Loan software for thrift and credit co-operatives and societies
Members trust the society with their savings and expect clear answers. FinanceMe.lk keeps every member loan, guarantor and payment on record, with accounts the committee can read.
What usually goes wrong
- Volunteers change, the records must not
- When a treasurer or secretary steps down, years of loan history should not leave with them.
- Committee approval on paper
- Approvals in a minute book are hard to check later and easy to skip.
- Members ask for their balance
- Answering every phone call about balances takes the officer’s whole day.
How FinanceMe.lk handles it
- Records that stay with the society
- Everything is kept in one place with a full activity log, whoever holds the post.
- Approval by a second person
- The person who enters a loan cannot approve it. Every approval is recorded with a name and time.
- Members check their own balance
- Each SMS receipt includes a link to the member’s statement, in Sinhala, Tamil or English.
- Accounts for the AGM
- Trial balance, income statement and balance sheet ready for the annual general meeting and the auditor.
Most societies start on Starter or Growth. Compare plans
Open your loan book in FinanceMe.lk today
14 days free with every feature. No card, no sales call. We help you bring your Excel sheets across.