Characteristics of the Micro-Finance Business
• High operating costs
• High staff costs
• High volume, low value multi-product portfolio
• Spread across a wide geography
• Need for timely and accurate information
DolFin is a comprehensive smart card based transaction automation solution, first of its kind for Microfinance Institutions
• Reduces time required for Collections
• Increases Productivity
• Reduces duplicate data entry
• Provides up-to date and timely information
• Provides savings on Staff and Operational costs
Solution Components
- Each member is issued a personalized smart card
- Each field officer is provided with a handheld terminal
- Each branch will have a computer application
- A central server
Architecture

Features
- One point control over loans and savings products management and organization policies
- All Policy definition Modules at the Head Office; Implementation Modules at the Branches
- Support for Multiple Micro finance companies – multiple loans / savings products
- Totally configurable organization hierarchy to meet your requirements
- Customizable Field visit intervals - Daily, Weekly, Fortnightly or Monthly – to suit your business needs
- Two types of interests – Flat and Declining balance method
- Flexible ‘Eligibility’ Criteria
- Facility to handle ‘Arrears’ in case of pre-payment and part-payment of loans
- Facility to handle miscellaneous payments
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