Twezimbe monitors guarantors, ensuring they meet the required criteria and are not overextended. The platform sends automated alerts if a guarantor’s status changes or if they become ineligible.
The Platform tracks all collateral assets, ensuring they are properly documented and valued. Automated reminders are sent for collateral items needing renewal, such as insurance policies and land titles to ensure timely return of assets to the owners.
Twezimbe generates demand notices and alerts for overdue payments, keeping the team proactive in managing defaults. Twezimbe can automatically initiate recovery actions based on predefined rules, such as offsetting guarantor deposits. The system offers detailed reporting. It generates detailed risk reports, including loan portfolio at risk, loan aging, and defaulters. As well as uses real-time data to make informed decisions and mitigate potential risks before they escalate.
With Twezimbe, you gain comprehensive tools to manage and mitigate risks effectively, ensuring financial stability and proactive decision-making for your SACCO or community group.
