Case Study: Alliance for Microfinance in Myanmar boosts microfinance services with Nelito Systems’ FinCraft Core Banking Solution

Nelito Systems Ltd. is implementing FinCraftTM Core Banking Solution in Alliance for Microfinance in Myanmar

Alliance for Microfinance in Myanmar, founded in 2014 and now a leading microfinance institution in the Mandalay region, was looking for a core banking and mobility solution to support its growing operations and expansion plans. The institution serves more than 238,000 customers with a focus on unbanked women entrepreneurs, farmers, and micro-entrepreneurs, and needed a system that could handle loan origination, repayments, savings, and mobile access across channels. Nelito Systems Ltd. was selected for its experience in financial institutions and its FinCraft™ suite of solutions.

Nelito Systems Ltd. implemented FinCraft™ Core Banking Solution, along with FinCraft™ Mobile Loan Origination and FinCraft™ Mobile Banking Solution, to support cloud or on-premises deployment, field operations on tablets, and customer-facing mobile transactions. The solution is expected to improve customer service, speed up loan processing and onboarding, reduce credit risk and income leakage, and strengthen regulatory reporting, while enabling anytime-anywhere banking. For Alliance for Microfinance in Myanmar, the deployment supports a USD 54.0 million loan portfolio and an average loan size of USD 274.4 with a secure, scalable platform for future growth.

Alliance for Microfinance in Myanmar