Available now

Cooperative and Microfinance Ledger

For cooperatives, thrift (ajo, esusu) groups and microfinance banks

Members doubt the books when savings and loan balances live in a ledger only one officer understands.

Members, savings, loans and statements, running in two Lagos datacentres.

What most use today

Paper ledgers or a spreadsheet kept by one person.

With the Cooperative and Microfinance Ledger

Every saving, loan and repayment posted with a second person's approval, and members see their own statement.

Does this sound like you?

  • Savings and loans in spreadsheets
  • Members ask for statements
  • Mistakes are costly

What we set up for you

  • Members, savings and contributions, loans with schedules
  • Postings that can't be edited, and a second person approving payouts and reversals
  • Statements and members' own page
  • Two Lagos datacentres by default

From day one, you can

  • Post savings and repayments
  • Print statements

Why it pays: Records members can check themselves, with every change approved by a second person.

Under the hood (for your IT person)

Odoo Community with SCPL's cooperative ledger add-on, on two systems in our two Lagos datacentres. For registered cooperatives and thrift groups now; licensed microfinance banks sign our technology services agreement first.

Every pack runs on your own private system in our Lagos data centres, with full root access if you want it.

Also in finance, logistics and services