Microfinance Management is an Odoo loan management app for microfinance institutions that need to organize client onboarding, loan approvals, disbursements, repayments, field collections, and portfolio risk. It supports individual and group lending, with configurable features for JLG and SHG operations.
Client Onboarding and KYC
• Maintain client profiles in Odoo Contacts with occupation, income, and identification documents such as Aadhaar, PAN, voter ID, national ID, or passport.
• Track KYC verification status and document expiry.
• Optionally block new loan applications until client KYC is verified.
Branches, Centers, and Group Lending
• Organize branches, centers, and loan officers within the institution.
• Create joint liability groups (JLG) and self help groups (SHG), manage group members and relationships, and record center meetings and attendance.
• Configure minimum group size requirements before loan activation.
• Disable group lending when the institution handles individual loans only.
Loan Products and Approval Workflows
• Configure individual, group, and JLG loan products with flat or declining interest calculations.
• Set weekly, biweekly, or monthly repayment schedules.
• Manage loan applications through review, credit committee approval, acceptance, or rejection.
• Disburse approved loans and generate their repayment schedules.
Repayment Collection and Field Operations
• Record repayments against due installments using cash, bank, or UPI payment methods.
• Enable bulk collection in the backend for operational efficiency.
• Let field officers access due installments and submit collections through a browser based portal.
• Capture optional GPS coordinates and proof images during field collection.
• Track overdue installments and coordinate follow up activities.
Portfolio Risk and Delinquency Monitoring
• Monitor days past due, aging, and configurable PAR 30 and PAR 90 indicators.
• Receive risk alerts and create follow up activities after missed payments.
• Use write off and restructuring workflows when required.
• Review outstanding balances, disbursements, collections, and portfolio risk through the Control Tower.
Optional Savings, Collateral, and Accounting
• Enable savings accounts, collateral, and guarantor records according to the institution's lending process.
• Configure optional accounting journal entries for loan disbursements and repayments.
• Keep the loan book on dedicated loan and repayment schedule records, whether or not accounting posting is enabled.
Borrower Portal and Management Reports
• Let borrowers view their own loans and balances when the borrower portal is enabled.
• Generate operational PDF reports for portfolio aging, loan registers, disbursements, collections, outreach, repayment schedules, sanction letters, and loan cards.
• Review operational indicators to support branch supervision and portfolio monitoring.
Compatibility and Requirements
Supports Odoo 19 Community and Enterprise on Odoo.sh or on premise deployments. Required technical dependencies include Base, Mail, Contacts, Accounting, Web, Portal, Website, and Geolocalization.
Product Scope
Microfinance Management is designed for microfinance lending operations, not as a complete retail banking core. It does not include direct credit bureau integration or government ID verification APIs. Field officers use the browser based portal rather than a separate native iOS or Android application. Accounting journal entries must be enabled in settings when required.
