Esacco Microfinance Management System Features 1.

Registration Module Features: Member Registration Captures the following details Member full names Member ID No Member no Town Residence Occupation Email address County Mobile Number Pin Number Date of Registration/Joining Passport Images

Allow adding of members next of kin (optional) Capture beneficiarys personal information Capture beneficiary relationship Captures beneficiary photos

2. Contribution Module Allow members to make contribution to their savings/ shares account on daily, monthly (periodically) basis. Features include: Contribution to member savings account Contribution to multiple saving plan accounts Backdating contributions Contributing towards an outstanding loan Printing out a receipt after the transaction Sending SMS notification to the member after transaction completion

3. Income Module Allow the Organization to capture incomes comprehensively, incomes from members activities like registration, account statement print out, interest from loans among others, and incomes from other investments. Features include: Capture the payee of the income Captures date and amount Allow multiple income entries Issue receipt after the transaction

4. Expenses Module Allow the organization to account for her expenditure. Features include: Captures the receiver of any expenditure funds Captures the reason for every expenditure Captures approvals for every expenditure Captures expenditure date, amount Captures check no if any Captures the account of expenditure affected e.g. office expenses, petty cash, salaries, e.t.c.

5. Loans Module This is the module that automates the loan application, repayment, interests, guarantees, and guarantors. Its working is guided by the organizations by-laws. Features Include: Loan application which captures Amount applied for Reason for the loan Type of the loan Repayment period Disbursement method Allow addition of guarantors to cover for the amount above members available share balance Display loan repayment schedule/ amortization Checks all organizations by laws before finalizing the application

6. Shares Management Module A module used by management to perform share/ savings transfer activities in a transparent manner. Features include: Transfer within individual members account e.g. from savings to loan repayment account Transfer from one member to another member Transfer from member to organization e.g. from member savings to an organizations income account

7. Accounting Module This module performs basic bookkeeping activities for the organization based on the information captured Features include: Journals Addition of assets accounts Addition of liability accounts Profit and Loss statement Bank Reconciliations General Ledger Trial Balance Balance sheet

8. Reporting Module Features include: A Module that avail all reports and statements in the system, which can be exported to other software applications like, excel, printed out, or view only. Features include: Statements including Reports Loan repayment report Guarantors report Guaranteed report Group Issued Loan Report Group Loan balances report Group savings report Group available balances report Group daily transactions report Group periodical transactions report Income report Expenses report Bank (statement) transactions report Withdrawal/ exit reports Contribution group report Feedback reports Member Account Statement Member account mini statement Individual saving plan account statement

9. System Administration Module The system administrator has powers to regulate users and their activities on the system Features include: Create, update, delete, suspend system users Assign, Denial individual user permissions and roles Monitor all system users via audit trail/ user activities log Create, Update, Delete Business/ Organization details like address and letterhead System database back up activities