Loan Performer can be used to track and manage the organizations client accounts. The clients’ accounts are managed by the Loan Performer Savings module that keeps track of all deposits and withdrawals done on the client’s savings account. When a client is registered into Loan Performer a Savings Account that corresponds to that client’s registration number is automatically opened.
The clients Savings Accounts are tracked basing on the savings products designated to the client. There are two basic types of savings products that can be associated with any savings account, i.e., the Free Savings and Loan Guarantee Savings products. In additional to these, a client account can have any number of additional savings products if they are defined as savings products in under Systems->Configurations->Products.
The Loan Performer Savings module can be used to accomplish the following;
The Nº 1 Software for Microfinance