The core banking platform built for how microfinance really works
Group lending, daily contributions, field officers and CBN returns — designed in, not bolted on. Move off spreadsheets and ageing cores without a big-bang migration.
What MFBs tell us slows them down
“Groups live in spreadsheets”
Group and centre lending tracked outside the core means manual reconciliation every week.
BankQore: Groups, centres and joint liability are first-class records.
“A new product takes months”
Every rate or fee change waits for the vendor's next release.
BankQore: Configure in the Product Factory and publish after approval.
“Month-end is a fire drill”
Balances, NIP settlements and returns are pieced together by hand.
BankQore: A real-time ledger with automatic reconciliation.
Everything in one platform
Groups, centres and contribution schemes
◷ Phase 2
- Group and individual loans with joint liability
- Ajo and esusu contribution cycles with payouts
- Centre meetings and field-officer collections
- Portfolio-at-risk by officer, branch and product
Nigerian rules, designed in
◷ Pilot 2027
- NUBAN account numbering
- NIBSS NIP transfers with name enquiry
- BVN and NIN verification with KYC tiers
- goAML reporting and CBN returns
Starter or Growth
Most MFBs start on Starter and move to Growth for a dedicated database and their own keys.
Migrating from another core?
Our migration toolkit loads customers, accounts, loans and balances, then reconciles them to your trial balance before cut-over. Parallel runs are supported.
Questions from microfinance banks
Do you support both unit and state MFB licences?
Yes. Licence category sets the rules your products and limits follow; branches and states are configured, not coded.
Can our field officers collect repayments?
Yes — officers record collections against groups and members from the Workspace on a phone, with end-of-day balancing.
How long does a migration take?
Our target is eight weeks from contract to go-live for a typical MFB. We agree the plan with you after a data assessment.
See BankQore for microfinance
Group lending, contributions and CBN returns in one demo.