The Best Loan Management System,
Tailor Made
For Africa.

Saccotek Loan Management Software-Kangai Technologies

Saccotek Loan Management System

The Best Cloud Management Information System (MIS) For Your SACCO.

SaccoTek is a Loan System solution best suited for small, upcoming & mid-sized Saccos & regulated Non-WDT SACCOs.

Non-WDT SACCOs, Non-Withdrawable Deposit Taking SACCOs, are regulated by the Ministry of Investments, Trade, & Industry under the Department of Trade, Tourism, Cooperatives & Industries.

These Saccos are required to be duly registered under the Cooperative Societies Act Cap. 490 Laws of Kenya. All Saccos are mandated to submit periodical performance reports to the SACCOS SOCIETIES REGULATORY AUTHORITY (SASRA).

The system runs on a web-based platform. It's accessible from anywhere in the world via any mobile device with a working internet connection.

We seek to transform the operations of Saccos to cut down on operational costs & position the business for greater growth opportunities through automation of the Loan management processes to promote sustainable innovation, efficiency & transparency.

Saccotek Loan Management Software-Kangai Technologies

Saccotek Modules

A system architecture is the conceptual model that defines the structure, behavior & more views of a system. Here is ours.

Members Personal Accounts-Kangai Technologies


This module caters for all matters pertaining to Customer Relationship Management (CRM) & Know Your Customer (KYC) protocols.

It can be configured to replicate your physical new member registration form.
The default form captures mandatory fields such as Full names, Date of birth, ID/Passport number, Phone numbers, Email address, Occupation, Residence, Next of kin & Beneficiaries.

The system can handle membership registration in terms of individuals, groups or business entities. Moreover, members can be enlisted into groups within the Loan & borrow loans or make benevolent contributions as one unit.

The data captured in this module can be analyzed & interpreted to generate various socio-economic studies & reports so as to aid the Loan in understanding their members better.

Loan Module Part One-Kangai Technologies


The modules centers on four pillars; Loan Application, Appraisal, Disbursement & Amortization.
The system can be customized to replicate your current loan application process. You can easily configure important aspects of the loan settings such as;

  • maximum & minimum number of guarantors
  • maximum savings factor
  • maximum loan repayment period
  • the duration new member should wait to qualify for a loan
  • flat or time based interest rate computation
  • loan processing fees as a range
  • percentage or flat amount
  • loan insurance fees as a range
  • percentage
  • flat amount or even as the formula provided by the CIC Insurance Group.
Our Loan Management System module is equipped with numerous critical features that form the backbone of the SaccoTek platform.

Loan Module Part Two-Kangai Technologies

Some of the critical modules worth a mention include: Loan Refinancing, Loan Top-up, Loan Rescheduling, Loan Bridging, Loan Interest Freeze, Loan Interest Waiver, Loan Repossession, Loan Write-Off & Chattels Registration.

Reports in this module include

  • Loan Portfolio
  • Loans Ageing Reports
  • Non Performing Loan Reports
  • Risk Classifications Reports (SASRA, 2D)
  • Sectoral Loan Classifications
  • Return on Investments (SASRA, 2E)
  • Insider Lending & Performance
  • Liquidity Statement of Returns (SASRA, 2B)
  • Capital Adequacy Reports (SASRA, 2A)
  • Financial Position Statements (SASRA, 2G)
  • Comprehensive Income Statements (SASRA, 2F)
  • Other Disclosures Statement
  • Statement of Deposits Returns (SASRA, 2C)
  • Loan Ledger Card
  • Loan Arrears Report
  • Loans to Members Report (SASRA, 2H)

Mobile Loans Dispensation-Kangai Technologies


Saccotek has an instant mobile loan dispensation feature that is implemented via the M-pesa Business-to-Consumer (B2C) mechanism.

This happens in real-time basis.

All you need to do is set up parameters that the system will verify before declaring the qualifications of a member’s loan request.

Once the amount qualified is verified, the system links to the M-pesa portal automatically to check on the available balance before dispensing the loan amount to the members’ phone number instantly.

This feature can be accessed either through a USSD platform or the online members portal.

This kind of innovation serves to promote compliance among members so as to ensure they qualify for higher amounts of this mobile loan.

Bank And M-pesa Integration-Kangai Technologies


The Loan System has the capacity for integration with a number of banking systems such as Co-operative Bank, Equity Bank, Family Bank, KCB, DTB & M-Pesa.

This allows seamless communication between the financial institutions & the Co-operative at no extra fee.

The system will receive debit notifications whenever members make payments to the Loan irrespective of the channel they use.
This in turn reduces the need to manually post transactions because the data is automatically dispensed within the system.

This kind of transactions promote transparency & accuracy of the transactional data from members. It also serves to ease up on the laborious tasks of banking reconciliation.

Cash Book And General Ledger-Kangai Technologies


The Cash book captures all Accounts Receivables & Accounts Payables like Shares & Savings Contributions, Loan Disbursements & Repayments, Incomes & Expenses etc.

The system enables faster adaptation of these transactions into the financial platform with the integration of Banks & M-Pesa notifications to ensure synchronization of information & fasttrack data processing.

The General Ledger is composed of financial reports that are necessary in the day to day running of Saccos. These reports are SASRA compliant.

Therefore, submission of vital documentation to the regulator will be easy & automated.

You get unfettered access to reports such as Ageing reports for Creditors & Debtors, Balance Sheet, Cash Flow, GL Journals Trial Balance, Profit & Loss Statement among others.

Online Members Portal-Kangai Technologies


Saccotek Loan System has an integrated mobile friendly member portal that is accessible on any mobile device with a working internet connection.

Your members will be able to log in to the portal whereby they can access information such as account & loan statements, current balances of their savings, loans or any other accounts held with the Sacco.

The Loan may also post announcements & notices on this portal so as to reach their members in good time. Members can also post enquiries, complaints & other types of feedback for quick resolution by the Loan officials.

Another new option that is available for your Loan on this online mobile portal platform is the Automated Share Certificate Generator.

This feature generates a share certificate with genuine signature specimens of the management officials. This certificate when printed on demand, can be used as proof of membership of the Sacco.

Bulk SMS Services-Kangai Technologies


Bulk SMS services are integral to the system as a mode of communication & alert notification.

We have partnered with an International Service Provider (ISP) to help us provide the best services to our clientele.

For this, we recommend the purchase of a Sender ID that will be used as the title for any sms sent to members by the system.

This will promote the authenticity of the communication channel to members.

Sender IDs are sourced for all networks that you intend to send messages to.

For example, you will be at liberty to choose whether you want to purchase one for Safaricom, Airtel or Telkom.

Each of these have a one-off fee of Kshs 10,000.

The only other cost involved in this services is the purchase of SMS bundles which can cost anywhere between Kshs 0.4 to 0.8 dependent on the number of SMS purchased.

Software Security-Kangai Technologies


Our software products are equipped with state of the art access controls mechanisms. Access must be limited to authorized users via a secure authentication process.

Each user must have a unique username, & the sharing of accounts must not be allowed. System administrators should have a separate admin account to perform any administration tasks.

Access to our products must be password protected. Such protection shall include but not be limited to the secure & state of the art password policy; an automatic session logoff after a certain amount of idle time; lock out in case of multiple failed login attempts;

Safe & reliable password reset process; change of passwords at least every 90 calendar days. Passwords shall always be stored & transmitted in a secure way, e.g. by encryption, hashing or discrete channels.

Data Security-Kangai Technologies


You can rest assured that all data servers containing or processing your data must be located in a secure data center/online/offline server, to which access is restricted.

We always implement a backup policy that ensures system & data recovery for at least 30 days backwards. Our primary mandate is to commit to protect all your data by protecting the software using Secure Socket Layer (SSL).

We will also strive to ensure that data is secured by means of multi-layer encryption services & packages such as AES Encryption, SHA256 among others.

Kangai Technologies shall provide secure & certified data hosting while it’s in transit & at rest. We shall deliver this by using at least eight cloud server storage options available to us for purposes of online hosting & data storage.

Support And Maintenance-Kangai Technologies


We offer a complimentary support package to our clients that consist of 12 months free support from the day of purchase.

We also conduct follow-ups via physical site visits, Cisco Webex, Skype & Zoom sessions & telephone calls periodically to ensure the smooth running of the system.

Customizations & Upgrades are based on the severity of the project & can be tabulated on request.

We also use 3rd party applications such as AnyDesk & TeamViewer to provide exquisite, fast & real-time support services.

We also offer System training to users free of charge & on successful completion, we issue a certificate to the system users.

Why Choose Saccotek?

Here is why we think our Saccotek System is the Best Loan Management System for your Sacco.

Encryption & Security

Our system deploys an Advanced Data Encryption Algorithm tool that promotes fool-proof Data Protection & enables Data Integrity.

Comprehensive Reports

The system is integrated with numerous statutory reports & financial statements that are all exportable to Word, Excel or PDF.

IFRS 9 Compliance

IFRS 9 directs how a Loan classifies & measures financial assets, financial liabilities & contracts to buy or sell non-financial items.

Financial Accounting

The system has a Maker-Checker workflow meaning that for each transaction, at least two individuals are necessary for its completion.

Automated Notifications

The system can send automated reminders for AGM alerts, payment notifications, late payment reminders or any other relevant communication.

Unlimited Access

Our system has no limitations on the number of users who can access the platform or number of loan & savings products that can be transacted.

Frequently Asked Questions

Curious about Kangai Technologies? Ask us anything about our brand, projects, & get factual responses.

Frequently Asked Questions-Kangai Technologies

Yes. All our systems are configured to run on a secure browser such as Google Chrome, Mozilla Firefox & Brave.
Thus, we host our system products on our dedicated cloud servers to enable seamless access & connectivity from anywhere in the world.

We price our system products quite competitively.
Pricing is based on factors such as; number of users, physical location & the scope of data.

We also have two models of payment; One-off & subscription models.
In the One-off model, the system is sold at an agreed fee & the system license is transferred to the client as a deed of full ownership.
In the Subscription model, the client will make payments in a monthly, quarterly or annual basis to be granted with a license to use the system product.

Yes. All you have to do is send our team an email on info(at) & you will receive the link in your email within minutes. You will also receive a system proposal document with features, modules & options of the system product.

All our system products come fully integrated with selected banks & Safaricom's M-Pesa platforms. To get started, we shall provide you with a letter template that you will only need to attach your company letterhead & logo, & append your signature/company seal/stamp.
This letter will then get submitted to your bank or mobile money paybill provider, who shall then contact our team to initiate the integration process.
For M-Pesa Paybill integration, the whole cycle takes about 3 - 7 working days. For banks, which are a bit bureaucratic with this process, it can take anything from 14 - 45 working days.

Yes. We can integrate our system platform with your bulk SMS provider or you can let us setup the service with our reliable partners & we shall enable you to broadcast bulk messages to your members or clients straight from the system.
You can also setup automated SMS notifications to be sent to your clients once payments are received, annual general meetings (AGM) alerts, reminders & warnings.

The system can be integrated with special features such as the Safaricom B2C API platform that enables you to disburse loans to members all at the touch of a button.
This feature reduces operation costs such as new cheque book fees, traveling costs for signatories & also the timeline it takes for loans to get disbursed.

We do not have any hidden costs or charges in all our products. Once we negotiate on a favorable contract with you, the financial bit of it is always final.
All costs are broken down into modules like training costs, integration costs, support & maintenance charges, bulk SMS costs e.t.c

USSD stands for Unstructured Supplementary Service Data. For example, *254# or *254*100#.
Our system products can be configured into USSD formats for usage by feature phones & old model mobile phones with limited or no internet connectivity.
All you need to do is contact us & let us setup an ideal solution for your company.

We offer a complimentary support package to our clients that consist of 12 months free support from the day of purchase.
We also conduct follow ups via site visits, Skype sessions & telephone calls periodically to ensure the smooth running of the system.
Customizations & upgrades are based on the severity of the project & can be tabulated on request.
We offer System training to users free of charge & on successful completion issue a certificate to the system users.

The greatest thing about our systems is the fact that they are cloud-based.
This means it can run on any web browser, on any computer or smartphone with a reliable internet connection.

Our system products use an algorithm of combined security features including user names, passwords, & encryption keys to ensure that only authorized users have access to your sensitive data.
We also install military grade Secure Socket Layers (SSL) certificates that ensures the data transmitted between our servers & your web server is encrypted, making it more difficult for hackers to decipher.

Contact Us

Monarch House, 1st Floor, Thika Road, Adjacent To USIU

info (at)

+254 737 283 113

Kangai Technologies Contact Page