--- title: CAMS Features - Wakandi Group description: Wakandi is a digital financial system for SACCOs and MFIs in Africa to manage savings and loans, transactions, member data, and other operations digitally. image: https://wakandi.com/hubfs/CAMS-Fithure-background.jpg --- # Digitizing cooperatives for a better financial world Enhance operations and management of your savings group leading to better living conditions for millions of people. [![Book a Demo](https://no-cache.hubspot.com/cta/default/8254857/8c9c17b8-9095-44da-bd4a-fc518c1c59df.png)](https://cta-redirect.hubspot.com/cta/redirect/8254857/8c9c17b8-9095-44da-bd4a-fc518c1c59df) ## **Enable your savings group to manage finances efficiently** Wakandi is a digital financial system for savings groups and MFIs to manage savings and loans, transaction records, member data, and other operations digitally. Wakandi enables the members to deposit contributions, apply for loans and manage finances, all via a mobile phone. [![Book a Demo](https://no-cache.hubspot.com/cta/default/8254857/8c9c17b8-9095-44da-bd4a-fc518c1c59df.png)](https://cta-redirect.hubspot.com/cta/redirect/8254857/8c9c17b8-9095-44da-bd4a-fc518c1c59df) ![1-2](https://8254857.fs1.hubspotusercontent-na1.net/hub/8254857/hubfs/1-2.webp?width=1200&length=1200&name=1-2.webp) **Make contributions online through bank or ** **mobile money using the app** ![3-1-1](https://8254857.fs1.hubspotusercontent-na1.net/hub/8254857/hubfs/3-1-1.webp?width=1200&length=1200&name=3-1-1.webp) **Apply for loans easily and get the ** **money directly into your account**   ![apply-for-loan](https://8254857.fs1.hubspotusercontent-na1.net/hub/8254857/hubfs/apply-for-loan.webp?width=1200&length=1200&name=apply-for-loan.webp) **Keep track of savings and loans of your** ** SACCO using the app** ![laptop-top](https://8254857.fs1.hubspotusercontent-na1.net/hub/8254857/hubfs/laptop-top.webp?width=1200&length=1200&name=laptop-top.webp) **View and manage loan applications and** ** disbursements of the SACCO** ![5-1](https://8254857.fs1.hubspotusercontent-na1.net/hub/8254857/hubfs/5-1.webp?width=1200&length=1200&name=5-1.webp) **Reduce manual work and** **manage finances with ease** ![keypad](https://8254857.fs1.hubspotusercontent-na1.net/hub/8254857/hubfs/keypad.webp?width=1200&length=1200&name=keypad.webp) **Make contributions and loan repayments with the convenience of USSD** ## Empowering cooperatives with digitization ![Saving Module-1](https://wakandi.com/hubfs/Wakandi%20Grapgics,%20Icon%20and%20elements/Icons/Saving%20Module-1.svg) ##### Savings Members can make contributions easily using cash, bank, or mobile money. ![Lending Module-1](https://wakandi.com/hubfs/Wakandi%20Grapgics,%20Icon%20and%20elements/Icons/Lending%20Module-1.svg) ##### Loans Members can apply for loans online and get the amount into their preferred account. ![Payment Module1](https://wakandi.com/hubfs/Wakandi%20Grapgics,%20Icon%20and%20elements/Icons/Payment%20Module1.svg) ##### Payments Members can make payments using cash, bank, or mobile money. ![Administration Module-1](https://wakandi.com/hubfs/Wakandi%20Grapgics,%20Icon%20and%20elements/Icons/Administration%20Module-1.svg) ##### Administration Admins can manage tasks like reports, calculation, approving or rejecting loans, adding or removing members. ![Accounting Module1](https://wakandi.com/hubfs/Wakandi%20Grapgics,%20Icon%20and%20elements/Icons/Accounting%20Module1.svg) ##### Accounting Admins can have easy access to financial statements and reports for proper governance and compliance. ### **Benefits for admins** - Tailored system to suit the needs of different types of savings groups - Automated regulatory reports for faster and easier reporting - Easy implementation of SACCO policies to meet compliance - Configurable underwriting process for loan approval - Automatic reconciliation of payments - Automated KYC and member data management - Digital accounting system to create financial statements and reports - Builds financial history for members for access to formal financial products ![laptop-screen](https://wakandi.com/hubfs/laptop-screen.webp "laptop-screen") ![MicrosoftTeams-image (3)-2](https://wakandi.com/hs-fs/hubfs/MicrosoftTeams-image%20(3)-2.png?width=1201&height=1201&name=MicrosoftTeams-image%20(3)-2.png "MicrosoftTeams-image (3)-2") ### **Benefits for members** - Account management, with an overview of loans, savings and shares - Online payment for contribution and loan repayment - Ability to apply for loans  - iPhone and Android apps for smartphone users - Access through USSD codes for non-smartphone users - Enhanced productivity and convenience in everyday life by reducing the need for travel - Members receive a financial record, which in turn improves their credibility ### **Benefits for the user** - Account management, with an overview of loans, savings and shares - Online payment for contribution and loan repayment - Ability to apply for loans  - iPhone and Android apps for smartphone users - Access through USSD codes for non-smartphone users - Enhanced productivity and convenience in everyday life by reducing the need for travel - Members receive a financial record, which in turn improves their credibility ![MicrosoftTeams-image (3)-2](https://wakandi.com/hubfs/MicrosoftTeams-image%20(3)-2.png "MicrosoftTeams-image (3)-2") [![Book a Demo](https://no-cache.hubspot.com/cta/default/8254857/8c9c17b8-9095-44da-bd4a-fc518c1c59df.png)](https://cta-redirect.hubspot.com/cta/redirect/8254857/8c9c17b8-9095-44da-bd4a-fc518c1c59df) ### **Wakandi pricing** Our pricing philosophy is inspired by the cooperative (people first) approach of SACCOs. It enables us to offer users a cost-effective and transparent pricing experience.  You can read more about it [here.](https://wakandi.com/fair-pricing-philosophy/?hsLang=en) ### You might also like to read [Africa](https://blog.wakandi.com/tag/africa?hsLang=en), [CAMS](https://blog.wakandi.com/tag/cams?hsLang=en), [SACCOs](https://blog.wakandi.com/tag/saccos?hsLang=en), [product](https://blog.wakandi.com/tag/product?hsLang=en) ##### [Bringing the power of data to cooperatives](https://blog.wakandi.com/bringing-the-power-of-data-to-cooperatives?hsLang=en) Cooperatives working for decades have become a data mine. They have recorded and managed huge amounts of data such as contributions, loans, shares, income, account balances etc. This data, if... Jul 31, 2024 1:25:58 PM [Africa](https://blog.wakandi.com/tag/africa?hsLang=en), [kenya](https://blog.wakandi.com/tag/kenya?hsLang=en), [SACCOs](https://blog.wakandi.com/tag/saccos?hsLang=en), [Uganda](https://blog.wakandi.com/tag/uganda?hsLang=en), [Wakandi CAMS](https://blog.wakandi.com/tag/wakandi-cams?hsLang=en), [product](https://blog.wakandi.com/tag/product?hsLang=en) ##### [5 effective ways to boost SACCO membership growth](https://blog.wakandi.com/5-effective-ways-to-boost-sacco-membership-growth?hsLang=en) Savings and credit cooperatives (SACCOs) are member-driven organizations that offer members savings, investments and credit facilities to generate revenue. As they operate, they promote a culture of... Jul 12, 2024 12:59:50 PM [kenya](https://blog.wakandi.com/tag/kenya?hsLang=en), [CAMS](https://blog.wakandi.com/tag/cams?hsLang=en), [product](https://blog.wakandi.com/tag/product?hsLang=en) ##### [Digitizing Boda Boda SACCOs in Kenya with CAMS Starter](https://blog.wakandi.com/digitizing-boda-boda-saccos-in-kenya-with-cams-starter?hsLang=en) More than 1.2 million boda boda riders are working to provide transport and delivery services in Kenya. It is estimated that every rider makes 15 rides on average a day to fulfil their jobs and to... Sep 8, 2023 10:23:02 AM [ Read more ](https://blog.wakandi.com/?hsLang=en)