In any company involved in banking or lending money, there is absolute need to have a system for maintaining details of the customer, the details regarding any and every transaction, and other sensitive information in a secure and efficient way. MLM Yug develops Microfinance Software, an online application that allows the user to perform these functions in a simple yet efficient manner. It helps cut down excess time and unnecessary effort put to get the job done. The software aids everyone from someone newly starting the business to someone already in the field not only reduce efforts to do the job but to also monitor the progress and see statistics to make increase yield.
Microfinance is a factor that helps the poor become financially independent. The software helps one smoother and also secure the details regarding a particular business. Microfinance supplements financial as well as non financial services. Small loans, credits, funding, insurance come under the financial part while business training, health, nutrition, education planning, social support network and many others come under the banner of non financial services.
The main aim of Microfinance software is to empower the poor. That is, Microfinance intends to provide funding to the low income people who do not have any access to the regular financial banking services. Some of the features of our Microfinance Software include:
1) Administration: It involves the various settings and configurations pertaining to this category like managing the terms of a loan, the plan, the installments and other administrative factors.
2) Payroll: The software helps in configuration of payroll by helping to manage the investors and also, produce detailed reports about them. Apart from this, the software also provides a maturity report that shows when the loan will mature and make enough interest for the client.
3) The software provides authentic receipts for all transactions, a passbook and also a surrender plan.
4) The other reports necessary to analyze a financial situation or business like a Voucher report, associate report, collection (both current and old for comparison), Total TDS and many others.
5) Other special features enable to user to be able to import data from Excel or PDF files are also provided.
Microfinance is a sort of tool that helps the poor save some considerable amount of money for future financial needs by providing them access to income generation sources, building and property assets, and mainly, protection and security of the data regarding the client. The micro finance software lends money in the form of loans to the poor to help them establish a stable financial position in order to eradicate poverty. It gives them the power to not only save money and gain interest but also enables them to make investments that yield profits for a better standard of living.
This Microfinance software that is based online allows the user to access it from anywhere in the world and the authentic software is available at a highly inexpensive rate. To purchase the software at an affordable price, one can simply visit www.MLMYug.com. This software can help change your lifestyle completely.
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