Client : Stara Microcredit

Date: 20 July 2020

Stara Microcredit, a trailblazing micro-credit institution, is dedicated to providing timely financial solutions to women in micro and small enterprises. Committed to breaking down barriers, Stara Microcredit focuses on increasing women entrepreneurs' access to funding and market opportunities. As part of its holistic approach, the institution aims to promote gender-diverse leadership and enhance women's access to education and financial literacy through targeted training and networking opportunities.

The Challenge: Bridging Financial Gaps for Women Entrepreneurs

Understanding the unique needs of women in micro and small enterprises, Stara Microcredit sought a robust system that could facilitate seamless financial management and empower both office and credit managers. The challenge was to create a system that streamlined loan reviews and group membership tracking and provided an accessible platform for individual members to manage their accounts.

Our Solution: A Comprehensive Back-End System and User-Friendly Mobile Access

Razor Informatics partnered with Stara Microcredit to develop a comprehensive back-end system for office and credit managers. This system provides a centralized platform for efficiently reviewing loans and monitoring group memberships.

Back Office System:

    Streamlined Loan Reviews: Office and credit managers can efficiently review loan applications and manage the membership details of groups, ensuring a seamless and organized workflow.
    Enhanced Data Management: The system enables secure storage and retrieval of crucial data, facilitating informed decision-making and strategic planning.

Member Accessibility:

    USSD Access: Members have the convenience of accessing their accounts through a USSD interface, providing a simple and accessible way to check balances, review transactions, and manage financial activities.
    Mobile App on Google Play Store: The mobile app, available on the Google Play Store, offers a user-friendly interface, empowering members to navigate their accounts, apply for loans, and stay informed about financial opportunities on the go.