SACCO.Savings and loans, in order.
A management system for savings and credit cooperatives. Members, savings, loans and financial reports in one place, for the people who run the cooperative and the members who use it.
- 1 Register the member
- 2 Apply for a loan
- 3 Review and approve
- 4 Track repayments
What it does.
For the administrators who run the cooperative day to day.
- 01
Member management
Register, approve and manage member accounts and profiles.
- 02
Loan processing
Review applications, set terms, approve or reject loans, and track repayments.
- 03
Savings and shares
Configure saving plans, share capital and dividend distribution.
- 04
Financial reporting
Generate balance sheets, income statements and audit-ready reports.
- 05
Notifications
Send alerts for due payments, approvals and announcements.
How it works.
From a new member to an audit-ready report.
- Step 1
Register members
Add members, approve their accounts and keep profiles up to date.
- Step 2
Set up savings
Configure saving plans, share capital and dividend distribution.
- Step 3
Process loans
Members apply online. You review, set terms, and approve or reject.
- Step 4
Report
Track repayments, then produce balance sheets and income statements.
Who it’s for.
Savings and credit cooperatives of any size.
Cooperatives that want every balance and every loan on the record.
- Cooperative administrators
- Members who save and borrow
- Cooperatives small and large
For members.
What members can check and do on their own.
Account dashboard
Savings balance, loan status and transaction history at a glance.
Loan applications
Apply for a loan and follow its approval status online.
Savings tracking
Contributions, interest earned and withdrawal history.
Statements and receipts
Download transaction statements and payment receipts.
Set up your cooperative.
Ask about SACCO
contact@recitelabs.comOr call Recite Labs
+251 925 287 357