Accounting made simple for SACCOs and Microfinance.
You know your business in and out, but you are not a computer. We bring you the automation, limitless customization, ease of use bundled with lots of reports
Everything you need to run your savings and loans.
We bring you all the features with a great user experience in mind.
Create loan products with all the types of options that you know, start lending, get the reports
Simplify everyday business tasks.
Because we believe that you would rather be out there looking for more business than spend days figuring out your arrears aging
Reporting
In savings and credit, reporting is everything
Out of the box, we bring you the common reports that we know you will definitely need. Along the way you may want more reports. We provide you with functionality to add them.
Customizations
You probably want more data about your clients and their loans,etc
We provide you with this flexibility without compromising your user experience. With our DATATABLES feature you can add more fields about your entities without breaking a sweat.
Integrations
Integrate with service providers like SMS, SAFARICOM, MTN or Airtel
It is expected that you may need messaging services, payment gateway integration. We provide interfaces for all this. Simply let us know
In savings and credit, reporting is everything
Out of the box, we bring you the common reports that we know you will definitely need. Along the way you may want more reports. We provide you with functionality to add them.
You probably want more data about your clients and their loans,etc
We provide you with this flexibility without compromising your user experience. With our DATATABLES feature you can add more fields about your entities without breaking a sweat.
Integrate with service providers like SMS, SAFARICOM, MTN or Airtel
It is expected that you may need messaging services, payment gateway integration. We provide interfaces for all this. Simply let us know
Get started today
It’s time to automate your workflow with flexibility. Use BANKAYO with your existing Fineract/Mifos instance or let us handle everything on your behalf.
Loved by the customers.
Here are a few remarks from the customers we have worked with.
Before BANKAYO, we used manual books to maintain our SACCO transactions. This was inefficient and had many challenges. Members and auditors did not trust our methods. Generating reports was cumbersome and expensive. With BANKAYO, we have efficiency. Maintaining records is easy, our reports are accurate and easy to retrieve. Members can check the status of their accounts without calling me. I now have more time to teach and do other things.
Nsibambi GeoffreyTreasurer at MOTHERCARE P/S SACCO
At Lake Victoria Serena Staff SACCO, we started by using Excel to manage our transactions. After sometime analysis of transactions became difficult. Reporting and other member services were delayed. This stopped when we started using BANKAYO. Our members also enjoy the Self Help App which enables them to view the status of their accounts on the their devices in real time.
Sserwanga StephenAccountant at Lake Victoria Serena Sacco
Ease of use: The system is easy to navigate.
Speed: The system speed is okay.
Visual interface: The visual interface is okay.
After sales service: Good response time and timely closure of requestsKiconco FlaviaVice Chairperson at Centurion SACCO
Simple pricing, for all setups.
It doesn’t matter what size your business is, BANKAYO will work well for you. These prices are for the UI only.
Small sized SACCOs
Start here and grow along the way
$50/month
- Free training and support
- Up to 3 branches
- 1 month free
- Initial setup and data entry
Medium sized SACCOs
Perfect for small / medium sized SACCOs.
$100/month
- Free training and support
- Up to 8 branches
- 1 month free
- Integration with emails messaging
- Addition of more reports on demand
- Bulk transactions upload
- Ongoing consultancy
Enterprise
For Micro-finance Institutions
$200/month
- Free training and support
- Up to 12 branches
- Integration with email messaging
- Additional reports on demand
- Ongoing consultancy
- Integration with SAFARICOM
Frequently asked questions
A few questions have popped up in the recent past.
Where is my data hosted ?
Well, that is entirely up to you, Fineract and the data can be hosted on any server of the customer's choice. The customer may also entrust us with this responsibility.
Where is the UI hosted ?
In most cases, the UI will be hosted on our servers and integrated with your Fineract backend but there is also an option to have the UI hosted on a server of your choice.
Is there an option to make an one off payment for everything?
Definitely, simply contact us so we can discuss your project.
Can BANKAYO/Fineract be integrated with other services like SAFARICOM?
Yes of course. We already have customers that are using such integrations.
Can existing reports be customized?
Definitely, all reports can be customized to the customer's liking. In fact the customer even has the provision to add more reports.
What is the maximum number of clients the Fineract/BANKAYO can handle ?
Fineract has been tested in environments with millions of customers, so if your customers are in millions, you are in good company.
Can we upload transactions instead of adding one by one ?
Definitely, BANKAYO has upload tools for uploading savings deposits and may other entities.
Is there an accounting module?
Yes, BANKAYO/Fineract comes with fully fledged accounting module that can be used for so many functions.
Who manages our configurations?
We train you on how to do this so you can do it yourself, you can also delegate this to us.