Loan management software for microfinance & SHG lending
Individual lending through a federation structure works today. Joint-liability group lending does not exist yet, and that is a large caveat for most MFIs.
GoDravix handles individual microlending: small loans, frequent repayments, entity-level data scoping across a federation structure, and a ledger that reconciles. What it does not handle is the thing most microfinance institutions are actually built around, joint-liability group lending, with group formation, shared liability and centre meeting collections.
If your book is JLG, GoDravix is not a fit today and we would rather say so in the first paragraph than in the fourth meeting.
What works today
- Individual microloans
Small-ticket term lending with the full lifecycle, approval separation and audit trail intact.
- Federation and branch scoping
Zone-level and entity-level data isolation maps onto a federation, branch or cluster structure.
- Frequent small repayments
Monthly recovery with automatic waterfall allocation; the ledger holds high transaction counts per loan.
- Simple interest
The method most microlending is priced on, with a separate penal rate available.
- Cheque and deduction recovery
Both built-in recovery methods work for institutional microlending where collection is not cash-in-hand.
- Audit trail for social-sector reporting
Append-only, attributed and filterable, useful where funders and regulators both require evidence.
Outside scope for this sector
- Joint-liability group lendingNo group formation, no shared liability, no group-level sanction, allocation or waiver. This is the largest gap for the sector.
- Centre meeting collectionsNo collection sheet, no meeting-based bulk entry, no field officer workflow, no mobile collection app.
- Cash collection reconciliationRecovery is by cheque or deduction. There is no cash-handling workflow with field officer accountability.
- Vernacular interfaceEnglish only. For field-facing microfinance use this is a practical blocker, and it is roadmap.
- Weekly and fortnightly frequencyMonthly, half-yearly and yearly only. Weekly and fortnightly cycles common in microfinance are not supported.
Some of it is built into an engagement, some is genuinely out of scope, and some is development we can quote against your requirement. Which one it is depends on your workflow, and that is a fifteen-minute conversation rather than a guess.
Workflows this sector actually runs
Individual lending through a federation
Each federation or cluster is an entity with its own scoped view of its own loans. The head office sees the whole portfolio; a cluster sees its slice; the Auditor sees everything read-only.
High-frequency repayment recording
Repayments allocate down the same waterfall every time, and the running ledger holds the full sequence with the balance after each. A loan with sixty small repayments is as traceable as one with four.
Reporting to funders and regulators
Outstanding, Repayment and Overdue reports export to Excel for onward reporting, and the append-only trail supports the evidence requirements that come with concessional or grant-linked funding.
What you would still do outside the system
Group formation and tracking, centre meeting collection sheets, field officer cash reconciliation and any weekly repayment cycle. All of it stays in whatever you use today, because none of it exists in GoDravix.
For this sector
GoDravix models loans individually today. Group formation, shared liability, group-level sanctioning and group waivers are a different data model rather than a missing screen, and they sit on the roadmap without a published date.
For a conventional JLG institution that is a fundamental mismatch, not an inconvenience, and worth knowing before anyone books a demo.
Monthly, half-yearly and yearly today. Weekly and fortnightly cycles (which a great deal of microfinance runs on) are roadmap.
GoDravix is a web application built for office use, so field collections are entered afterwards by an operator. A mobile collection app with offline capability and a field officer workflow is roadmap.
When the lending is individual rather than group-based, recovery is monthly rather than weekly, collection happens by cheque or deduction rather than cash in the field, and the priority is a defensible ledger and audit trail for funders and regulators. Apex and wholesale microfinance lenders who on-lend to MFIs rather than to end borrowers are a considerably better fit than retail MFIs.
See it on a book like yours
We demo the live production deployment. Bring the workflow you think will break it.
45 minutes | On the live deployment | A straight answer on fit