Cloud Lending Solutions
6 Case Studies
A Cloud Lending Solutions Case Study
Hand-in-Hand Eastern Africa, a Kenyan NGO focused on poverty alleviation through job creation, enterprise development and microfinance, struggled with an inflexible legacy lending system that was slow, paper-heavy, siloed departments, hindered new product launches and contributed to rising defaults. To modernize its end-to-end loan cycle, Hand-in-Hand Eastern Africa engaged Cloud Lending Solutions and implemented CL Loan.
Cloud Lending Solutions deployed CL Loan, a Salesforce-native core lending platform, to digitize and automate credit decisioning, document management, workflows and collaboration. As a result, Hand-in-Hand Eastern Africa processed 5× more loans annually, reduced loan processing time to under five minutes, significantly lowered default rates, improved portfolio quality and sped time-to-market for new products.
Paul Njoroje
IT Manager