Core banking for microfinance
One platform to run your entire MFI.
Lending, accounting, cash, compliance and reporting in one connected system, for head office, the branch and the officer in the field, with or without signal.
In daily use at microfinance institutions in Zimbabwe.
- Accounting that posts itself
- Works offline in the field
- Two-person approval on key decisions
- Multi-currency and multi-branch
The cost of running on fragments
Every manual workaround is a loan you didn't write.
The answer isn't more staff. It's one system where every piece of work is done once.
Everything keyed twice.
Each disbursement and repayment is entered again into the accounting system, and reconciliation never ends.
No single version of the truth.
Client records, loan schedules, payments and the ledger sit in different files, so nobody fully trusts the numbers.
Compliance on the side.
Screening and regulatory returns are assembled by hand, and are hard to evidence when the examiner asks.
Blind until month-end.
Portfolio at risk, cash position and officer performance are pieced together after the fact, when it is too late to act.
One platform, not six tools
Record the loan once. The system does the rest.
When an officer disburses a loan or takes a repayment, SwiftlyMFS posts the journals, accrues the interest, applies your controls and updates the portfolio - with no re-keying and no reconciliation spreadsheet.
USD 106.55
- Loan
- LN-000088 - Ropafadzo Masuku
- Receipt
- 300149
- Officer
- Nyasha Mlambo, Bulawayo
Journal posted
Cash in, loan balance down, interest earned.
Instalment settled
The schedule and arrears are up to date.
Cash recorded
Held against the officer until it is handed in.
Dashboards current
Book size, PAR and officer reports.
Automate the routine.
Overnight, the system accrues interest, ages arrears, calculates provisions and prepares statements before your team arrives.
See your position live.
Portfolio at risk, book size, cash position and officer productivity are current all day, and every report line opens to the transaction behind it.
Grow without re-platforming.
Multi-branch, multi-currency and multi-country from day one, with each currency kept in its own books.
One login, every function
A complete core system, not a loan tracker.
Six connected modules cover the whole institution, from a client's first KYC document to write-off and recovery.
On the phone, for every role
The whole institution, on the phone in their pocket.
SwiftlyMFS installs from the browser like an app, with no app store, and gives each person the screens their role needs.
Installs in two taps
Added to the home screen from the browser on Android or iPhone. Updates arrive on their own, so every branch runs the same version.
Alerts that reach people
Approvals and compliance alerts reach the right person, in the app and as notifications.
The same controls
Every screen follows the person's role and permissions, over the same encrypted, fully audited system.
Ask Swiftly
Ask in plain words. Get the answer from your own data.
Swiftly is built into SwiftlyMFS. Staff ask which loans are late, what is due today or how to do something, and get the answer in seconds, from your own records.
Only what their role may see
Officers hear about their own book, managers about their branch - the same permissions as the rest of the platform.
It reads, it never changes
Swiftly looks things up and explains them. It can't approve, post or change anything.
Help from your own manuals
How-to questions are answered from the manual for the person's role.
Under your control
Set how many questions each person may ask a day, or switch it off.
Asked: Which loans are behind? Swiftly answers: 4 loans are more than 30 days late, with USD 5,764 still owed. The furthest behind is LN-000040 (Kudzai Moyo): 198 days late, USD 1,118.81. Asked: How is the loan book today? Swiftly answers: The USD book is $125,362, up 7.3% on a month ago, with 4.6% of it 30+ days late. In ZWG it is 497,328, up 10.0%, with nothing late.
Cash control in the field
Know where every collection is, from the borrower's hand to the vault.
Cash collected in the field is where microfinance institutions lose money. SwiftlyMFS ties every collection to a paper receipt, a named officer and a time, so cash held too long stands out the same day.
A daily collection sheet by officer, measured against what fell due.
Collected
Receipt books are issued to each officer by name. Every number is checked, and none can be used twice.
Entered
A receipt entered late, or out of sequence, needs a manager and a written reason - on the record.
Held
Cash an officer is holding is recorded against them until it is handed in.
Counted
Till cash-ups flag variances, which are approved and posted.
Moved
Cash between branches and strongrooms is tracked in transit.
Switching, made manageable
Move your whole book over. We do it with you.
Leaving a legacy system or a set of spreadsheets shouldn't be a leap of faith. A guided wizard brings your whole book across.
01
Upload
Your clients, loans, balances and repayment history, from your old system or spreadsheets.
02
Match
The wizard suggests how your columns map to ours. You confirm.
03
Preview
A dry run shows what will be created and flags problem rows. Nothing reaches your ledger until you approve.
04
Import
If a batch isn't right, undo it in one step and try again.
We do it with you
Our team helps with data preparation, mapping and checks, and stays with you through go-live.
Everything included
One platform. Nothing to add on later.
- Lending and portfolio
- Accounting and general ledger
- Compliance and controls
- Cash and teller
- Client and KYC
- 30+ built-in reports
- Offline phone app
Many platforms sell the core and charge for the rest. Everything described on this site is part of SwiftlyMFS from day one.
Get started
See how SwiftlyMFS would run your institution.
Book a 30-minute demo. We'll work through scenarios from how your MFI runs today.
No commitment.