Straight answers about what LoanKit is, who it's for, how much it costs, and how it handles field collections, accounting, migration, and security.
LoanKit is a cloud-based lending management software designed for Philippine lending companies, cooperatives, and microfinance institutions. It helps lenders manage borrowers, loan products, repayments, penalties, collections, and reports from a single platform.
Philippine lending companies, cooperatives, and microfinance institutions, from single-branch lenders to multi-branch operations with field collectors and credit investigators.
No. LoanKit is cloud-based and runs in a web browser, with installable mobile apps (PWA) for field staff. There's no server for you to maintain.
Yes. A mobile collector app with a daily worklist per collector, plus office-side cash verification before payments post.
Yes. The collector and CI apps work offline and sync automatically when connectivity returns.
Daily, weekly, semi-monthly, and monthly schedules with flat or diminishing interest, plus configurable fees and penalties.
Yes. Built-in double-entry accounting that stays balanced automatically, with income statements, expense tracking, and reports.
Yes. Forced savings (Capital Build-Up) tracked per member, passbook-style, alongside their loans.
Plans start at ₱499/month with a 14-day free trial and no credit card required. Pricing scales with your branches, staff, and active borrowers. See the pricing page.
Each plan includes a monthly allowance of email notifications: borrower updates, approval and rejection notices, payment and due-date reminders, and verification codes. Your emails are never blocked. If you go over your monthly allowance, the extra emails still send and are billed at ₱0.25 each on your next invoice. You can see your email usage and any overage anytime in your dashboard.
Yes. Free during onboarding. We import your borrowers, loans, and opening balances from Excel or your previous system, reconcile them, and let your team review before go-live.
Cloud-hosted with automatic nightly backups and role-based access, aligned with the Data Privacy Act (R.A. 10173). Every action is logged in an audit trail.
Yes. Cancel with one click. Your data stays yours and exports as CSV.
Book a short demo and we'll answer it, and show LoanKit with your own loans.
📅 Book a Demo