iMFAST platform provides the ability to automate loans administered by Finance Institutions and Banks, who can securely withdraw funds at the door steps from multi-factor authentication system.
Loans can be managed for
- Joint Liability Groups
- Self Help Groups
- Individuals
With branchless banking technology and Field Agent services, the process of lending, disbursement of the loan amount, re-payment collections and the management of groups becomes transparent, scaling up efficiency and improving decision making capabilities, while also bringing in a lot of convenience to the group members.
The iMFAST loan management system is used by large MFIs and Banks where loans worth millions of dollars have been disbursed and successfully collected.
