Octrad Micro-Finance Solutions

The Octrad Micro-Finance Solutions system is designed to provide administrative, accounting, reporting and most importantly the delivery and collection process for micro-finance and micro-savings to SACCOs and MFIs.

It is supplied as a ready made and outsourced activity, enabling them to concentrate and focus on marketing and monitoring timely repayments for maximum efficiency.

The system will dramatically reduce the costs of administration which could be passed on to enhance the value proposition to the customer and profitability. At the same time it will provide up to date management information to the top administrators for control on the loan book.

• Issue of  SACCO/MFI branded cards
• Direct debit repayment facility
• Easy delivery of microfinance through load of card
• Elimination manual accounting and clerical work
• Facility to alter card variables depending on customer
• Reporting and management information
• No cash handling or security issues