Displaying items by tag: Regulations

Loan management software is a cloud based end to end lending application used to improve the quality, turnaround time and service for end-customers. It enables banks to improve the agility, transparency and efficiency of their lending solutions whereas, Loan management system means an innovative, turn-key, end-to-end securities-based lending platform that connects lenders seeking high-quality, collateralized loans with borrowers requiring convenient access to credit.

Published in Amala Times

In December 2018, the parliament of the United Republic of Tanzania enacted a Microfinance Act which seeks to clarify the framework under which microfinance institutions are governed, regulated, and operate. The Act provides for licensing, regulation and supervision of a highly segmented microfinance sector in Tanzania Mainland and Zanzibar. It concretized a commitment made by the Ministry of Finance and Planning and the Bank of Tanzania (BoT) to transform the microfinance sector through better integration and regulation. This was to be realized through the National Microfinance Policy 2000 (NMP 2000), however the implementation of the policy was unsuccessful, leading to its revision in 2017. The 2018 Microfinance Act was enacted “in order to operationalize NMP 2017” whose main objective was to create an enabling environment for the microfinance sub sector to contribute to poverty reduction.

Published in Amala Times

It may be hard to acknowledge the investments that small business put in the SACCOs-Microfinance industry in most cases because of being unfamiliar with the industry itself and the challenges at the beginning, but Amala App Suite recognises that and in primacy and that being the case it opens doors and further opportunities to the business of all scales in the SACCOs-Microfinance sector. Our services extend to not only providing our core services but also train our clients on strategies and means of winning the SACCOs-Microfinance sector in Tanzania. This is because we believe our winning and great service depends on how our clients and their clients win in the sector by getting in return the expected result and more.

The system avails you with multiple solutions to your managerial tasks and the efficient control of your funds. You get to examine the trend of your operations and management of funds. If all that is enough the system provides you with the best loan management software that help your business acquire efficiency and accuracy.

Published in Amala Times

Loan Management Service means Lender's proprietary automated loan management program that controls the manner in which funds are transferred between the Designated Account and the Revolving Loan for credit or debit to the Revolving Loan, or any successor service or product that performs similar service. The Loans Management in Business Operations is a means of enabling financial institutions to perform business operations during the life-cycle of a loan, such as creation of the loan, disbursement of funds, allowing customers to skip a payment or payoff a loan fully

With a proper Loan Management system, if your organization provides employee loans, this module enables you to define and manage employee loan policies and their entitlement based on different parameters. ... Amala App Suite is an innovative loans management system that offers the full range of capabilities needed in a mortgage and/or loans operation.

Published in Amala Times
Page 1 of 5

About us

A technology for financial inclusion that has features for financial institution flexibility to grow and advance in its way of managing customers, financial products, fast and regular reporting capabilities.

Powered by Mifos  

Amala Adding Value

 

 

Service Desk[existing clients only]

 



 

Contact us

Singo Africa Limited
Mbezi Beach "B"  | Mwai Kibaki Road | 6 Wasafi Str.

P.O BOX 78908 | 14121 Dar es Salaam

This email address is being protected from spambots. You need JavaScript enabled to view it. | +255 71 262 8896 | singo.africa | amala.co.tz

Newsletter

Please subscribe to our Newsletters to always stay updated.
Top