This system aims at keeping record of loans given out to clients. When an organization gives out a loan to a customer, this system can help generate a payment schedule depending on the agreed terms, keep track of the payments as they are made and also compute penalties at agreed rates. It stores information about the clients and generates a number of reports as required by the user. Such reports include but not limited to;

1. Arrears
2. Clients due list
3. loan listing
4. outstanding payments
5. PaR
6. Collections
7. Audit trail.