Development Of Document Routing System Online Application And Approval Of Loan

Development Of Document Routing System Online Application And Approval Of Loan

Abstract

An online loan website would allow AccionMFB to pierce online operation, website, operation information from any accessible position, using a single stoner ID and word. They would be suitable to do deals online. The central thing of this action is to transfigure the day- to- day operations of the Bank by reducing paperwork; putting information services and sale online; streamlining access to information, aspirants results and content. Making it easy for aspirant’s to find and use online services, and therefore adding the liability that the Bank can attain the strategic pretensions laid out in this action. I used a combination of checks, focus groups, and one- on- one interviews to gather information from AccionMFB, staff, and from crucial labor force at other institutions that have related system.

Table of contents

Chapter One preface

Background of study

Statement of the problem

objects of study

Significance of study

compass of study

Limitations of study

description of terms

Chapter Two

Literature review

Overview

Document routing

Database/ knowledge coupling

Document shadowing system

AnE-file

punctuate the changes

Homemade loan program

My own

My own plus

My own redundant

My own redundant plus

My own asset

Reason for new system

Chapter Three

System analysis and methodology

System analysis

system of data collection

Analysis of the being system

Advantages of the being system

Disadvantages of the being system

Analysis of the proposed system

defense for the new system

Methodology

Chapter Four

System Design and perpetration

Overview of design

Program modules specification

Input/ affair specification

Database specification

Flowchart of the proposed system

Choice and defense of programming language

System demand

perpetration plans

Program design

Program design flowchart

Chapter Five

Summary and conclusion

Summary

Review of achievement

Suggestions for farther studies

Areas of operation

Conclusion

References

excursus A( program canons)

excursus B( sample, affair forms)

Chapter One

Preface

Background of study

The need to develop document routing and shadowing system has given rise to automated styles of working similar problems. Necessity has inspired man to develop the information and data processing fashion we now use to give required information as snappily and as economically as possible. This is because formerly a establishment begins to expand, the information conditions expands proportionally too.

Document routing and shadowing have the characteristics of input, processing, affair andfeedback.However, we may discover document routing system has been a homemade process subject to all the traditional business problems, If we consider a microfinance bank as a system of subsystems. Documents get lost, there’s no labor force responsibility and it takes way too long. An attempt to determine its status is the description of absolute inefficiency. utmost large associations use a motorized superintendent documents operation system( EDMS) to manage the shadowing and transfer of lines prepared for elderly operation.

The document shadowing will keep track of who’s responsible for the train, who has it at any given time, when it’s due to arrive at the coming step in the process, and whether it’s overdue in arriving there.

The document shadowing also controls the movement of thee-file of the document itself. When the hardcopy of a train moves to another office, thee-file of the document itself is transferred to that office at the same time.

At that point, no other office is suitable to modify thee-file. Until the train is transferred away through the EDMS, that office alone is responsible for

reviewing whatever action has been requested or taken to date; and

prepare documents as demanded.

still, this work concentrates on the lending aspect of the document routing and shadowing system in general and the operation in particular. colorful primer systems and bias have been used in time history in collection of loans by guests. The most recent of similar bias is the computer with an advantage of speed and delicacy over the former bias.

In view of this, certain information about the guests are stored in a database- a collection of affiliated fields; and this data is manipulated to give rise to the lending system. The need for this medium of operation is for blessing/ transfer of document at a faster rate than ahead has been largely called for. The computer programmers aim at icing that the operation by guests is reused on time in the computer to induce an effective loaning system for the microfinance bank.

The Organogram

Figure1.1.1 organizational structure of Accion microfinance bank.

Statement Of The Problem

The homemade system involves storehouse of paper lines, recording on kalamazoo forms and the clumsy calculations of numerical amounts.

Having banded to an extent what the homemade sytem entails and depicts, we can call look at the weakness of this system that we can trade off for some system that’s more satisfying. The disadvantages of this system include duplication of lines and records instability of data that can arise through fire, theft, sabotage,etc.

supposedly, there arises detention in processing. Data is delicate to recoup due to bureaucracy.

calculation of numerical amounts could be clumsy and error prone since they’re done by humans.

Data mutilation may arise as lines move from one hand to the other in the department. All this problems have risen and are still playing in the associations still using the homemade system.

Hence, in relating these problems, I was suitable to clarify the new systems objective and druggies, desire labors, and asked processing.

objects of study( elimination of homemade loan program)

The objects of this exploration is to develop a system that will

exclude homemade loan program

To make it easy for aspirants to apply for loans from the comfort of their home and also from any position in the country.

To enable online blessing of loan.

Make it easy for grouping of aspirants to their separate orders they fall under.

Significance of study

Viewing critically the inefficiencies in the homemade loan system presently in Accion MFB, the need to develop online loan blessing that will handle similar inefficiencies can not be over emphasized.

Compass Of Study ( The motorized system)

Due to the complications and adversities that assail the homemade system, the motorized system is used to break our homemade loan problems. It was bettered to be a great enhancement on the homemade system. The computer system is the series of programs, which will be used to reuse the data available with an end to break the problems at hand. It’s designed to dock the ineffectiveness essential in the old system( homemade system). It’s an enhancement or homemade system because it takes care of the problems encountered by the homemade system.

Limitation of study

I encountered figures of constraints that made this exploration delicate to get beyond this compass. This constraints includes

Length of time for development

Integration of being services

shy data force by the bank

Lack of good internet connection

description of terms

Document routing system

Document routing is a homemade process subject to all the traditional business problems. Documents get lost, there’s no labor force responsibility and it takes way too long. An attempt to determine its status is the description of absolute inefficiency. The Document Routing System( DRS) provides automated document routing to the stoner.

Document shadowing system This keeps track of who’s responsible for the train, who has it at any given time, when it’s due to arrive at the coming step in the process, and whether it’s overdue in arriving there.

Loan plutocrat advanced at interest, commodity advanced for the borrower’s temporary use.

Advance To give for temporary use on condition that the same or its original be returned. To give the backing or support of go furnish ‹ a equitable and scholarly manner which great force to his examens to acclimatize or apply( oneself) readily accommodate ‹ a content that itself admirably to class discussion.

robotization The relief of mortal workers by technology. A system in which a plant or process has been converted to one that replaced or ministries mortal labour with electronic or mechanical outfit.

Online connected via computer attached to or available via a computer or computer network.

Database Any collection of data organized for storehouse in a computer memory and designed for easy access by authorized druggies.

Database update This simply means applying and maintaining changes on a database after data must have been added, removed or modified