A Secure Computerised Loan Management System A Case Study Of Pride Microfinance Bankrukungiri

ABSTRACT

A secure computerized loan management system (COLOMAS) is a system that has been built

with the objective of providing operational support to the asset side business lines of Pride

micro-finance Rukungiri Branch. It is a loan serving system that is designed to handle life cycle

of loan post origination until termination.

Data capture, storage, retrieval and during loan processing are sensitive activities. A secure

computerized loan management system is vital for such activities for accuracy and safe storage,

easy and quick capture of data, fast and safe retrieval and updating the data.

This solves the problem of inflexibility, insecure data storage and managing officers have a

reason to be confident of the credibility and accuracy of the loan processing in a bank. Any

unauthorized personnel cannot access the data for any changes while using a computerized

management system as compared to a manual filing system. The system auto generated reports

give an easy and clear way of auditing the system. It is therefore a need for any financial institution that as part of its services gives loan contract services to its customers, to get a secure computerized loan management system.