System Features

Client Management (KYC)

  • Online and automated client self-registration using Short Code, USSD and App
    • First Name
    • Middle Name
    • Last Name
    • National ID Number
    • Gender
    • DOB
    • Marital Status
    • Address details
    • Next of Kin details
    • Business Details (Business Type, Description, Date of launch, Business Address)
    • Business Details (Retail / Wholesale, Date started trading at location)
    • Phone Number
    • Email Address
    • Loan Officer
    • Branch
    • Group

Group Management

  • manage your clients who are in groups either Table Banking, Chama & women groups who can either save & borrow as a group or individuals in a group through co-guarantee mechanism
    • Group Name
    • Address
    • Officer
    • Branch
    • Registration Number
    • System configurable custom fields

Credit Products

You will customize Loan products to fit the different requirements of your company. The following key parameters:

  • Name & Description
  • Fund Source
  • Currency
  • Min / Max Loan Size
  • Minimum/Maximum Interest Rate
  • Interest Rate type – Flat/Reducing
  • Amortization Type
  • Configurable Charges
  • Loan Terms (min, max & default)
  • Repayment Frequency (daily, weekly, fortnightly, monthly)
  • Grace Periods (on interest, principal, & interest charged)
  • Add charges and penalties automatically

Guarantor and collateral management

Savings Products

Savings products can be extensively customized to fit the different requirements of your organization. Users can configure the following key parameters:

  • Name & Description
  • Voluntary or Compulsory
  • Auto-create (yes or no)
  • Currency
  • Interest rate
  • Compounding Period (Daily / Monthly)
  • Interest Posting Period Type (Monthly / Quarterly / Annual)
  • Min account opening balance
  • Overdrafts & Overdraft limits
  • Lock-in Periods
  • Fixed and recurring deposits

SMS/Email/shortcode - M-Pesa integration to SMS, CRB & Mobile payment integration

  • LoanSpur CBS has already integrated to several mobile payment gateways including Safaricom’s M-Pesa & Airtel Money in Kenya.
  • The system has also been integrated with CRB to manage credit scoring of new loan applicants.
  • The system can be integrated with Short Code or USSD to facilitate clients instant:
    • Automated Account registration/opening
    • Automated Loan application, processing and scoring
    • Airtime purchase
    • Balance inquiry
    • Client guarantee mechanism

LoanSpur Reporting

Real time reporting for LoanSpur is categorized as follows:

  • User Dashboard summary
  • Client reports
  • Group reports
  • Client Savings Reports
  • Loan Reports – Arrears Reports, Loan officer performance, Branch reports,
  • Accounting Reports- Balance Sheet, Trial Balance, Income Statement

Admin Module has extensively been developed to manage the following:

  • Manage your organization settings like users, user roles, branches, products, charges, audit trail, currency, payment modes etc
    • Create branches, centers, loan officers
    • User and their roles in the organization
    • Set maker checker roles
    • Products and product mixes
    • Customizable data tables
    • Loan provisioning criteria
    • SMS schedules
    • Audit Trails
    • Closing periods
    • Setting up Tellers and cash management

Mpesa Integration

        LoanSpur system has integrated with Safaricom.

  • Mpesa paybill for customers to make loan repayment direct to their accounts
  • Mpesa Bulk to enable MFI disburse loans instantly to clients through on Mpesa

Mobile App for Loan officers

  • LoanSpur CBS has enhanced an app for Field Officer to access client information and create new clients direct from their mobile phone.

Accounting module

Manage your accounting activities from one system with very robust financial statements.

Tell us about your business and requirements.
We would love to hear from you.
Send us an email at;

Need a Demo, please contact us.

Tel: +254 207 650 844

Fully compatible with all devices