The objective of digitalizing MFI/SACCOS operations through banking/loan management systems is to improve the convenience of services to final consumers i.e. members of SACCOS and clients to Microfinance. And to take care of the supporting functions of the institutions and leave it focused on strategizing and execution to improve the business of MFI/SACCOS
While core banking or loan management platforms help accountants and managers to simplify their works and sometimes make managers/accountants to be responsive to their respective member/clients, the benefit has not been fully translated to end-user consumer(s); due to many other operations still depending on availability of manager/accountant to perform them manually or physically.
Amala Team through Amala Business Center intends to bridge the gap, utilize scarce resources while improving conveniences, transparencies, accurate and timely dispatching of information to end-users of MFI/SACCOS services that is client/members. And ensuring the information
Level 1 Services
- Management of the software
- Loan request fulfillment
- Share request fulfillment
- Statement request fulfillment
- Loan eligibility processing
- Document and Archive Approvals
- Report extractions of any kind
- Financial Year Closing
- Process approved payments
- Approvals are retained by SACCOS/MFI
Level 2 Services
- All level 1 services
- Help Desk to your clients/members
No implementation costs, you just subscribe and start to us the service.
|Entry Fee – Paid onceFor new clients who want to use Amala Core Banking Platform||Microfinance – TZS 900,000SACCOS – TZS 1,900,000For client with more than 350 clients/members, will add TZS 100,000 for each 100 additional client/member|
|Partnership Fee* – Paid yearly or semi-annually get 5% discount when paid yearlyCovers: Access to the platform, Storage of Data, Security of Data, Dedicated person(s) to serve the client, Upgrade of the system, New configurations and modifications.*Minimum contract duration is 3 years||1 – 500: TZS 4,999 per client/member per year501 – 1000: TZS 3,999 per client/member per year more than 1001: Negotiable|
|Transaction Fee – Paid per transaction||1 Client entry – TZS 1,0001 Loan app – TZS 1,0001 /Saving/Share app – TZS 8001 Loan/Saving/Share/Charge transaction – TZS 5001 Manual entry – TZS 2,0001 Client Statement – TZS 1,0001 Report – TZS 2,000|
|Help Services Desk||As per an agreement between partners|
What is expected?
End-users i.e. clients and/or member(s) from MFI and/or SACCOS respectively should be able to request repetitive services online and be responded online, without having to visit MFI/SACCOS office(s). So that time is saved, satisfaction is increased, etc. an example of service is loan request, loan approval/rejection with reasons, approval by manager/committee, contract signing, etc.
Interested, please contact email@example.com for more information on how it works and how you can leverage this for the growth of your MFI and for excellent service for your SACCOS.
Terms and Conditions applied.