THE LOAN TRACKER is ABA’s Loan Tracking System, which is the product of more than 16 years practical experience in Micro Lending. it came up from real market needs and reflected the real demand required by ABA staff to evaluate and follow up .The System can be rapidly modified to meet country-or institution-specific requirements.

MAIN ASPECTS AND FEATURES OF THE LOAN TRACKER:

- Rely on ORACLE database server technology (the most powerful database worldwide).
-  Can handle both individual and group lending methodologies. 
-  Bilingual (Arabic & English). 
-  Step-by-step loan set-up.
-  It is flexible and includes many variables that can be set according to requirements   
  such  as: Rate of interest, different repayment schedules, different currencies, Bad  
  debt provision percentages, etc.
-  Client’s history and details could be retrieved by name or part of, as well as the client’s 
  code
- The system can generate any number of reports whether statistical or analytical which 
  help in monitoring and evaluation. 
- The reports could be produced as needed.
- The reports are also produced at different levels of the administration from the field 
  officers to the executive director.
- Generated reports include: Loan activity report (by gender, activity, location, loan size, 
  loan term, sector, etc), repayment forecast, delinquency tracking, repayment rates, 
  penalties on late repayments, client’s status report, client’s profile, performance 
  evaluation (field officers, branch managers, branch overall performance, etc), incentive 
  calculation according to performance, desertion rate calculations, calculation of the 
  portfolio at risk, income statement reports balance sheet reports, cash flow reports, etc.
- A unified user-friendly graphical user interface (GUI) across all screens.
- An accurate sub-system for data and application security allowing various authorities 
  and privileges at several levels from accessibility to the system, screen level and down 
  to field and screen item level.
- Capable to be installed in any type of infrastructures up to multi-sites business units, 
  whether connected by leased line or dial-up telephone lines providing flexibility regarding 
  on-line batch data processing.
- Comprehensive auditing to keep track of any system transaction by logging data 
  modifications and the user responsible for the change and the timestamp (Journal).
- Comprises a fast and easy-to-use General Ledger System (GL), where all financial 
  transactions are accumulated and used to generate financial statements and various 
  reports. It could import and store journal entries automatically generated in other 
  modules (Loan tracker).

MAIN OPERATIONS: 

-The system automates all different operations required for the loan cycle.                                          -Loan disbursement                                                                                                                       -Loan repayment                                                                                                                           -Loan reschedule                                                                                                                           -Penalties (automated calculations)                                                                                                 -Loan settlement off                                                                                                                       -Loan write off (social and financial).                                                                                                -To every transaction there is a reverse transaction.                                                                          -The system can easily track all historical transactions to any specific user.                                      -The system saves the information of rejected clients as well as the information of approved ones so   it can give warning reports if any rejected client tried to apply again.                                                   -Every client could be linked to a group of partners or grantors and the system could discover if any of these partners or grantors applied for a new branch

Outputs and Reports:

-Contains a lot of statistical and analytical reports that help in decision making and strategy   monitoring.                                                                                                                                    -Portfolio at risk analysis                                                                                                                -Repayment analysis and Repayment percentage.                                                                           -Classification of clients                                                                                                                 -Loan status report                                                                                                                        -Delinquency analysis                                                                                                                    -Productivity indicators                                                                                                                   -Performance measurements                                                                                                          -All financial and loan performance indicator are reported by the system to support different management levels.                                                                                                                       -Capable to break down any analysis to various levels and categories.                                             -Integrates with other financial system and give consolidated financial figure and indicators.               -System is able to evaluate and rank credit officers via a very powerful point system.                         -System could be linked to a strong incentive system related to loan performance.                            -It could evaluate the clients according to their past repayment records and rank them to various levels.