Built for Rwandan Umurenge SACCOs, microfinance institutions and credit-only lenders: franc books, MoMo repayments posted against the loan, and the portfolio quality figures the National Bank of Rwanda asks a licensed institution to report.
Get started with a 30 day free trial!
Includes full access to AI security features
Built for Lenders in Rwanda
Lendbox gives a SACCO or microfinance institution in Rwanda one franc loan ledger with accounting under it, so the portfolio figures in a National Bank of Rwanda return and the schedule a member sees come from the same loan record. See how Lendbox compares with other software for loan management.
How a Rwandan SACCO runs its loans on Lendbox
An Umurenge SACCO or a licensed MFI in Rwanda runs on member meetings, mobile money and a reporting calendar set by the central bank. Lendbox keeps the stages below on one record per loan.
Add the member with the national ID number and MoMo line on file, or import the register from a spreadsheet, and let AI document verification check the uploaded ID.
Capture the loan against the product and term the member qualifies for, then route it through the credit committee's approval ladder with every decision logged.
Record the payout to the member's MoMo or Airtel Money line or bank account, print the agreement and schedule in francs, and let the ledger post the entries.
Record a MoMo or Airtel Money repayment on the member's loan the day it arrives, or post a sector meeting's collections in one batch, with reminders going out ahead of each due date by SMS, email or WhatsApp.
Ageing buckets and portfolio at risk by product, branch and officer give the days-past-due figures a BNR return is built on, drawn from the loans rather than tallied at month-end.
Lending in Rwanda
Rwanda regulates SACCOs and microfinance institutions through the National Bank of Rwanda, with Umurenge SACCOs covering every sector of the country. Returns are frequent and the classification rules are precise.
National Bank of Rwanda (BNR)
Microfinance institutions and SACCOs are licensed and supervised by the BNR, which sets capital, liquidity and portfolio quality requirements. Lendbox supplies the credit-side ledger with double-entry accounting, trial balance, P&L and balance sheet behind every loan.
One SACCO per sector, under the BNR and the cooperative agency
Sector SACCOs lend to members from savings. Lendbox runs the lending side: loan records, repayments and arrears; the savings and share registers stay in the system the SACCO keeps them in.
Days past due, with provisioning by class
BNR returns classify loans by days past due and provision against each class. Lendbox's ageing buckets give the per-loan figure to classify from, and the ledger carries the provisioning entries you post.
Credit reference bureau licensed by the BNR
Licensed institutions share repayment data with the bureau. Lendbox keeps the full repayment history per member, so the record you report from is the one your officers see.
Sources · National Bank of Rwanda — Microfinance supervision · Reviewed .
Money in Rwanda
The book, statements and reports run in Rwandan francs. Repayments reach you on MTN MoMo or Airtel Money, and Lendbox records them against the loan.
Set the workspace currency to francs once and every loan, schedule, statement and financial statement follows.
A repayment that arrives on a member's line is recorded on their loan; a sector meeting's collections go in as one batch from the Excel template.
Staff loans run on the same book as member loans, with repayments deducted on the pay run.
Pricing
Payment is in US dollars by card; the Rwandan franc amounts below are an indicative conversion for setting the plans against an Umurenge SACCO or MFI budget. See the full loan management software pricing in Rwanda.
Prices shown in Rwandan Franc (RWF)
RWF 37,000
/month
Billed yearly at RWF 450,000
RWF 140,000
/month
Billed yearly at RWF 1,600,000
RWF 200,000
/month
Billed yearly at RWF 2,400,000
RWF 285,000
/month
Billed yearly at RWF 3,350,000
Yes. Set the workspace currency to RWF and every loan, schedule, member statement and financial statement is in Rwandan francs. Lendbox runs the lending side; savings and share registers stay where the SACCO keeps them.
An officer posts each repayment against the loan when it lands, or you upload a collection round as one bulk batch from an Excel template. Lendbox does not connect to the Rwandan mobile money networks, so nothing is pulled automatically.
The report pack gives you what the return needs: days past due per loan from the ageing buckets, portfolio at risk by product, branch and officer, and the trial balance, income statement and balance sheet straight from the ledger. Classifying and provisioning stay with you, against BNR's categories, and the return itself is yours to submit.
Yes. Branches are set up in the same workspace, each with its own staff, and reports break down by branch and by officer. Plans are priced by the number of branches and staff members, so a single-sector SACCO starts small.
Not yet. The payroll module runs staff loans and pay runs in francs, but RSSB and PAYE lines are configured by you rather than shipped as a preset. Presets currently cover Kenya, Nigeria, the Philippines, Tanzania, Uganda, South Africa and Zambia.
Yes. The marketing site is available in French at lendbox.io/fr; the lending dashboard itself is in English, and borrower-facing templates can be written in French or Kinyarwanda in the document editor.
From Basic for a one-branch SACCO or MFI to Enterprise, each plan is a dollar subscription paid by card. The pricing grid on this page shows the franc equivalent at an indicative rate when one is available; your card statement carries the dollar amount.