interest Type
  • View Loan Product
  • Add Document Category
  • Add Document List
  • Create Processing Fee
  • Loan Calculator
  • Create Loan Purpose
  • View Loan Purpose
  • Disburse Loan


  • Pending Loans For Approval
  • View Approved Loan Accounts
  • View Rejected Loan Accounts
  • View Collection Report
  • Customer Payment Details
  • Loan Balances
  • Disbursement Register

Read more:

Erick Kamau
Erick Kamau

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