SWOSTI MFI247| #1 best Microfinance (MFI) software for NGO

best Microfinance (MFI) software for NGO

MFI247 is a modern (মাইক্রোক্রেডিট সফটওয়্যার) designed specifically for NGOs and Microfinance Institutions ([এমএফআই]) in Bangladesh. Many microfinance organizations in the country manage thousands of members, handling loans, savings, installments, and other financial transactions every day. Managing such large-scale data efficiently and accurately is crucial. Swosti MFI247 is recognized as the Best Microfinance & NGO Loan Management Software in Bangladesh, simplifying and streamlining operations, making them faster, paperless, and fully automated. (datasoft), Somity Keeper) 

With MFI247, you can manage all your organizational activities from a single platform. This cloud base software allows field officers to update member information directly from mobile devices, keeping records real-time and eliminating paperwork. Every member’s account, including loan schedules and savings, remains updated and easily accessible.best Microfinance (MFI) software for NGO

Key Features of MFI247

  1. Loan Management: Automate loan applications, approvals, disbursements, and repayments. Track every member’s loan history accurately.

  2. Savings & Installments Tracking: Manage members’ savings and installment payments seamlessly, with automatic balance updates.

  3. Client & Group Management: Maintain detailed member profiles, group loan structures, and other essential data.

  4. Accounting & Reporting: Generate detailed financial reports that make decision-making and efficient.

  5. Online & Offline Access: Works effectively even with low bandwidth. Field officers can work anytime, anywhere.

  6. Mobile & Web Access: Ensure smooth coordination between office and field operations.

Why Swosti MFI247 is Essential for NGOs and MFIs

For microfinance organizations in Bangladesh, accurate accounting and member tracking are vital. Errors, late reporting, and manual paperwork often reduce operational efficiency. MFI247, the Best Microfinance & NGO Loan Management Software in Bangladesh, addresses these challenges by automating processes, reducing costs, and improving transparency and accountability.

The software is user-friendly and easy to train new staff. NGOs and MFIs can automate their lending operations and ensure better financial inclusion for their members.

Additional Benefits:

  • Affordable, fully automated solution.

  • Modular structure for institution-specific customization.

  • Modern technology ensuring reliability and scalability.

  • Enhanced member satisfaction due to faster and accurate field operations.

MFI247 is a comprehensive (মাইক্রোক্রেডিট সফটওয়্যার) that simplifies every aspect of loan, savings, and installment management for NGOs and MFIs. Beyond bookkeeping, it strengthens decision-making and ensures member-centric operations.

Our MFI247 Working Process

MFI Application Features

 
Web & Mobile Based Application
 
Final Posting of Loan and Savings in Samity
 
Member Verification with NID
 
CIB Compliant member admission form
Loan Product
(Flat/Decline/Schedule Decline/Customized Product)
 
Automated Correction without
DAY BACK
 
SMS Service to clients
 
Automated Loan Category Change
 
Automated Creation of Ledger & journal
 
Branch Transfer & Automated Voucher entry
 
Automatic Member Dropout & Report
 
Automatic Write off , Pre & post Write Off Report
 
Location Tracking of field officer
 
Head Office Area & branch Cosolidated report
 
More than 200+ Report
 
Low Bandwidth Data Entry
 
Report View in Mobile Application
 
Both Bengali & English Language in the application
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