A Powerful Toolkit for Your Nkhokwe

NkhokwePlus is more than just a ledger. It's a complete management system designed to bring security, transparency, and efficiency to your village savings and loan group.

Member & Contribution Management
  • Onboard new members securely with unique, single-use invite codes.
  • Automatically generate and assign unique Member IDs for clear record-keeping.
  • Track all savings contributions with a clear officer approval workflow to ensure financial accuracy.
  • View real-time savings balances for each member and the group as a whole.
Comprehensive Loan Management
  • Allow members to request loans through a simple, guided form.
  • Enforce a multi-step approval workflow for officers (Chairman, Secretary, Finance Officer) to ensure accountability.
  • Disburse funds from one or multiple group accounts with full traceability.
  • Track repayments and distinguish between paid (realized) and accrued (unrealized) interest.
  • Reschedule and top-up existing loans, which re-initiates the approval process.
Professional Chart of Accounts
  • Start with a professional template for Assets, Liabilities, Equity, Income, and Expenses.
  • Create custom internal accounts (Cash, Bank, Mobile Money) to accurately track where group funds are held.
  • Define external accounts to categorize income (e.g., Interest, Fees) and expenses (e.g., Stationery, Transport).
Full-Fledged Journal Entries
  • Go beyond basic entries with a complete journaling system for expert-level bookkeeping.
  • Record income and expenses, make transfers between accounts, and manage member debits/credits.
  • All journal entries require officer approval, ensuring a complete audit trail for every transaction.
Robust Roles & Security
  • Secure your group's operations with a clear role-based access system.
  • Assign key officer roles: Chairman, Secretary, Finance Officer, and Auditor.
  • Each role has specific permissions for approving contributions, loans, and managing settings.
  • Set group-wide security policies, like account lockout after failed login attempts.
  • Record-Keeping Only: NkhokwePlus is a management platform; we never process or hold your group's funds.
Customizable Group Policies
  • Define your group’s rules directly in the system via Group Settings.
  • Set contribution policies including default amounts, minimums, and maximums.
  • Establish a clear loan policy with interest rates, calculation methods, and repayment periods.
  • Create and manage a flexible Fee Policy for charges like late payments or registrations.
Dividend & Meeting Management
  • Define your group's financial years for accurate cycle-based accounting.
  • Close out financial years, automatically moving net profit to Retained Earnings.
  • Calculate and distribute dividends based on your group's policy (proportional or equal).
  • Schedule group meetings with an agenda, which require officer approval to be finalized.
Reporting & Analytics
  • Generate detailed, downloadable CSV reports on various aspects of your group's finances.
  • Create member lists, account balance statements, contribution summaries, and a full loan portfolio overview.
  • Gain valuable insights into your group's financial health and performance over time.
AI-Powered Tools & Growth
  • Utilize the AI Loan Impact tool to help members assess the affordability of a loan before they apply.
  • The AI provides personalized financial recommendations based on savings, income, and expenses.
  • Grow your community with a built-in referral system that rewards groups for bringing new VSLAs onto the platform.