Our Products – Built for SACCOs
Mertrix provides a full-featured suite of tools specifically designed to simplify, automate, and grow SACCO operations. Each module is designed with real SACCO challenges in mind — from loan processing and member onboarding to digital payments and reporting.
1. Loan Management
Streamline the entire loan lifecycle—from application, approval, and disbursement to repayment tracking and penalty enforcement. Mertrix supports multiple loan types, interest models (flat rate, reducing balance), and automated calculations for interest, fees, and balances. Members can track their loan status in real time.
2. Savings & Shares
Allow members to save securely while tracking their contributions and share ownership. Support for mandatory and voluntary savings, dividend distribution, and savings-linked loan eligibility. Set saving rules, automatic deductions, and withdrawal limits.
3. Investment Management
Manage group investments in real estate, agriculture, or businesses with tools to track capital, ROI, and member allocations. Generate performance reports and keep members informed about their earnings or share value.
4. Member Onboarding & KYC
Digitally register new members with ID verification, photo uploads, next of kin, and member category tagging. Streamlined Know-Your-Customer (KYC) processes to meet regulatory compliance and maintain clean records.
5. Wallet & Digital Transactions
Every member gets a digital wallet for saving, sending, and receiving money. Transactions are recorded instantly with real-time balances. SACCOs can disburse loans or dividends via the wallet and integrate with mobile money channels.
6. Automated Communication
Keep members informed through SMS, email, and in-app notifications. Send loan reminders, meeting alerts, and financial statements automatically. Create templates for faster communication.
7. Mobile Money Integration
Seamlessly integrate with platforms like MTN Mobile Money, Airtel Money, and other fintech providers. Enable direct deposits, withdrawals, loan repayments, and mobile wallet top-ups without visiting SACCO offices.
8. Reports & Analytics
Access real-time dashboards, financial statements, member activity logs, and loan performance reports. Download reports in PDF or Excel formats. Monitor growth, liquidity, delinquency rates, and much more.
9. Third-Party API Access
Extend Mertrix by integrating with CRBs, external financial apps, government systems, or banks. Our secure APIs allow you to build or connect additional services like credit scoring, insurance, or digital ID verification.
10. Admin Control Center
Control system roles, permissions, branches, and audit logs from a secure admin dashboard. Create multiple access levels for tellers, managers, and auditors. Monitor all activities to maintain transparency and reduce fraud.
11. Mobile Access for Members
Members can view balances, apply for loans, receive notifications, and make payments from their mobile devices. Accessible via web app or Android app, supporting both smartphones and feature phones.