Loan Management Software for Chamas, SACCOs and Table Banking Groups
Frostwood’s Loan Management module helps groups manage the full loan cycle from application to repayment. It gives officials a structured way to process requests, record guarantors, and track repayments.
The Problem: Loan Management Challenges
Without a proper system, loan management is opaque. Tracking who guaranteed whom, interest accumulation, and overdue balances across dozens of members is a recipe for financial leakage.
Why Kenyan Groups Trust ChamaBooks for Loan Management
How Loan Management Integration Works
Members apply for loans via the portal specifying amount, purpose, and term.
Guarantors are assigned and must approve the request digitally.
Credit committees review the application based on the member's savings-to-loan ratio.
Upon approval, funds are disbursed and a repayment schedule is generated.
Repayments are tracked automatically as they arrive via M-Pesa or bank.
Approval Workflow
Multi-stage approval process for chairperson and treasurer.
Guarantor Tracking
Monitor how much of a member's savings is tied up in guarantees.
Interest Calculator
Supports reducing balance or flat rate interest models.
Overdue Alerts
Automated SMS/Email reminders for upcoming or late repayments.
Loan Management Capabilities
Bank-Grade Security
Our loan module includes a full audit trail. Every approval, rejection, or payment edit is logged with a timestamp and user ID to prevent fraud.
Frequently Asked Questions
Ready for Better Group Management?
Deploy ChamaBooks Loan Management tools to build a transparent and scalable group financial system.