For money lenders and microfinance companies. Borrowers, loans, repayments and collections in one system, on a phone or a computer, with every payment matched to an instalment. Phone numbers, ID cards and money follow your country.
Black Friday founding offer: the first five lenders get the Standard plan for K450 a month, fixed for 12 months, and we type in your loan book for you.
From the first borrower to the last report. Real screens on an ordinary Android phone, with a sample lender's records.
7:58 · Before the office opens
Loans waiting for approval, promises to pay that fall due, what has come in, how much is late, and the calls to make, most overdue first.
8:40 · A borrower walks in
The ID number is checked as it is typed, so the same person can't be registered twice under a new name. Documents are photographed with the phone's camera.
9:05 · Writing the loan
Choose the borrower, the product and the amount. Interest, fees, every instalment and whether they can afford it are worked out on the spot, the same way every time.
9:30 · A manager decides
The manager sees the loan straight away, with the affordability result and the officer's reason, and approves or declines it in one tap.
11:15 · Money comes in
Cash, mobile money, bank or payroll. The money goes against the oldest instalment first, the balance updates, and a numbered receipt is ready.
13:40 · After lunch
Every late loan, grouped 1–30, 31–60, 61–90 and over 90 days, with who is following it up and any promise to pay.
14:25 · Out in the field
Each collector signs in to their own list for the day and records the result of every call or visit in one tap.
16:00 · Reminders go out
A text a few days before each instalment, on the day it is due, when it is overdue, and after every payment with the new balance. You choose which go out.
17:30 · Closing the day
What was lent, what came in, the collection rate and the portfolio at risk, for any dates, by product and by loan officer.
The same system in any browser: wider tables, the side menu, and search by name, phone, ID or loan number from anywhere.
The same arithmetic the system uses for every quote: flat or reducing balance, any frequency, to the last cent.
Each lender gets its own copy, set to its country. Phone numbers are checked the way your networks write them, the borrower's ID card is the one your country issues, and money is in your currency.
Two minutes, recorded on an ordinary Android phone with a sample lender's records.
Plans differ only in how many staff sign in and how many loans are being repaid. Change plan whenever you need to.
Prices for Zambia, in kwacha.
| Plan | A month | Staff | Loans being repaid |
|---|---|---|---|
| StarterOne office getting off paper and spreadsheets | K950 | 3 | 300 |
| StandardA growing lender with loan officers and collectors | K1,800 | 10 | 1,500 |
| BusinessSeveral branches, any number of staff and loans | K3,500 | Any | Any |
K2,500 once
Your products, staff and logo, your loan book typed in, and training for your team.K0.40 each
Reminders and receipts to borrowers, bought as credit when you need it.K45,000 once
Your web address, no monthly fee. Updates and support K9,000 a year if you want them.Each lender gets its own copy of the system and its own database, so no other lender's records are ever in it. Your records are backed up every night. Staff only see what their role allows, and every change is logged with who made it and when; that log can't be edited or deleted.
Yes. Your copy is set to your country: phone numbers, the national ID card, currency, time zone and regions follow it, and you pay us in US dollars. Text messages go through a provider in your country, which we connect for you.
No. Any smartphone with a browser works, Android or iPhone. A computer works too, and shows more on one screen.
Yes. You set up your own loan products: flat or reducing-balance interest or a fixed fee, the rate, processing and insurance fees, penalties after grace days, minimum and maximum amounts and terms, and daily, weekly, fortnightly or monthly instalments.
Yes, it runs online, so staff need mobile data or Wi-Fi. Pages are light, and photos are made smaller on the phone before they are sent.
After the paid-up date and seven days' grace, the system turns read-only. Nothing is deleted: every borrower, loan, receipt and report can still be seen and printed. It works again the moment you renew.
Yes. We install it on your server under your own web address for a one-off fee. It never locks; updates and support are yearly if you want them.
Spindle Software, a software development company in Kitwe, Zambia, which also makes EduTrack for schools and Horizon Shop Tracker for shops. We set it up, train your staff, and answer the phone when you call. More at spindlesoftware.com.
Call or send a WhatsApp message. We'll show you the system on a phone and answer your questions.
