Industries
Zenus Banking Pro for Microfinance Institutions
Full branch banking for licensed MFIs and other deposit-taking institutions
Tellers and tills, savings and current accounts, fixed deposits, loans with amortised schedules and a general ledger that produces the trial balance, balance sheet and profit and loss for any period, with the figures your monthly returns require.
Licensed microfinance banks and other deposit-taking microfinance institutions get a complete branch banking core. Every posting is double-entry and booked to the customer's branch, head office sees the consolidated books live, and the statements your monthly returns to the regulator require come straight from the same ledgers.
Maker-checker on every approval, a full audit trail, closed accounting periods and a controlled backdating window give your auditors and the regulator what they expect.
Solutions
What Microfinance Institutions use most
Core Banking Solution
The branch banking core: customer profiles with any number of accounts, account opening with approval, teller cash deposit and withdrawal, tills and vault control, balance enquiry and statements.
Learn more →Transaction Processing
Real-time posting for cash, transfers, multi-credit and multi-debit batches, standing orders and bulk charges, hardened against duplicates, retries and concurrent tellers.
Learn more →General Ledger (Financial Accounting)
Chart of accounts, journals with approval and reversal, trial balance, balance sheet and profit and loss for any period, bank reconciliation, expenses and period closure.
Learn more →Credit & Loan Solution
Flat-rate and reducing-balance loan products, application to disbursement workflow with maker-checker, amortised schedules, guarantors, manual and automatic repayment, offset and arrears monitoring.
Learn more →Risk Management & Compliance
BVN and NIN verification with match scoring, credit bureau checks, account blocks, backdating controls, closed accounting periods and the figures your monthly CBN and NDIC returns need.
Learn more →Reporting System & Data Analysis
Account statements, customer and loan ledgers, teller summaries, financial statements, receipts, certificates and marketer performance exports, plus a live dashboard of the day's activity.
Learn more →Also for: Cooperatives, Thrift & Daily Contribution · Fintech & Consumer Lenders
See Zenus Banking Pro on your own numbers
A live demonstration on a sandbox with sample data, then a free two-day data assessment for a fixed go-live date.
Prefer WhatsApp? Chat with us