Microlekha is a comprehensive ERP solution for financially intermediating federation/cooperatives of self-help groups.
It is designed and developed by Chaitanya promoted WISE in partnership with Microware Computing and Consulting. It is supported by SIDBI under the aegis of poorest states inclusive growth program (PSIG) of DFID.
Features
-Compatibility with CIC (Credit Information Company) reporting of member level transactions
-Federation and SHG accounting
-Loan Management System
-Financial capability assessment for customized financial products and increases financial literacy.
-Measurement of poverty trend –Progress out of Poverty Index
-Empowerment evaluation for impact assessment
-Employee performance management
-Customized capacity building planning for SHGs
-Documents repository (IDs & Address proofs)
Benefits
-Integrated accounting and MIS platforms
-Reduced TAT on loan disbursement
-Efficient repayment management for federation loans
-Reduce the need for multiple software solutions for other function of federations including HR & Capacity building.