Built for Microfinance
Transform your micro‑finance operations with MiKrof
End‑to‑end micro‑banking ERP — membership onboarding, savings, loans, field collections, SMS notifications, and reporting. Localised for Bangladesh, supported by TMSS ICT.
In the light of 52 years of experience in microfinance management, TMSS ict limited has developed Micro Banking ERP. By using its e-pass book, collections can be done through a tab or smart phone and members get SMS notifications on their mobiles as soon as they deposit their savings or loan installments. Micro Banking ERP is a complete solution. This solution combines all the benefits from membership application to savings and loan installment notification.
Benefits
Streamline your microfinance processes with Mikrof
Built for Microfinance
Key Features of MiKrof ERP
A comprehensive and cloud-powered ERP solution designed for microfinance institutions — ensuring seamless integration, transparency, and compliance.
1. Loan Management
At the core of any microfinance institution lies loan management. To make loan management effective at every stage, the Microfinance Management ERP System supports the entire process—from application and approval to disbursement and repayment tracking. It automates the entire loan lifecycle, covering application submission, approval, disbursement, and installment collection.
Within the system, loan products are automatically generated based on various terms, interest rates, and installment schedules. In case of client difficulties, loan restructuring and rescheduling can be easily managed. Features such as automated repayment reminders and delinquency tracking help improve collection rates and reduce non-performing loans.
2. Savings and Deposit Management
Members’ individual savings accounts are accurately maintained through the ERP system. Both compulsory and voluntary savings are tracked separately, ensuring complete transparency for members and the organization. Interest is automatically calculated and credited. The processes of withdrawal and account closure follow a structured, rule-based workflow.
3. Accounting and Financial Management
MiKrof ensure accurate financial records through double-entry bookkeeping. Features include chart of accounts, ledgers, trial balance, automated financial statements, bank reconciliation, and fund management. Integrated accounting functions help MFIs manage budgets, cash flow, and audit preparation while maintaining financial transparency.
4. Information & Analytics (MIS and Business Intelligence)
MiKrof ERP’s dynamic dashboard consolidates and displays branch-level performance, loan and savings portfolios, budgets, forecasts, and analytical insights. This makes data-driven decision-making easier and significantly improves audit readiness through detailed reports and real-time access.
- Provides comprehensive reports on loan portfolio performance, repayment schedules, savings trends, delinquency rates, and financial summaries.
- Customizable dashboards and real-time analytics that ensure institutional health monitoring and active coordination.
- Automated regulatory reporting, tax filing, and audit report generation to simplify compliance and auditing.
- Achieves maximum efficiency in modern microfinance management through data-driven decision-making.
- MiKrof ERP’s powerful MIS and BI solution is an ideal platform for TMSS ICT Ltd. for digitalized, automated, and efficient microfinance management.
Dynamic Dashboard
The complexity of microfinance activities, efficient data management is crucial.
The solution provides tools for data entry, storage, retrieval and reporting.
Complete control over microfinance operations.
E-Pass Book and Mobile Collections
The use of e-pass books and mobile devices (tablets or smartphones)
for collections simplifies the process of gathering savings and loan
installments from members.
Financial Transparency
The system might offer transparency in financial operations,
allowing members to have clearer insights into their accounts,
transactions, and balances.
SMS Notifications
We can help members stay updated about their financial
transactions by sending SMS notifications after depositing
savings or loan installments.
Security
Given the sensitive nature of financial transactions and personal
data, the system incorporate strong security measures to protect
both member information and financial data.
Online Reporting System
Comprehensive reporting and analysis tools are often part of ERP.
These can assist in decision making, performance monitoring and
compliance.
Modular Section
- Role Based Access Control (RBAC)
- Multiple Office/Branch Setup
- Employees
- Groups
- Migration
- Member Information
- Member Group Transfer
- Member Closing
- Member Reports
- Loan Products
- Loan Accounts, Transaction
- Death Member Register, Waiver
- Loan Rebates
- Loan Write off
- Loan Reports
- Transaction Authorization
- Transaction Un-authorization
- Collection Sheet
- Day End and Month End Process
- Standard Reports
- Pre-formatted Reports
- Customized Reports
To make requests for further information, feel free to contact with us.
