Micro Financer Standard Edition

From

Elitser IT Solutions India Pvt. Ltd.

#303, Aditya Trade Center

Ameerpet, Hyderabad 38.
91-40-23753232, 23751828
Email: contact@elitser.com

www.elitser.com Elitser IT Solutions India Pvt. Ltd.

 Micro Financer Overview

Member Information Processes

Loan Processing Consolidation Module

Loans PDA and Other Devices

Savings Installation

Post Dated Cheques (PDC) Configuration

Financial Budget Search

Fund Planning Data Porting

MIS Reports Help

Financial Accounting Reports Security

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 Overview of Micro Financer Standard Edition

GL GENERAL CLIENT LOAN APPROVAL DEPOSITS

CONFIGURATION RECEIPTS INFORMATION

RODUCTCONFIG. GENERAL INVESTIGATIONS LOAN APPRAISAL INTEREST

PAYMENTS CALCULATIONS

SECURITY RECTIFICATION LOAN WITHDRAWALS

ENTRIES DISBURSEMENT

BUSINESS RULES
REPAYMENTS LEDGERS

LOAN LEDGERS

LOAN CLOSURE

REPORTS
LOAN HISTORY FINANCIAL REPORTS
OPERATING REPORTS
SUPERVISORY REPORTS
MANAGEMENT REPORTS
EXTERNAL REPORTS

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 Member Information
Detailed Member information is captured through Member Information screens. Member
provides his personal details at the time of registration with NGO. Assets, Investigation
details will be obtained and entered by Field Officers during their personal visit to
member house when the member applies a loan.

Investigation Details:
Socio Economic Indicators
House Hold Members
Housing Details
Credit History
Savings History
Background Checking
Court Case Details
Identification Details
Employment Details
Proof of Payment

Assets:
Personal Assets
Real Assets
Business Assets
Poultry/Live Stock

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 Loan Processing
Loan Processing module takes care of capturing details of Cash flow, Credit Scoring
of a loan applicant and gives maximum loan amount eligible as an input to the loan
recommendation process. The following steps summarizes the Loan Processing
Module activity.

Loan Processing:
1. Cash Flow
2. Credit Scoring
3. Loan Recommendation

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 Cash Flow Analysis
Cash flow : To assess the borrowers
capacity to repay and determine the loan
amount based on the borrowers
Household & Business income/
expenses.

Cash Flow Adjustment Factor(CFAF):

Is a percentage over borrowers net
income to arrive at repayment capacity.

Debt Capacity Analysis: Repayment

capacity of the borrower as per
Daily/Weekly/Monthly cash flow.

Maximum Loan Amount: Borrowers

repayment capacity times No of
Installments.
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 Credit Scoring
The Credit-Scoring measures the Maximum Loan
Amount and relative risk of each borrower based on Cash
Flow Information and various criteria like Borrowers
Profile, Business Profile, Assets and Liabilities, Credit
History and Savings History

Points: Each profile is allotted some points(User

Configurable).

Weightage : Each profile is allotted some Weightage

(User Configurable).

Weighted Score: Points X Weightage

Cash Flow Adjustment Factor(CFAF): Is a user

configurable percentage based on the total points scored
by the borrower.

Maximum Loan Amount: Monthly cash flow from Cash

Flow Data x Cash Flow Adjustment Factor(CFAF) and
multiplies it by number of installments to arrive at
maximum loan amount.

Risk Classification: Risk classification is arrived based

on the total points scored and the weighted score.

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 Loan Recommendation

Cash Flow Analysis: The Cash Flow

Analysis tab information is automatically
filled up from the data entered in Cash Flow
Analysis.

Appraisal of Collaterals : The information

under the Appraisal of Collaterals tab
shows assets which are flagged as collateral.

Loan Assessment : Data picked up from

credit scoring, personal details and old loan
accounts history of the borrower.

Loan Approval: Loan Sanction details

including the amount and terms of loans and
the purpose.

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 Loan Module
Loans module handles total life cycle of Micro Credit activity. Starting from
products to the repayments and closure of loans. The following steps summarizes
the Loan Module activity.

Micro Credit Activity:

1. Loan Products Definition
2. Service Charges Definition
3. Loan Account Creation
4. Loan Disbursement
5. Loan Repayment
6. Re-Scheduling Loan
7. Pre-Closure

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 Loan Products
Loan Product Creation Loan Repayment Schedule

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 Savings Module
Savings module handles total life cycle of Savings activity. Starting from products to
the deposits and withdrawal of savings. The following steps summarizes the Savings
Module activity.

Savings Activity:

Savings Products Definition

Service Charges Definition
Savings Account Creation
Deposits
Withdrawals
Interest Calculations/Postings
Ledgers

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 Savings
Deposits Withdrawals

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 FA- Reports

1. Trial Balance
2. Trial Balance T- Format
3. Trial Balance Between Dates
4. Balance Sheet
5. Income & Expenditure
6. Day Books
7. General Ledger
8. Receipts & Payments
9. Receipts Scroll
10. Payments Scroll
11. Voucher Printing

Note: All above reports can be generated As on Date/Between Dates/Comparative

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 MIS Reports
MIS - Operating Reports

1. Member Personal Details MIS - Funder Reports

2. Means Test 1. Summary of Loan Releases
3. Member Cash Flow 2. Active Clients Served Per Area
4. Member Credit Scoring Coverage
5. Loan Recommendation
3. Over All MF Program Status Report
6. Loan Repayment Schedule (PSR)
7. Loan Ledger
4. Schedule of Loan portfolio and
8. Savings Ledger Accommodations
9. Demand Note
10. Collection Due Report
11. Performance Ratio
12. Drop Out List
13. Product Performance Report

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 MIS-Management Reports

1. Listing of Loans 16. Unit Monthly Summary

2. Savings Listing 17. AO Monthly Summary
3. Delinquency Report 18. Daily Collection Sheet
4. Portfolio At Risk(PAR) 19. Monthly Beginning Balance Savings
5. PAR by Ageing and Business Activity & Loans Per Group
6. PAR by Loan Amount and Business Activity 20. Monthly Beginning Balance Savings &
7. Loan Profile by Gender Loans Per AO
8. Interest Collected by MF Unit 21. Pass Book
9. Performance by AO (Field Officer) 22. Monthly Report on Loans
10. Demand Statement 23. Monthly Report on Savings
11. Ageing by Member 24. Loan Disbursement Master roll
12. Savings Defaulters Statement 25. Loan Application
13. Schedule of Micro Finance Loans 26. Cash Book Payment Side
14. Client Status Report 27. Cash Book Receipts Side
15. Monthly Report

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 Fund Planning
This module helps the organization to plan their funds flow based on certain
parameters. Fund planning can be planned either Group Wise or Unit Wise.

Fund Planning:
1. Projections
2. Projections Vs Actuals
3. Surplus/Deficit

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 Other Features
Security User Manager Security Role & Rights Manager

Configuration:
GL Configuration
Parameters Configuration
Audit Trial Configuration
User Defined Label Captions

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 Integration of Other Devices

MFSE Hand Held

Application D
Devices
E
V
Member Details I Request Demand Info.
C
E From Sever(If Online)
Loan/Savings Acc Details Off Line Mode Off Line Mode

I
Display Demand Details
Demand Information N
T Record Collections
E
Synchronize with Device R
Issue of Receipts
F
A
Upload Data to Device C Synchronize with Server
E
Extract Data from Device Upload Data to Server

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 Export/Import Overview
Data Transfer
(CD/Floppy/Internet)

Export Import Data

Data to HO Folders Configuration
(Branch Office)

Periodic Import Data

Reporting from Branch Folders

Daily Consolidated
Transactions Reports Generation

Export Data
Configuration
Repetitive Activity
One Time Activity

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 Data Porting

For further details contact@elitser.com

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