Micro Financer Standard Edition From Elitser IT Solutions

Micro Financer Standard Edition From Elitser IT Solutions India Pvt. Ltd. #301, Aditya Trade Center Ameerpet, Hyderabad – 38. 91 -40 -23753232, 23751828 Email: contact@elitser. com www. elitser. com Elitser IT Solutions India Pvt. Ltd.

Micro Financer Overview Member Information Processes Loan Processing Consolidation Module Loans PDA and Other Devices Savings Installation Post Dated Cheques (PDC) Configuration Financial Budget Search Fund Planning Data Porting MIS Reports Help Financial Accounting Reports Security www. elitser. com Elitser IT Solutions India Pvt. Ltd.

Overview of Micro Financer Standard Edition GL CONFIGURATION GENERAL RECEIPTS CLIENT INFORMATION LOAN APPROVAL DEPOSITS RODUCTCONFIG. GENERAL PAYMENTS INVESTIGATIONS LOAN APPRAISAL INTEREST CALCULATIONS SECURITY RECTIFICATION ENTRIES LOAN DISBURSEMENT WITHDRAWALS REPAYMENTS LEDGERS BUSINESS RULES LOAN LEDGERS LOAN CLOSURE LOAN HISTORY www. elitser. com REPORTS FINANCIAL REPORTS OPERATING REPORTS SUPERVISORY REPORTS MANAGEMENT REPORTS EXTERNAL REPORTS Elitser IT Solutions India Pvt. Ltd.

Member Information Detailed Member information is captured through Member Information screens. Member provides his personal details at the time of registration with NGO. Assets, Investigation details will be obtained and entered by Field Officers during their personal visit to member house when the member applies a loan. Investigation Details: • Socio Economic Indicators • House Hold Members • Housing Details • Credit History • Savings History • Background Checking • Court Case Details • Identification Details • Employment Details • Proof of Payment Assets: • Personal Assets • Real Assets • Business Assets • Poultry/Live Stock www. elitser. com Elitser IT Solutions India Pvt. Ltd.

Loan Processing module takes care of capturing details of Cash flow, Credit Scoring of a loan applicant and gives maximum loan amount eligible as an input to the loan recommendation process. The following steps summarizes the Loan Processing Module activity. Loan Processing: 1. Cash Flow 2. Credit Scoring 3. Loan Recommendation www. elitser. com Elitser IT Solutions India Pvt. Ltd.

Cash Flow Analysis Cash flow : To assess the borrower’s capacity to repay and determine the loan amount based on the borrower’s Household & Business income/ expenses. Cash Flow Adjustment Factor(CFAF): Is a percentage over borrower’s net income to arrive at repayment capacity. Debt Capacity Analysis: Repayment capacity of the borrower as per Daily/Weekly/Monthly cash flow. Maximum Loan Amount: Borrower’s repayment capacity times No of Installments. www. elitser. com Elitser IT Solutions India Pvt. Ltd.

Credit Scoring The Credit-Scoring measures the Maximum Loan Amount and relative risk of each borrower based on Cash Flow Information and various criteria like Borrowers Profile, Business Profile, Assets and Liabilities, Credit History and Savings History Points: Each profile is allotted some points(User Configurable). Weightage : Each profile is allotted some Weightage (User Configurable). Weighted Score: Points X Weightage Cash Flow Adjustment Factor(CFAF): Is a user configurable percentage based on the total points scored by the borrower. Maximum Loan Amount: Monthly cash flow from Cash Flow Data x Cash Flow Adjustment Factor(CFAF) and multiplies it by number of installments to arrive at maximum loan amount. Risk Classification: Risk classification is arrived based on the total points scored and the weighted score. www. elitser. com Elitser IT Solutions India Pvt. Ltd.

Loan Recommendation Cash Flow Analysis: The Cash Flow Analysis tab information is automatically filled up from the data entered in Cash Flow Analysis. Appraisal of Collaterals : The information under the ‘Appraisal of Collaterals’ tab shows assets which are flagged as collateral. Loan Assessment : Data picked up from credit scoring, personal details and old loan accounts history of the borrower. Loan Approval: Loan Sanction details including the amount and terms of loans and the purpose. www. elitser. com Elitser IT Solutions India Pvt. Ltd.

Loan Module Loans module handles total life cycle of Micro Credit activity. Starting from products to the repayments and closure of loans. The following steps summarizes the Loan Module activity. Micro Credit Activity: 1. Loan Products Definition 2. Service Charges Definition 3. Loan Account Creation 4. Loan Disbursement 5. Loan Repayment 6. Re-Scheduling Loan 7. Pre-Closure www. elitser. com Elitser IT Solutions India Pvt. Ltd.

Loan Products Loan Product Creation www. elitser. com Loan Repayment Schedule Elitser IT Solutions India Pvt. Ltd.

Savings Module Savings module handles total life cycle of Savings activity. Starting from products to the deposits and withdrawal of savings. The following steps summarizes the Savings Module activity. Savings Activity: • • www. elitser. com Savings Products Definition Service Charges Definition Savings Account Creation Deposits Withdrawals Interest Calculations/Postings Ledgers Elitser IT Solutions India Pvt. Ltd.

Savings Deposits www. elitser. com Withdrawals Elitser IT Solutions India Pvt. Ltd.

FA- Reports 1. 2. 3. 4. 5. 6. 7. 8. 9. 10. 11. Trial Balance T- Format Trial Balance Between Dates Balance Sheet Income & Expenditure Day Books General Ledger Receipts & Payments Receipts Scroll Payments Scroll Voucher Printing Note: All above reports can be generated As on Date/Between Dates/Comparative www. elitser. com Elitser IT Solutions India Pvt. Ltd.

MIS Reports MIS - Operating Reports 1. 2. 3. 4. 5. 6. 7. 8. 9. 10. 11. 12. 13. Member Personal Details Means Test Member Cash Flow Member Credit Scoring Loan Recommendation Loan Repayment Schedule Loan Ledger Savings Ledger Demand Note Collection Due Report Performance Ratio Drop Out List Product Performance Report www. elitser. com MIS - Funder Reports 1. Summary of Loan Releases 2. Active Clients Served Per Area Coverage 3. Over All MF Program Status Report (PSR) 4. Schedule of Loan portfolio and Accommodations Elitser IT Solutions India Pvt. Ltd.

MIS-Management Reports 1. Listing of Loans 16. Unit Monthly Summary 2. Savings Listing 17. AO Monthly Summary 3. Delinquency Report 18. Daily Collection Sheet 4. Portfolio At Risk(PAR) 19. Monthly Beginning Balance Savings 5. PAR by Ageing and Business Activity 6. PAR by Loan Amount and Business Activity 7. Loan Profile by Gender 8. Interest Collected by MF Unit 21. Pass Book 9. Performance by AO (Field Officer) 22. Monthly Report on Loans & Loans Per Group 20. Monthly Beginning Balance Savings & Loans Per AO 10. Demand Statement 23. Monthly Report on Savings 11. Ageing by Member 24. Loan Disbursement Master roll 12. Savings Defaulters Statement 25. Loan Application 13. Schedule of Micro Finance Loans 26. Cash Book Payment Side 14. Client Status Report 27. Cash Book Receipts Side 15. Monthly Report www. elitser. com Elitser IT Solutions India Pvt. Ltd.

Fund Planning This module helps the organization to plan their funds flow based on certain parameters. Fund planning can be planned either Group Wise or Unit Wise. Fund Planning: 1. Projections 2. Projections Vs Actuals 3. Surplus/Deficit www. elitser. com Elitser IT Solutions India Pvt. Ltd.

Other Features Security – User Manager Security – Role & Rights Manager Configuration: • GL Configuration • Parameters Configuration • Audit Trial Configuration • User Defined Label Captions www. elitser. com Elitser IT Solutions India Pvt. Ltd.

e od lin On e. M MFSE Application Member Details Loan/Savings Acc Details Demand Information Synchronize with Device Upload Data to Device Extract Data from Device www. elitser. com Off Line Mode Online Mode Integration of Other Devices D E V I C E I N T E R F A C E Hand Held Devices Off Line Mode Request Demand Info. From Sever(If Online) Display Demand Details Record Collections Issue of Receipts Synchronize with Server Upload Data to Server Elitser IT Solutions India Pvt. Ltd.

Export/Import Overview Data Transfer (CD/Floppy/Internet) Periodic Reporting Import Data Configuration (Head Office) (Branch Office) Export Data to HO Folders Daily Transactions Export Data Configuration Import Data from Branch Folders Consolidated Reports Generation Repetitive Activity One Time Activity www. elitser. com Elitser IT Solutions India Pvt. Ltd.

Data Porting For further details contact@elitser. com www. elitser. com Elitser IT Solutions India Pvt. Ltd.