The financial services landscape in Tanzania is rapidly evolving. As more lenders, ranging from SACCOs and microfinance institutions (MFIs) to digital-first fintechs, scale their operations, the need for a reliable, secure, and flexible Loan Management System (LMS) in Tanzania has never been greater.
A loan management system helps lenders automate and manage the entire lifecycle of a loan: from application and disbursement to repayment tracking, compliance, and reporting. But not all systems are created equal. The best platforms are cloud-based, come with strong reporting tools, integrate seamlessly with third-party services like mobile money, and support regulatory reporting such as Bank of Tanzania (BoT) compliance.
Payment integration is particularly important. Lenders in Tanzania often process repayments via mobile money or banks. A good LMS should allow integration with payment platforms to automate disbursements, collections, and reconciliation. For example, ClickPesa integrates directly with systems like FIMA and tHL Accounting, enabling seamless payment processing and automatic transaction matching, a major time saver for finance teams.
Here are 25 active loan management system (LMS) in Tanzania, either locally developed or internationally available with local deployments:
Apex Banking Software (Kenya) – https://apex-softwares.com
A modular banking system designed for cooperatives and MFIs. It supports core banking features, loan management, and multi-branch operations.
Bankers Realm (Craft Silicon) (East Africa) – https://www.craftsilicon.com/products/bankers-realm-core-banking
Used across Africa, this platform provides robust tools for retail banking, loans, and agency banking services.
Bankingpoint Technologies Inc (USA) – https://bankingpoint.io
A fintech platform offering loan management, digital wallet functionality, and risk assessment tools for financial institutions.
CreditOnline.eu (Europe) – https://www.creditonline.eu
A European-origin SaaS platform supporting both peer-to-peer and institutional lending. Offers customizable workflows and analytics.
Ensibuuko (Uganda) – https://ensibuuko.com
Designed for savings groups and SACCOs, Ensibuuko focuses on rural financial inclusion and mobile banking.
ERPNext (Customized for Microfinance) (Global) – https://erpnext.com
An open-source and highly customizable ERP platform tailored for microfinance institutions seeking full control over loan tracking, accounting, and customer management.
Evolve Credit (Nigeria) – https://www.evolvecredit.co
Provides a digital infrastructure for lenders, including loan origination, decisioning, and borrower portals.
FIMA LOAN (Tanzania) – https://fimaloans.com
A Tanzania-based LMS built for MFIs and SACCOs. Integrates with ClickPesa for seamless payment processing and reconciliation.
Finance Solutions by Sigma Data & Computers (Uganda) – http://www.sigmadc.com
Offers a range of financial software solutions, including credit management, risk reporting, and data analytics.
Indicina (Nigeria) – https://indicina.co
An advanced credit decisioning platform offering real-time scoring, automation, and APIs for embedded finance.
Jisort (USA) – https://www.jisort.com
Cloud-based core banking platform widely used in East Africa. Jisort supports CRB checks, mobile money integrations, and real-time reporting.
Loan Performer (Uganda) – https://www.loanperformer.com
A well-established LMS for MFIs, SACCOs, and NGOs with strong BoT-compliant reporting and audit tracking.
Loandisk (Australia) – https://www.loandisk.com
A popular cloud solution for smaller MFIs. Includes SMS notifications, accounting tools, and portfolio analytics.
inGain Loan Management System (USA) – https://www.ingain.com/financial-services/microfinance-core-lending-software
Modern microfinance core lending software built for flexibility and scale, offering full REST API access and rich analytics.
Matwi (Tanzania) – https://matwistosa.co.tz
A local system designed for community-level lenders and microcredit organizations, offering simple workflows and payment tracking.
MIFOS by CRDB (Tanzania) – https://mifos.org
An open-source core banking engine adopted by CRDB and other African lenders. Highly customizable with open APIs.
Mambu (Germany) – https://www.mambu.com
A global SaaS banking platform trusted by digital banks and fintechs. Highly modular and ideal for institutions planning to scale and diversify.
MFI Loan Manager (Global) – http://mfiloanmanager.com
A loan management system designed for microfinance institutions with tools for group lending, repayment tracking, and regulatory reporting working with Quickbooks and Xero.
Mikoposoft (Tanzania) – https://mikoposoft.com
Locally developed software tailored for Tanzanian MFIs, including KYC, credit scoring, and repayment tracking.
Musoni System (East Africa) – https://musonisystem.com/core-banking-system
Mobile-first core banking platform for MFIs, with mobile money integration, loan automation, and real-time reporting.
ScaleFI (Tanzania) – https://www.scalefi.co.tz
Built for growth-stage lenders in Tanzania, ScaleFI combines loan lifecycle tools with operational dashboards.
Simbuka (Netherlands) – https://simbuka.com
Offers digital lending and credit scoring tools. Used by social lenders and development finance institutions.
Ssentezo (Uganda) – https://ssentezo.com
Enables SACCOs and cooperatives to digitize loan management, savings, and member data in a user-friendly dashboard.
tHL Accounting (Tanzania) – https://thlaccounting.com
A Tanzanian-developed accounting and loan tracking tool used by smaller financial institutions. Integrated with ClickPesa for direct payments and reconciliation.
VeendHQ (Nigeria) – https://www.veendhq.com
Provides embedded lending infrastructure for fintechs and banks, including APIs, credit analysis, and automation.
Final Thoughts
Whether you’re launching a new microfinance service in rural Tanzania or digitizing a national lending program, choosing the right LMS is a foundational step. Look for systems that support mobile money integration, offer BoT-compliant reporting, and provide flexibility through APIs. Integrations with platforms like ClickPesa are also key, as they can automate critical parts of your operation like loan disbursements, collections, and reconciliations.
With these 25 LMS providers, Tanzanian institutions have a wide range of options tailored to different budgets, business models, and growth plans.
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