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evisa

Evisa Gjini

Chief Financial Officer, United Hospital

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Custom Loan Management Software Development for a Microfinance Company

loan

Overview

Our client is a growing Microfinance company that provides small loans to individuals and businesses that lack access to traditional banking services. With a strong presence in emerging markets, the company aims to offer quick, transparent, and flexible financing solutions. However, their existing loan management processes were highly manual, leading to inefficiencies, delays, and increased operational costs.

Country
The Netherlands
Industry
Fintech
Timescale
60 Weeks

Services Provided

UI/UX Design
Web App Development
Mobile App Development
Digital Marketing
overview

Challenges

To overcome these challenges, the company required a custom loan management system (LMS) that would streamline operations, improve risk assessment, and enhance customer experience.

Manual Loan Processing

Time-consuming and error-prone approval workflows.

Limited Risk Assessment

Risk assessment capabilities, making it difficult to evaluate borrower creditworthiness.

Inefficient Loan Tracking

Leading to delayed payments and increased defaults.

Solution

Our team at Idealdevs developed a cloud-based loan management system with a modern and user-friendly interface. The system automates the full loan lifecycle, from application and approval to repayment and reporting.

Key Features Implemented

features
Automated loan origination & approval
green-star

Borrowers can apply for loans online or through mobile apps. The system automatically verifies borrower details using integrated KYC APIs.

green-star

AI-driven credit scoring algorithm evaluates risk and suggests loan terms.

Loan disbursement & tracking
green-star

Seamless fund disbursement to borrower accounts using multiple payment gateways.

green-star

Real-time tracking of loan disbursement status and transaction logs.

Payment integration & automated collections
green-star

Integration with multiple payment service providers for flexible repayment options.

Risk management & compliance
green-star

Built-in regulatory compliance checks for different jurisdictions.

green-star

Real-time fraud detection and risk assessment tools.

Customer self-service portal
green-star

Borrowers can check loan status, repayment schedules, and transaction history online.

green-star

Support ticketing system for customer queries and assistance.

Results & Business Impact

The implementation of the custom loan management system resulted in

green-star

60% faster loan processing – from application to disbursement.

green-star

40% reduction in operational costs by eliminating manual processes.

green-star

25% improvement in repayment rates due to automated reminders and better risk assessment.

green-star

Enhanced compliance with automated reporting and data tracking.

green-star

Scalable architecture allowing the client to expand into new markets.

mobiles

Technology Stack

Front End
React.js

React.js

Vue.js

Vue.js

Angular

Angular

Back End
Node.js

Node.js

Python

Python

Database
MySQL

MySQL

MongoDB

MongoDB

PostgreSQL

PostgreSQL

Cloud
AWS

AWS

Google Cloud

Google Cloud

Azure

Azure

Conclusion

By leveraging technology, the client transformed its loan management operations, improving efficiency and customer experience. Our custom-built LMS enables them to scale their business while maintaining compliance and reducing risk.

At Idealdevs, we specialize in custom fintech technologys that help financial institutions streamline operations and drive growth.

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orgito

Orgito Baraj

CEO, Founder
contact-phone
+355 68 900 2020
contact-phone
hello@idealdevs.io
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