An agreement has been signed between DataSoft Systems Bangladesh Limited and Bkash to enable microcredit borrowers to pay loan instalments easily, safely and quickly from anywhere, anytime.
Due to this agreement, customers of more than 200 microfinance institutions (MFIs) that use the technology and software solutions of DataSoft will get the opportunity to repay instalments of microcredit timely through Bkash.
Meanwhile, management of instalment collection has become easier and more effective for lenders, read a press release.
Tech company DataSoft has long been providing data management and accounting systems solutions through MicroFin360 software to different MFIs in the country.
Availing the solutions of DataSoft, MFIs have made their loan disbursement and collection process much easy and more effective.
M Manjur Mahmud, president of DataSoft and Ali Ahmmed, chief commercial officer of Bkash signed the agreement on behalf of their respective organisations in an event organised at the Bkash office where other top officials of the two organisations were also present.
The agreement will open a window for roughly 10 million customers of about 200 MFIs that avail DataSoft solutions to repay their loan instalments without any hassle, saving time and money.
