Members, savings and loans — kept to the standard regulators expect.
Core software for SACCOs and micro-lenders: member accounts, share capital, loan appraisal and repayment, and M-Pesa reconciliation — with reporting built for SASRA from the start.
The problem
Growth is punishing a system built on Excel.
A SACCO that started with a few members and a spreadsheet eventually hits a wall: interest that doesn’t add up, repayments no one can trace, and statutory reports that take days to assemble by hand. Halisi replaces the spreadsheets with a proper member and loan book.
- Member and share registers kept in scattered spreadsheets
- Loan interest and penalties calculated by hand — and disputed
- Repayments that can’t be tied back to the right member
- SASRA and statutory returns that swallow days each cycle
- No audit trail when questions are asked at the AGM
What it does
Everything the job actually needs.
Every member, their shares, deposits and history in one authoritative record — not five versions of a spreadsheet.
Define your own loan products, appraise applications against savings and guarantors, and generate repayment schedules automatically.
Interest, penalties and rebates are computed by the system to the same rule every time, so the numbers hold up under scrutiny.
Members pay to the SACCO’s own paybill and the system matches each payment to the right member and loan on its own.
The reports and returns regulated SACCOs must file are built in, so compliance is a click, not a fire drill.
Member statements, dividend runs and year-end summaries generate cleanly, ready for the AGM.
How it works
Simple to run, from day one.
Load your members, shares and balances — we help migrate cleanly from your spreadsheets or old system.
Configure interest, terms, penalties and appraisal rules the way your SACCO already runs them.
Approve a loan and the repayment schedule is generated and tracked automatically.
Repayments match themselves against members; statutory and member reports are ready on demand.
Who it’s for
Built for teams like yours.
- Deposit-taking and non-deposit-taking SACCOs
- Investment groups scaling into a SACCO
- Micro-lenders and credit-only institutions
- Welfare and table-banking groups outgrowing the notebook
Questions
Straight answers.
Is it built for SASRA compliance?
Yes. Regulated SACCOs must report to SASRA, and the reporting is designed around those requirements. We keep it current as rules change.
Can you migrate us off Excel or another system?
Yes — clean migration of members, shares, savings and loans is part of the engagement, with checks so nothing is lost.
How does M-Pesa fit in?
Members contribute and repay through the SACCO’s own paybill; the funds stay with the SACCO and the software records and reconciles them.
For a smaller chama or table-banking group, is there a lighter option?
Yes — that’s exactly what Halisi Ledger is built for. See the live Ledger demo, and we’ll point you to the right fit for your size.