Meek Africa: one platform for the whole lending lifecycle

01

The situation

Loan books on spreadsheets and paper

Microfinance institutions manage complex loan portfolios on spreadsheets, paper ledgers and disconnected software, and credit officers spend much of their day on administration instead of borrowers.

• Missed follow-ups and slow disbursements
• Little portfolio visibility for lenders and investors
• Manual, error-prone regulatory reporting

02

What we built

The lending lifecycle on a single platform

Meek Africa systematises every step from borrower onboarding and KYC to collections, and is built for how microfinance actually works: variable interest, group lending, many branches and low bandwidth.

• Application intake, credit assessment and approval workflows, with underwriting rules by product, segment and risk tier
• Repayment monitoring with SMS and email notifications, arrears escalation and collections dashboards that reduce defaults by up to 40%
• Portfolio dashboards for disbursements, balances, PAR and collections, with reports exportable for regulators and investors
• Borrower records with KYC documents, credit history, guarantors and collateral, and an audit trail per borrower
• Flat-rate, reducing-balance and compound interest, with product templates for term, grace period, fees and penalties
• Branch-level access, head-office reporting and multi-currency ledgers

03

How it runs

How it runs day to day

• Credit officers work applications through configurable approval workflows
• Borrowers get repayment reminders by SMS and email; arrears escalate on rules
• Head office sees every branch in one consolidated report