Microfinance Software
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Microfinance Software

112 million+
112 m+

transactions per month


installations worldwide


branches served

Microfinance Software

More powerful than a banking solution

It is a software solution suite that helps microfinance institutions evolve into banks – it includes products from core banking to financial inclusion

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hybrid microfinance software

Operate in Hybrid Mode

We know how fancy it sounds to be completely online. But how realistic is it? Are ALL your branches online? What happens to those who can’t at all?

Portfolio Transfer

Branch reached the highest beneficiaries? For our competitors It takes a few months. For us, just a click away.

Incase of branch overload, increase or divide the scale and size of your MFI with smooth and easy data transmission. Transfer a large number of customers and their portfolio from one branch to another within minutes.

portfolio transfer
Regulatory Body friendly micro finance software

Regulatory Body Friendly

Our dynamic reporting tool lets MFI clients produce financial reports in various formats that are in alignment with every regulatory body. Eliminate the need to manually prepare reports on Excel altogether and avoid the double work.

Branchless Banking

Send your field officers to collect loan repayments and deposits in remote areas using our mobile application Smart Collect. The android based application in a unique registered mobile device allows you to reduce manual entry at field and unit levels.

Low bandwidth? No problem

Continue uninterrupted operations. Simply update your collections on the device that syncs automatically when connected to the Internet. Lose no information.

branch-less banking
360 reporting for microfinance


Deep dive into your own and client KPI data for insightful information

Agent Banking


Expand your outreach in the absence of a brick and mortar infrastructure

open technology


Get higher flexibility since our solution is developed in Java and runs on Windows and Linux

All the features you need to thrive

How Can We Help You?

We can help you from automating your HR to implementing ERP for your organization


This software is a modular and component based solution. Currently, the product has a total of 18+ independent modules


Mandatory Modules

Sets up operational policies for all modules, including the Security & Administration Module

Sets up chart of accounts and loan and deposit products for the organization

Sets access rights for all the users of the system

Allows all housekeeping processes (e.g. end of day, weekend setting, daily back up etc.)

Dual control over all system administration functions

Automatically manages multiple currencies into base currency

Generates standard financial statements such as balance sheet, income statement, cash flow statement, etc. by total overall organization, branch or project

Provides funding source-wise financial reports


Banking Modules

Allows setting up of different types of contacts (e.g., guarantors and nominees) and customers (e.g. individual, partnership, group and corporate customers)

Creates new field dynamically if necessary for KYC (Know Your Customer)

Sets up customer management by branch, center, group and/or group member

Allows users to buy and sell foreign currency as per the organization’s currency rate setup

Generates collection and disbursement sheets and updates batch-wise data for Microfinance organizations

Processes cash and cheques deposits under a single transaction

Supports current deposits, savings deposits, short-term deposits, recurring deposits and fixed deposits

Supports different business policy-wise interest calculations

Sets up interest rates according to product, slab or account type

Supports all types of term and continuous loans

Supports different repayment methods for term loans including one-time payment loans

Customize interest rates by variable or fixed interest rates for individual customer

Restructure and reschedule loans by customer or group

Sets up loan collaterals of every type for Microfinance Institutions 

Allows the management of collateral coverage

Enables revaluation of loan collaterals

Provides cheque requisition, printing and delivery instructions and cheque book issuance to microfinance customers from the system

Allows managing and cashing of cheques from own and other banks

Prevents duplicate borrowing from multiple branches by single customer. Maintains authenticity through voter ID, photo identification and signature

Manages both life, non-life (general) and mixed (life and non-life) insurance

Sets up different business policy-wise insurance products

Allows setting up of benefit type and facilities available under each policy, e.g. ‘health benefit’ includes treatment for minor illness, doctor visits, medicine, hospital bill etc.

Delivers request from product service officers (field officers) for new money receipt books, gets online approval and receives delivery of money receipt books for field operation

Maps money receipt numbers to each transaction


Remote Modules

​Allows balance enquiry, printing account statements, transfer of funds from account to account (including account of other customers) and requests for cheque books

This Android based mobile application allows product service officers (field officers) to collect loan repayments and deposits in remote locations using a unique registered mobile device, replacing collection sheets

Directly acquires, tracks and serves customers through the Internet in the absence of a brick and mortar banking infrastructure

Is platform independent- can run in all operating systems since its developed in Java, Java EE and MySQL

Pre-configured processes allow fast roll-out of branchless banking

Customer authentication by EMV-based cards and/or thumb print authentication

ADC gateway is the central control gateway for Internet banking, Branchless banking & Agent banking


Tracking & Monitoring Modules

Allows loan impact analysis to be done by funding source, i.e. each individual’s social impact from a loan can be traced back to a specific donor’s fund

Large number of standard financial and MIS reports by branch, a combination of branches, regions, and overall organization

Allows deep data mining and customized analysis for trends by Microfinance Institutions branch, region, customer group, product type, etc.

How Can We Help You?

We can help you from automating your HR to implementing ERP for your organization

case studies

Check out all our case studies to learn more how we are helping our clients & how far they have gotten with us.

Microcredit organization BRAC

How we have helped the world’s largest development organization


Microfinance Software

Southtech, since its inception has played an active part in the cause of financial inclusion. Southtech’s very first software was developed to enable MFIs to bring microfinance services to the ultra-poor.

Through our software we could determine that 90% of household received healthcare across hard to reach regions

Estimated Money saved on paper cost and operational cost

In 1996


In 2018


Myamar microfinance beneficiaries

Meeting your needs ahead of deadlines

Pact global microfinance in Myanmar

Southtech won the bet!

Pact Global Microfinance Fund, Myanmar (PGMF), is the longest-serving NGO in Myanmar that required complete automation of paper-based operations of their 192 branches. While 2 other foreign companies failed the implementation after 2.5 years, Southtech completed it in a span of 7 months by employees in Bangladesh and Bhutan.

Our delivery date was challenged and a friendly bet ensued between PGMF and Southtech’s management teams. If Southtech failed to deliver on time, PGMF would fine $500 for everyday delayed and vice-versa.

Southtech won the bet!


21 days early

Received an

Extra $10,500

want to see demo of our Microfinance Software?

We would love to give you a demo if we are a right fit after our quick 1st phone meeting. Send a request today!

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