Juakali’s feature-rich platform was built over time to empower microfinance institutions (MFIs) to automate and streamline small business financing. These institutions, vital to local economies, rely on Juakali’s ability to implement scorecards, compute key financial indicators, retrieve account data from third-party systems, and conduct automated credit checks. MFIs also benefit from automated SMS and email communication, task management, and seamless information transfers between organizations and tools.
However, this powerful feature set isn't limited to microfinance alone. The same capabilities that help MFIs thrive are universally applicable across various loan types, enhancing efficiency and enabling quick, data-driven decision-making. Whether you’re offering SME loans, asset financing, salary loans, or logbook financing, Juakali’s platform has the flexibility to meet your business’s unique needs.
Consider a car loan company in the Philippines. Traditionally, dealerships email paperwork to the financing company, where staff manually input data into the core banking system. With Juakali, dealerships upload documents directly through our mobile or web apps. The financing company can then review data, compute financial ratios, retrieve information from third-party registries like credit bureaus, and make informed loan decisions—all within a single interface. This streamlined process results in reduced resource consumption, less effort, and significantly faster turnaround times. Moreover, contracts can be automatically generated and sent to customers without additional workload.
Salary loans require coordination between employers and financial services companies. Juakali excels in this area with robust API integrations and a workflow engine that automates data retrieval, SMS messaging, and task assignments. This automation enables real-time background checks on potential borrowers, allowing for immediate loan decisions—whether automated, manual, or a combination of both.
These are just two examples of Juakali's significant impact. Ultimately, Juakali enhances efficiency, security, and capabilities for any loan business, particularly those working with external partners and requiring seamless integration with third-party registries.
