Members/Client Register

This is the core module that takes care of the entire member registration process. Under this module,
the system also lets you capture member’s bio data. Other systems would term this module as KYC i.e
Know Your Client. By default, our sacco management system captures details below.

The Sacco Management System (SMS) is an essential tool for savings and credit cooperatives. It provides
a comprehensive framework for managing various aspects of a Sacco's operations, including member
accounts, loans, savings, and transactions. The SMS includes features such as automated loan
disbursement, member contributions tracking, and real-time reporting. By implementing an SMS, Saccos
can streamline their operations, reduce errors, and improve member service.hnss

3 NamesNational

ID / Passport Number

Passport size photograph

Phone/Mobile Number

Email Address

Postal Address

Marital Status

Employment Status

Bank Statement

Salary Statement

Next of Kin

Date of birth

Date of joining the SACCO

Membership/Registration Number

Contributions Module.

This is yet another key module in Fibo360. This module helps in managing members’ accounts.
Through this module, the SACCO is able to open/create Savings, Shares and any other types of accounts
for it’s members.

For instance, some SACCOs have a Christmas account and the module enables SACCOs to create this
accounts and receive member’s contributions into the respective accounts.

The system captures the following information under this module.

Member (Payee)Account to credit (Savings, Loan, Shares etc)

Bank Account to debit

Date of payment

Transaction Amount

Mode of payment (Cash, Cheque etc)

Comment/Note

Receipt/Reference/Cheque Number

Loan Management

This module is responsible for managing loans and loan products. Using this module, SACCOs are able to
create and configure their loan products. Fibo360 allows for flexible creation unlimited number of loan
products with different terms. The platform makes the entire process seamless and easy. From this
module, one is able to:

Create different loan products with different terms.

Apply loans.

Capture guarantors.

Approve/Reject loan applications.

Process loan applications.

Disburse loans.

Reschedule loans.

Roll -over loans

Waive loans.

Write-off loans

Release/Replace guarantors.

Bulk SMS/Email Notifications

Fibo360 has an integrated bulk SMS module. This combined with email notifications feature helps SACCO
deliver real time notifications to members. The platform also allows users to compose and send custom
SMS/Email messages to members.

Mpesa Integrated

Fibo360 integrates with Mpesa to allow members to pay for their loans and contributions via Mpesa
automatically.

Expense & Other Incomes.

This is module facilitates in the management of a SACCO’s incomes and expenses.

When capturing expenses, the system allows you to record and pay bills.

Under this module, vendors/suppliers can also be captured.

Information below is captured when recording vendors.

2 Names

Company Name

Postal address

Town

Country

Telephone number

Email address

When recording bills, Fibo360 capture the information below:

Vendor/Supplier

Expense account

Amount

Ref Number

Date of transaction.

Bill due date

Comment/ Ref Number

When paying bills, Fibo360 allows captures the following information.

The vendor to be paid.

Voucher Number

Date of transaction

Mode of payment

Cheque/Ref Number

Note/Comment

Bank account to spend from.

Document Management

This feature allows a SACCO to digitize and store members’ documents in the system. The feature
enables one to upload documents into the system in the formats below.

Microsoft Word

Portable Document Format – PDF

JPEG

PNG

Stored documents can be searched and renamed.

Members’ Self Service Portal

Fibo360 comes with a self-service portal for your SACCO’s members. From the portal, SACCO members
can view their statements, request for loans, appoint loan guarantors, approve or reject requests from
fellow members to guarantee their loans and directly send a message to the SACCO.

The vendor to be paid.

Voucher Number

Date of transaction

Mode of payment

Cheque/Ref Number

Note/Comment

Bank account to spend from.

About us

About the company

Product Features

adhjjj

SACCO Concepts

SASRA

Contact us

Tel: +254 737 429 913

Email: info@fibo360.co.ke