Prograte Finance: SACCO, Loans

Prograte FinTech

About this app

Prograte is one app for SACCOs, lending companies and buy-on-credit businesses, and for their members, borrowers and customers. Manage savings, shares, loans, credit sales and mobile money payments in one place.

For SACCOs, microfinance and lenders
• See what needs your attention today: membership applications, loan approvals, withdrawal requests and repayments due
• Members and clients: register people, capture ID and KYC, guarantors and collateral
• Loans: apply, approve, disburse and follow every instalment with clear repayment schedules
• Savings and shares: deposits, withdrawals, share capital, transfers and dividends
• Collect by mobile money: send a payment request to a member's MTN MoMo or Airtel Money number
• Portfolio quality and prudential ratios: PAR 30, core capital, liquidity and provisioning at a glance
• Accounting and reports: journals, ledgers, trial balance and returns
• Branches, staff roles and permissions
• Join requests: people looking for a SACCO or lender can find you and ask you to call them

For members, borrowers and customers
• Check your savings, shares and loan balance any time
• Know your next instalment and pay from your phone with MTN MoMo or Airtel Money
• Keep a record of every payment and download statements
• Buy phones, TVs, solar and more on credit and see what is left to pay
• Not a member yet? Find a SACCO or lender, see what they offer and what you need, and ask them to call you

Built for Uganda
Amounts in UGX, mobile money built in, and screens designed for SACCOs, cash lenders and credit sales shops.

Questions or a demo for your SACCO? Email [e-mail] or visit progratefinance.com.

What’s new

What's new
• Custom loan fees: add as many fees as you need to loan products and loans, with quick templates (processing, application, insurance, CRB, legal and more).
• Renew your subscription early as many times as you like. Your current plan keeps running and upcoming periods show their dates.
• Administrators get a reminder 5 days before the subscription ends.
• PDFs open inside the app, plus new loan, credit and accounting reports.
• Faster sign-in.