• Add Borrower’s details such as account details, amount to be borrowed, Loan type, etc.
• The system generates loan eligibility status of recipient.
• Enter information about at least two guarantors of loan recipient.
• The system also generates eligibility status of recipient’s guarantors.
• Record date of repayment and amount to repay.
• The System automatically generates the loan summary and records it.

• View the list of loans that have been recorded or applied for and their current status.
• Edit existing records such as updating collateral and attachments.
• Export records to Excel or paper format if required.

• Members can login to update their profile
• Create new loan application
• View status of loan application
• View savings and loan
• Make payment using their ATM cards
• Purchase product from the e-store
• Receive email and SMS notification

• Enter Personal details of members such as names, DOB, residential address etc.
• Upload passport photograph of member.
• Input their bank account details
• Select their referral from existing members
• Enter Details of Next of Kin
• Enter details of nominee

• Populate backlogs of past loans records before you migrated to this platform.
• Update existing loan and past loan records from paper onto this platform.
• Enter information about affected member.
• Pick the dates through which the loan repayment ran.
• Input the amount deposited per date agreed upon.
• The System automatically cumulates this data and updates the records accordingly for every date this transaction ran.

• Track and capture any abnormality in every loan transaction such as missed payments.
• You can edit records here as you deem fit.
• You can also export the records to excel or paper format if required.

• Select Member
• Select Monthly agreed fee
• Select Amount to be deposited.
• Select shared capital.

• Annual Financial
• Disposal of Surplus Funds
• Personal financial statement of members
• List of Balances
• Others
• Print your records as needed

• You can view missed payment records.
• You can record payment details of members such as date of payment, amount paid, type of payment and means of payment.
• You can also view detailed records of payments made by members.
• Verve wallet card for members

• Enter the interface for viewing member records.
• You can also select and view individual details of members
• You can export existing records to paper or print format.
• You can send SMS or Emails to members seamlessly through our interface.
• You also get to manage and monitor financial transactions between members and the organisation

A payment gateway is a merchant service provided by an application service provider that authorizes credit card or direct payments processing for e-businesses, online retailers, bricks and clicks, or traditional brick and mortar.
Proposed Payment Gateway and Aggregator:
REMITA WEBPAY: Remita is an Africa-focused integrated digital payments and commerce company that facilitates the electronic circulation of money as well as the exchange of value between individuals and organisations on a timely and consistent basis.
Remita payment gateway takes the hassle of accepting payments for you. It’s easy for members to pay cooperatives. Whether on a website or social media. With Remita cooperatives will be able to.

• Accepts all cards issued by any bank in Nigeria
• Accepts all MasterCard or Visa cards issued anywhere in the world
• Uses Chip & PIN method
• Pay by Account – Additional payment option to card
• Recurring payment via card – This is similar with direct debit mandate but through card
• And General card payment – This is for regular web payment using card for one-off transaction
• Daily email transaction alerts
• Online portal to view daily transactions
• Print receipts quickly and easily

The software will incorporate roles for Super Administrator, Administrator, Treasurer and User roles. The members of the cooperative can assume different roles in the system as assigned by the Supper Administrator based on the requirement in the RFP. The Super Administrator can create other roles and privileged and create page access according to roles.
The Super Administrator can provide Administrator privileges to other users or change the Super Administrator of the organization to another Administrator in the Organization.
Both Administrators and Super Administrators can do the following tasks:

• Create users / Groups
• Reset User Passwords
• Create and Assign page and access policies
• Add IP Restrictions
• Add / Remove members from Groups
• Manage users
• Enable / Disable services for users
• Moderate task and so on