Built for Microfinance

Run your microfinance operations from one system 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.

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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.

Core Modules & Integrated Features

Management Information System (MIS)

Comprehensive data tracking, reporting

Accounting Information System (AIS)

Automatic accounting vouchers, financial reports.

Loan & Savings Portfolio

Full lifecycle management.

MRA Compliance Reporting

Automated regulatory filings

SMS Transaction Alerts

Real-time member notifications

DFS & Mobile Apps

Mobile e-collection, member passbook

One ERP. Two connected information systems.

Controls & accounting structure

Unauthorized back-dated data entry prevention and support for unlimited depth levels in the chart of accounts.

Fund & budget management

Fund transfer among branches, budget/budget variance, donor loan management and scheduling.

Automated vouchers

All MIS financial transactions trigger automatic accounting vouchers, with manual vouchers available for regular expenditures and other operations.

Dashboard-driven operations

Information for MFI and individual branches, with transaction tracking and drill-down reporting.

Modular Features

MiKrof is designed with a comprehensive modular architecture that enables microfinance institutions to manage members, groups, branches, loans, transactions, collections, reporting, and operational controls from a single integrated platform.

Administration & Security

  • Create unlimited user roles and permissions.
  • Control access based on designation, branch, department, or responsibility.
  • Define view, add, edit, delete, authorize, and report permissions.
  • Maintain secure user activity and operational accountability.
  • Manage head office, regional offices, branches, and field offices.
  • Configure branch-specific users, members, products, and transactions.
  • Centralized monitoring across multiple locations.
  • Support branch-wise operational and financial reporting.
  • Maintain complete employee profiles and employment information.
  • Assign employees to offices, departments, groups, and responsibilities.
  • Manage field officers and collection staff.
  • Track employee-related operational activities.

Member management

  • Create and manage member groups.
  • Assign members to specific groups and field officers.
  • Maintain group-wise savings, loans, collections, and reports.
  • Support group-level monitoring and performance analysis.
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  • Import existing members, groups, loans, and financial information.
  • Support migration from legacy systems.
  • Validate migrated data before final processing.
  • Maintain historical information during system transition.
  • Maintain comprehensive member profiles.
  • Store personal, family, nominee, occupation, identification, and contact information.
  • Maintain member savings, loan, transaction, and repayment history.
  • Quickly search and retrieve member records.
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  • Transfer members between groups or responsible officers.
  • Maintain transfer history and effective dates.
  • Update group-related records without losing historical information.
  • Support controlled authorization of transfers.
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  • Process member account closure according to organizational rules.
  • Verify outstanding loans, savings, and other balances.
  • Maintain closing records and historical information.
  • Generate member closing documentation and reports.
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  • Member profile reports.
  • Member-wise transaction history.
  • Group-wise member reports.
  • Active/inactive/closed member reports.
  • Branch-wise and field-officer-wise member reports.
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Loan management

  • Create and configure multiple loan products.
  • Define loan amount, tenure, installment frequency, interest, fees, and repayment rules.
  • Configure product-specific eligibility and accounting parameters.
  • Support different loan schemes for different member segments.
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  • Create and manage individual loan accounts.
  • Process loan disbursement, repayment, adjustment, and other transactions.
  • Maintain complete loan transaction history.
  • Track principal, interest, fees, outstanding balance, and repayment status.
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  • Maintain a dedicated deceased-member register.
  • Record member death information and supporting details.
  • Process applicable loan waiver according to organizational policy.
  • Maintain waiver history and authorization records.
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  • Configure and process eligible loan rebates.
  • Apply rebate rules based on organizational policies.
  • Maintain rebate calculations and transaction history.
  • Generate rebate-related reports.
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  • Identify eligible non-performing or unrecoverable loans.
  • Process loan write-off through controlled authorization.
  • Maintain write-off history and supporting records.
  • Generate write-off and outstanding loan reports.
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  • Loan portfolio reports.
  • Disbursement and repayment reports.
  • Outstanding loan reports.
  • Overdue/arrears reports.
  • Product-wise, branch-wise, group-wise, and member-wise reports.
  • Loan performance and portfolio analysis.
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Transaction Control &
Period Processing

  • Introduce maker-checker based transaction control.
  • Review transactions before final authorization.
  • Restrict authorization according to user roles and permissions.
  • Maintain authorization history and audit trails.
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  • Allow authorized transactions to be reversed from authorization status under controlled permissions.
  • Maintain complete history of authorization changes.
  • Support correction of incorrectly authorized transactions.
  • Ensure accountability through audit records.
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  • Generate daily collection sheets for field operations.
  • Display member-wise installment and collection information.
  • Support group, field officer, and branch-wise collection.
  • Improve field collection monitoring and reconciliation.
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  • Structured daily closing process.
  • Verify pending transactions and operational activities.
  • Perform day-end validation and closing.
  • Monthly closing and period-end processing.
  • Maintain accounting and operational consistency between periods.
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Reporting & Analytics

  • Ready-to-use operational reports.
  • Member, group, loan, collection, transaction, and branch reports.
  • Daily, monthly, and period-based reports.
  • Exportable and printable reporting formats.
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  • Professionally designed reports based on predefined organizational formats.
  • Generate commonly required reports without additional configuration.
  • Support standardized reporting across branches.
  • Suitable for management, operational, and compliance requirements.
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  • Build reports according to specific organizational requirements.
  • Select required fields, filters, dates, branches, products, and other parameters.
  • Generate customized management and operational reports.
  • Support organization-specific reporting formats and analysis.
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Everything your MFI needs, connected

Cloud Based

Access the solution through a connected, cloud-based environment.

Integrated HRIS

Employee and organizational information is integrated with the ERP.

SMS Transaction Alert

Supports SMS transaction alerts as part of the platform.

DFS & MFS Integrated

Supports integration with DFS and MFS environments.

Loan & Savings Portfolio

Manage loan and savings products, accounts and transactions.

Easy Customization

Designed to support super-easy customization for organizational needs.

e-Collection

Supports e-collection through mobile applications.

Passbook

Member/borrower passbook functionality is included.

Dynamic Dashboard

Dynamic bottom-up dashboard for operational visibility.

Fixed Asset, Inventory & POS

Dynamic bottom-up dashboard for operational visibility.

Automatic Accounting

MIS financial transactions can trigger automatic accounting vouchers.

Online Reporting

Online Reporting System (OLRS), MRA compliance reporting and fund management

Report Built for
Financial & Operational control

The source specification lists financial, MIS, MRA, PKSF-POMIS and consolidated reporting capabilities

Financial Report

Track your financial performance with accurate & timely reports

  • Trial Balance
  • Receipt-Payment Statement
  • Income Statement
  • Balance Sheet
  • Cash Flow Statement
  • Ledger Reports
  • Daily Transactions
  • Bank & Cash Book
  • Fund Transfer Report
  • Subsidiary Ledger Report
  • Notes to Balance Sheet
  • PKSF-POMIS Reports
  • MRA Reports
  • Branch Wise Saving Information
  • MFI Monthly Information
  • Consolidated Financial Position
  • Loan Classification Chart
  • Loan Disbursement Information
  • Due Register
  • Written Off Register

Operational Report

Manage daily operations efficiently with detailed operational reports

  • Rebate Register
  • Transfer Register
  • FDR Register
  • Monthly Progress Report
  • Target Achievement Report
  • MIS & AIS Cross Check
  • Periodical Progress Report
  • Budget Allocation Report
  • Budget Variance Report
  • Branch Wise Ledger Report

Benefits

Streamline your microfinance processes with Mikrof

Data Management & Automation

Efficiently handle member data, savings, loans, and pre‑formatted reports.

Mobile Collections & e‑Passbook

Use tablets/smartphones for field collections and give members mobile access.

SMS Notifications & Transparency

Members receive SMS updates for deposits and loan installments.

Security & Multi‑Branch Setup

Role‑based access, branch/office modules and secure transaction workflows.

Mikrof Dashboard

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.

By automating various processes, micro banking ERP will help improve efficiency and accuracy, reduce human errors and manual work.

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.

Ready to modernize your microfinance operations?

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