CORETEC SOLUTIONS AFRICA LTD

Kenya USA Diaspora SACCO, a financial institution with nearly 3,000 members (over 95% in the US) and Ksh 565 million in assets, replaced its desktop-based system with Coretec's CoopMIS cloud ERP to serve its diaspora membership. The implementation automated loan processing, financial reporting, and member management, enabling remote access, paperless operations, and real-time updates while reducing IT and operational costs. The SACCO reports faster loan disbursements, improved data accuracy, and enhanced member satisfaction, with the CEO calling CoopMIS a 'game-changer' for SACCOs.

Coretec Solutions Africa implemented Dynamics 365 Business Central, M-Sacco mobile banking, and Core-Cash agency banking for Ukristo na Ufanisi Sacco, a Kenyan SACCO with over 39,000 members and KSh 2.13 billion in assets. The digital transformation automated loan processing, reduced operational expenses, and improved turnaround time, leading to a 10-15% increase in membership and higher revenue from loans. The project overcame data migration and user adoption challenges through tailored training and ongoing support, delivering a unified platform that enhanced financial reporting and member experience.

Mzima Springs SACCO achieved a 60% reduction in processing time and eliminated over 70% of manual errors after implementing CoopMIS from Coretec Solutions Africa. The solution streamlined reconciliation, reporting, and statement generation, transforming semi-manual operations into a modern digital environment with improved data accuracy and real-time member access. Coretec's partnership approach delivered measurable efficiency gains, stronger internal controls, and greater transparency for the SACCO's growing membership.