Easing microfinance with software business
Crystal Clear Software Limited deals in developing and marketing a micro-finance software programme called Loan Performer.
It is a widely used Management Information System in the micro-finance sector that started in 1998 as a one man business with a single client. Today, it boasts of 320 clients from all over Africa with over 700 installed sites in 50 different countries including Uganda.
According to Mr Verkoijen: “Loan Performer (the company’s signature software) is the leading micro-finance product in Africa, whether it is in the Sahara desert or deep in the bush in Congo, you will find organisations using our software”.
The Loan Performer scheme has modules for:
It has been translated into English, French, Spanish and Russian by the company itself and there is also a Portugese version, developed by local partners.
The software enables everything to be automatically booked into the general ledger and at the end of the day, the user simply prints the trial balance or income and expense statement.
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