Retail Credit

Anurag Bharadwaz
Sep 5, 2018 · 2 min read

Introducing the next generation Digital lending platform on mobile which is the bridging between the Retailers, Distributors/Company and Banks facilitating instant credit to the Retailers.

The transition from paper-based to digital is not only a matter of process — it is also a matter of channel. Next generation of innovations with digital lending will be focused on how banks can better understand and respond to the distributors and retailers needs, support them at every step in the lending process for buying consumer products at bulk.

We, Manam Infotech are acting as a bridge between retailers and distributors narrowing the gap digitally providing a single platform to manage their goods requirement and other analytics seamlessly. Data’s role in decision making will continue to grow especially with the machine learning technology advancing to mature and banks integrating new data sources, re-thinking the requirements to originate retailer loans, the requirements and reworking both company/distributor and retailer experience and the workflow to deliver an efficient, seamless lending experience. A virtuous cycle is driving the digital transformation of Retail Credit.

With the newly optimized Daraja’s DSR application, on-boarding for retailers has never been this easy before. The forward-thinking retailers can instantly on-board with the app, the bank will receive the necessary retailer details from the submitted details through the app and through different bureaus in the country.

Once the on-boarding is done, the retailers can now use the Daraja’s main Retailer Application. The bank can confirm all the relevant retailer details with the distributor/company before disbursal of any type of loan. The retailer app connects the retailer to the company/distributor they are collaborated with and bank members are able to configure the Daraja platform using a web based administrative console. This app mainly focuses on one aspect of the retailer’s need: Integrating all aspects of a retailer’s business, including all the goods management, payments done, requests sent to bank for loans and all other retail analytics. Retailers can now maintain multiple distributors/company efficiently from one single dashboard.

End-to-end suites are already on every retailer’s wish list and this is something we at Manam Infotech are bringing out for all the retailers and distributors. The data breaches are a top priority and we focus on ensuring that the retailer data is protected at all costs. We believe in managing both company/distributor and retailer data providing a seamless experience.

Manam Infotech

A leading innovation in Financial Services Technology platform powering dynamic and latest digital financial services.

Anurag Bharadwaz

Written by

Marketing Executive, Digital Marketeer

Manam Infotech

A leading innovation in Financial Services Technology platform powering dynamic and latest digital financial services.

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