Micro-Loan Fund Manager
A complete solution to administer investments and disbursements
of your community development funds.
Aug 30, 2000 - After researching several existing micro-lending software packages available in Canada and the United States, the Edmonton Community Loan Fund (ECLF) failed to find a complete system that addressed their loan portfolio's needs.
Specifically, no single existing package was found that could adequately:
- Maintain separate records of funding from different sources,
- Maintain records of private investors' accruing interest accounts,
- Apply Canadian semi-annual interest to loan calculations, nor
- Support different account types, including loan, credit and mortgage accounts.
As a result, and with the support of The Muttart Foundation, the Edmonton Community Loan Fund and Arctech Solutions have developed the Micro-Loan Fund Manager System designed specifically for Canadian Micro-Lenders.
The goal of this software solution is to specifically address the requirements of the Canadian Micro-Lender at a nominal cost.
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