Loan Management System for Instrastructure Debt Fund in AfricaEnterprise Applications
The Nigeria Infrastructure Debt Fund (NIDF or the company) is a close-ended investment trust which provides investors with regular and stable income by making primarily debt investments in infrastructure projects located in Nigeria.
challenge
NIDF has a large investment portfolio, and they needed a system to effectively track and also predict the case flows. They also needed to benchmark their loans against market interest rates, and track the EMIs against the loan portfolio. They also needed to manage in the system and loan pre-payments.
solution
7 dot 2 discussed both the current business requirements and future to develop a solution that was flexible to accomodate their busineess operations. Since there were a limited number of users 7 dot 2 developed a custom web application that was hosted securely in clients IT environment. The web application had all the features required for managing the infratructure loans and at the sametime the UI was kept simple due tolimted number of users.
Benefit
The web application solution from 7 dot 2has helped NIDF Loan and protfolio managers to easily track their portfolio, predcit cash-flows and manage all events like EMIs, pre-payments, interest rate benchmarking etc. The ease of use and business control were most appreciated. The solution was very cost-effective as the focus was on necessary features only.
7 dot 2’s value proposition is immense. We get best in class IT support (wide spectrum) at very effective cost. This creates win win for both. Wish you continue maniacal customer focus and grow.
