ADbanking is a transaction management software devised for Microfinance institutions. It allows the management of customers, savings, credits and counter.
AdBanking relies on a client/server architecture using Internet technology (Linux/Apache at server-side, a simple browser at client side). The technologies chosen ensure, at a low cost, great flexibility, capacity of expansion, reliability and user-friendliness. ADbanking is highly customisable: user profiles, saving and loan products, ...
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Product Summary
Product Name
ADbanking
Product Version
2
Release Date
30 May 2005
Product Overview
ADbanking is a transaction management software devised for Microfinance institutions. It allows the management of customers, savings, credits and counter.
AdBanking relies on a client/server architecture using Internet technology (Linux/Apache at server-side, a simple browser at client side). The technologies chosen ensure, at a low cost, great flexibility, capacity of expansion, reliability and user-friendliness. ADbanking is highly customisable: user profiles, saving and loan products, ...
Customers’ feedbacks are anonymous
Anonymous ***
Anonymous (2 not posted)
Historical Version Information
Version 0.9: "pilot" version tested in Burkina Faso (Septembre 2002)
Version 1: Septembre 2003
Version 1.0.8: Decembre 2003
Version 2: May 2005. New release adding main new features: accountancy module, several currencies, change, link with external package for e-banking, ...
Product Description
CUSTOMER MANAGEMENT: Registration of new members, management of the registration fees and/or shares, administrative and financial information on the members, defection of a member, ...
SAVINGS MANAGEMENT: Opening and closure of savings accounts, withdrawals and deposits (cash or cheques, transfer between saving accounts, consultation of movements on accounts, ...
CREDIT MANAGEMENT: credit application and approval process, repayment schedule, management of the cash guarantees (several options possible), collection of commission, insurances, ...
COUNTER MANAGEMENT: cash supply, adjustments of the cash balance, cheques processing, visualization of transactions according to several criteria, transaction cancellation, ...
System configuration: holidays, users, profiles and access configuration, agency configuration, savings and credit products configuration (unlimited number), configuration of the chart of accounts, ...
ACCOUNTANCY: On top of the accountancy generated for all the financial operations, the appropriate accounting entries, ADbanking has a general accountancy module, that allows the management of a simple accountancy for the MFIs. The chart of account can be customised completely, and it is also possible to define specific accounts for each savings and credits products.
BANKING: management of cash transfers between banks (before, cash transfers were only possible between accounts of the same agency), management of several currencies, partial compatibility with SWIFT messages (for integration with an external e-banking package developed by a Belgian company) and full cheque management (issuing, handling and interbank compensation).
LICENSE COST depends on the number of clients: for instance 4000 clients= 6 000 EUR - 10 000 clients= 15 000 EUR - 20 000 clients= 27 000 EUR - 50 000 clients= 62 000 EUR - ... Please contact us for a price.
Two possibilities for obtaining a demo:
- online demo
- cdrom demo
Please contact us
Screen Shot 1
Screen Shot 2
Minimum Licensing Cost
0 (under specific conditions for MFIs from least developped countries) / 3000 EUR.
Annual Maintenance Cost
25% of license
General Consulting Services
150 - 250 EUR / day
Training Cost
150 - 250 EUR / day
Client Profile
Types of Institutions
Microfinance Bank
Total number of clients
35
Number of clients using this product
12
Size of institutions with this product
Medium-Large (25,000 - 50,000 clients)
Location of client installations
Sub-Saharan Africa
Lending methodologies
Individual
Level of MFI internal IT support
Strong full-time internal IT team
Client References
1. MUFEDE Mutuelle Femmes & Développement (Burkina Faso) / mufede@cenatrin.bf
2. CEC KAANI (Niger) - Coopérative d'épargne et de crédit KAANI / kaani@intnet.ne
3. MECZOP - Mutuelle d'Epargne et de Crédit de la Zone de Potou (Senegal) / (+221) 937 33 35
4. Coopec INKINGI – Cooperative d'Epargne et de Crédit INKINGI (Rwanda) / inkingi@yahoo.fr
5. COOPEDU – Coopérative d'Epargne et de Crédit DUTERIMBERE (Rwanda) / coopedu@rwanda1.com
Location of technical support
Europe and Central Asia, Sub-Saharan Africa
Number of technical support staff
6
Technical Support Modes
e-mail, Phone, Fax, in-person
Technical Support Languages
English, French
Number of installations per month
1
User Group
No
Training Options
Training: 1 week for day-to-day usage of the software
+ 3/7 days for administration of the system
5 weeks for full training (including installation, support, ...)
Trainings are giving on demand. It is possible to organise grouped trainings. All trainings are done on the premises of the client or in Dakar.
AQUADEV was born in 1987, in a university context, through the will of some students convinced of the need for acting in solidarity with the populations of the poorest countries. How could they doubt the common humanity destiny?
Initially interested in the role of water in the development concerns (the association former name testify it), the founders were caught up with the reality of the Nineties. Reduction in assistance towards the poor countries, increase of the inequalities around the world, fast and divergent evolution of the developing countries situation, erosion of the standard of living of their inhabitants, but also an increasingly complexity of the development challenges.
The question of the means assigned to solidarity with the poor countries can be address only collectively and at an international level. While participating at an organization international networks aimed at an international solidarity, AQUADEV takes part in this step.
They are three main sectors: the microfinance (decentralized financial sector and support to the small and medium businesses), the nutritional security improvement and the environment in urban environment.
Legal status
Non-Profit Organization
Year company was formed
1987
Public
No
Are financial statements public?
Yes
Major Activity
Support to the MFI's since 1995
Approximate Microfinance Revenues as a Percentage of Total
