FAQ
Frequently Asked Questions
Explore our knowledge base below to learn more about all the functionalities of the Microlender platform.
Microlender is a cloud-based, multi-branch, multi-currency, multilingual back-office software designed to help microfinance lenders, credit unions, and co-operatives manage accounts, loans, deposits, withdrawals, and online transactions efficiently.
Microlender supports various account types, including savings accounts, fixed deposits, and member accounts, allowing institutions to customize financial services for their users.
Yes, Microlender features a loan management module that enables lenders to issue loans, track repayments, set interest rates, and automate loan deductions from member accounts.
Yes, Microlender provides a self-service member portal where members can check their balances, apply for loans, view transactions, and manage their financial activities online.
Microlender allows credit unions to process member deposits and withdrawals securely, track transactions, and generate real-time financial reports.
Yes, Microlender supports online payment gateway integrations, enabling members to deposit funds, repay loans, and withdraw money using digital payment methods.
Absolutely! Microlender is designed to support multi-branch operations, allowing administrators to manage multiple branches from a single system while maintaining separate financial records.
Microlender ensures data security with advanced encryption, regular backups, and secure cloud storage, protecting sensitive financial and member information.
Yes, Microlender allows integration with accounting tools, banking systems, and other financial software to enhance operational efficiency.
Simply sign up for Microlender, choose a plan that suits your organization’s needs, and start managing your lending business seamlessly.