Core system for SACCOs & microfinance in East Africa
Members, savings, shares, loans and mobile money in one system — with approvals, audit trails and roles that hold up when the auditor visits.
One system, two ways to run it
A SACCO and a microfinance institution don’t work the same way, so AlpsCredit doesn’t pretend they do.
Members save, buy shares, guarantee each other and borrow against their savings. Dividends are calculated and posted at year end.
You choose once, when you set up your organization. Terminology, navigation and features follow that choice.
Product tour
Real screens from the application, shown with sample data.
How money moves
Disburse loans and collect repayments over MTN and Airtel. Payouts are held while the network confirms, checked automatically every few minutes, and refunded if they fail — so nobody gets paid twice.
Funds held
Awaiting network
Ledger updated
Flat or reducing balance. Repayments split interest-first; arrears flagged every night.
A guarantee holds part of the guarantor’s savings until the loan is repaid — and releases it automatically.
Buy, transfer and redeem shares. Run a dividend cycle: calculate, approve, then post to savings.
Portfolio, arrears, collections and savings growth, exportable when the regulator asks.
Controls
Member money deserves more than a spreadsheet and trust. Every action that moves money or changes a record goes through one checked, logged path on the server.
Owner, manager, loan officer, cashier and viewer. Permissions are verified on the server for each action — hiding a button is never the only protection.
Loan approvals, withdrawals, write-offs, restructures, dividend posting and suspensions can require a second person. Nobody approves their own request.
Who did what, to which record, and when — from a loan approval to a settings change — written by the server, not by the browser.
Each organization runs in its own database. ID scans, photos and loan documents are private to your team.
Getting started
Register, choose SACCO or microfinance, and your own database is set up with sensible default products.
Load sample members, loans and savings so staff can learn the screens. Clear it when you go live.
Give each person the role they need, capture opening capital, and start recording real transactions.
Set up your organization and practise with sample data today, or talk to us about migrating your members.