Best Microcredit Software in Bangladesh

Microcredit Software in Bangladesh

Microcredit, we can call this microloan as well – the idea is simple enough: By giving a
very small loan to someone living in a poor country, you could help them expand a small
business, which would lift their family out of poverty. When they pay back the loan, the
money can be cycled to more borrowers, getting more families out of poverty.
Organizations offering microcredit to poor borrowers — many living on $2 or less per
day — took off in those decades.

Investors and donors poured money into microcredit, hundreds of organizations offered
loans, and the number of borrowers worldwide skyrocketed to 211 million by 2013. We
should see it as a way to expand options for poor people by offering more reliable
financial services. Extremely poor people need these services just like everyone else,
and the availability of capital to deal with irregular and at times unpredictable incomes is
a huge help to them. This benefit, along with its impressive growth around the world,
arguably makes microcredit a success.

Economist Muhammad Yunus as well as Dr. Fazle Hasan Abed has played a big role in
shaping the new perspective. Female empowerment also became integral to the story.
Many microcredit institutions made it a priority to lend to groups of women (about 80
percent of microcredit borrowers are now women).

Microcredit Software
To date, many microcredit organizations are operating their services and calculating
manually, topmost they are using Microsoft Word for documentation and Excel for
simple calculations. It’s a matter of regret that in this advancing world such brilliant and
humanitarian, and most of all such financial, institutions are left behind of the ICT’s
growth and advancement.

Yes, there are “some too many” software regarding microcredit on the market at
present, in Bangladesh, India as well as in some other countries. Though South Asia is
the core place of the microfinance system in the world, there are too many microcredit
organizations out of league here due to some obstructions on the path of advancement
to ICT here.

Financial Aspect

Microcredit institutions are facing difficulties in grasping automated software systems mainly due to
financial aspects. The institutions run on borrowing very small amounts to people and recycling that,
so most of the time they cannot afford such advanced systems at a high price.

Portability

Such institutions find it problematic in terms of portability of the system as well as probable data
loss.

Complexity

The next problem they face is the difficulty in operation.

Limited Functionality

Sometimes the software is not a full-fledged system rather they are charged differently for
microfinance as well as office operations and others.

Automated Advancement

There are more unheard-of obstacles and most of all, microcredit institutions are not well aware of
possibilities that exist for them in the ICT world for automated advancement.

Limited Functionality

Sometimes the software is not a full-fledged system rather they are charged differently for
microfinance as well as office operations and others.

Semicolon Microcredit Solutions

Best Microcredit Software in Bangladesh: Semicolon IT Solutions, a software
development company located at Sheikh Hasina Software Technology Park, Jashore,
Bangladesh offers various automated software solutions to fields like microcredit, school
management, office ERP, govt. case management, govt. seeds management and the
evergreen stock/inventory and POS systems.

They also provide website and e-commerce development services, graphic design, and
digital marketing supports. Not to mention, we provide basic to advanced training in ICT
to the young generation.

Best Microcredit Software in Bangladesh

To optimize microcredit operations and in a view to promoting them to the advanced IT
world, we have thought of a wonderful idea. We have developed the Semicolon
Microcredit Solution to diminish the obstacles mentioned above and facilitate these
organizations in an automated mode.

Budget-Friendly

Usually, microcredit software takes a lot of time and labor to prepare a full solution package, so the
price is high. However, Semicolon IT Solutions has prepared this within a couple of months with
smart labor. As a result, we can provide this solution very fast and of course at a price lower than the
others.

Complete Automated Solution

Ours is a full-fledged solution that includes a complete microcredit system with proper accounting
and banking modules along with a full-fledged office management system that includes employee
management, payroll, etc. as well as proper accounting and report generation modules. So, to speak,
Semicolon Microcredit Solution is a complete automated solution to any microcredit institution.

Scalability

Any microcredit institution. small to large the scaling does not matter. In spite of such provision, our
time taken for production is low and our cost of production is under our client’s grasp.

Modularity

Our software is a modular one. We can set up this for multiple branches of the same institution and
provide maintenance and control from a super admin dashboard.
Customizable

This software is prepared from the scratch making it user-friendly, fully customized to client’s needs
and we are very much capable of further customizing this if the necessity arises and customer
demands.

Portability

Semicolon Microcredit Solution offers this automated solution online with the security of data. As
being online and web-based, clients can access this from anywhere and anytime and with the help of
any device that is connected to the internet.

Present Day Tech

Semicolon Microcredit Solution is developed with modern technologies such as React JS for
frontend, Node JS for backend as well as MongoDB for the database. Microcredit software
developed with such modern technologies is a rare gem at this time.

Specialties of Semicolon Microcredit Software

Let’s overview the specialties of the Semicolon Microcredit Solution at a glance.

​ Low cost
​ Less manpower
​ Fast delivery
 ​ Ready product
​ Fully customizable
​ Modern technology
​ Fast operation
​ Modular model

One Platform

A full solution including microfinance system, office management, account, and report in
one platform.

​ Can serve unlimited branch with a single super dashboard

​ Device friendly; cross-platform performance
​ Portability
​ Data security
​ User-friendly
​ Multiple language support
​ Possible to fully integrate client’s native language in total software
​ Report generation, export to various formats, printable.

Major Modules of Our Microcredit Software

Microcredit Management:

​ Customer Registration
​ Customer List
​ Pending Request
Micro Accounts:

​ Account opening request

​ All transactions
​ Microcredit accounts
Deposits:
 ​ Generate deposit account
​ Collection/Withdraw
​ Profit distribution
​ Deposit clearing
​ Deposit statement
Savings and Loans

​ Generate savings account

​ Saving and loan collections
​ Withdraw
​ Loan disbursement
​ Loan accounts
​ Account statements
​ Cheque return

Office Management:

​ Employee registration
​ Employee list
​ Salary increment
​ Provident fund
​ Training
​ Generate pay slip
​ Pay roll
​ Assets and welfare fund

Accounting:

​ Banking
​ Deposit and withdraw
​ Receivable and payable
​ Transactions
​ Income and Expense report

Demo:

And many more where these came from … We look forward to demonstrating our software in direct
contact or over Skype live chat.
Click For Skype Call:

​ Parvez Mahmud

Microcredit Software SaaS Pricing

SaaS Module - Monthly Subscription Based Pricing.

Semicolon IT Solutions offers its Microcredit Software under 2 alternate pricing terms.
The first one is this SaaS module. This term of ours depicts a monthly
subscription-based plan for organizations that assume this plan ok for them or people
who do not want a payment hassle just in the beginning.