Question 1

What microfinance collection software works for SHGs?

Accepted Answer

FastFee supports group loan tracking for SHGs, JLGs and Nidhi companies. Field agents manage weekly or daily collection visits, record payments per member, and the owner sees consolidated village or area-wise reports in real time.

Question 2

Can FastFee handle weekly group collection meetings?

Accepted Answer

Yes. FastFee supports weekly group collection cycles where agents visit each group, collect from all members, and submit a consolidated payment summary from their mobile app. WhatsApp reminders go to group leaders before each meeting.

Question 3

Does FastFee work for Nidhi company member savings?

Accepted Answer

FastFee tracks recurring member contributions with a complete digital ledger. Members receive digital receipts after each contribution. The owner can generate member statements and pending contribution reports at any time.

Question 4

How does FastFee help microfinance with WhatsApp reminders?

Accepted Answer

Before each collection cycle, FastFee automatically sends WhatsApp reminders to borrowers or group leaders with due amounts. This reduces the number of missed or partial payments in collection meetings significantly.

Task	Register	FastFee
Weekly group collection	❌ Manual register pages	✅ Agent app with group list
Member reminder	❌ Agent calls group leader	✅ Auto WhatsApp before meeting
Area-wise report	❌ Manually compile	✅ Auto village/area dashboard
Member receipt	❌ Paper	✅ Instant digital WhatsApp receipt
Agent accountability	❌ No visibility	✅ Real-time agent collection data
Member statement	❌ Calculate manually	✅ Generate and share instantly

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