OVANC — A Microloan Platform
Microfinance — Without Micro Problems
Project Goal
The client was a startup in the microfinance industry. All processes were handled manually:
Results:
- record keeping in spreadsheets,
- manual scoring,
- sending contracts and reports manually,
- chaotic document workflow.
Results:
- Processing time — up to 3 days
- Errors — critically frequent
- Regulatory reports — prepared manually
What did the client request?
“Develop a centralized system that automates all processes and complies with the regulations of Saudi Arabia.”
How we solved the task
step by step
step by step
Step 1
Back-Office System
Functions of the Administrative Portal
Unified Customer Database — the entire customer history stored in a single profile card;
Verification and Scoring — semi-automated verification and risk assessment;
Loan Lifecycle Management — from application to closure, including overdue payments;
Document Automation — contracts, notifications, and reports generated in one click.
Unified Customer Database — the entire customer history stored in a single profile card;
Verification and Scoring — semi-automated verification and risk assessment;
Loan Lifecycle Management — from application to closure, including overdue payments;
Document Automation — contracts, notifications, and reports generated in one click.
Result
The team moved from Excel spreadsheets to a secure centralized system.
Step 2
Server Logic and Database
Reliable Core Built on PostgreSQL + Express
Encryption and Access Control — customer data is protected with role-based permissions;
High Load Capacity — the system handles peak activity with stability;
Regulatory Compliance — the architecture is designed to meet SAMA requirements.
Encryption and Access Control — customer data is protected with role-based permissions;
High Load Capacity — the system handles peak activity with stability;
Regulatory Compliance — the architecture is designed to meet SAMA requirements.
Result
A solid foundation was created for a scalable and compliant business.
Project Results
Application processing time reduced to less than one day
Data errors reduced by 95%
Regulatory reports prepared within a few hours
System fully ready for scaling
Complete transparency and full control over manager performance
Project Technology Stack
Want to build a system that is reliable, scalable, and fully compliant with regulations?