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News

Aspekt Powers PAMF’s Future with the Latest Version of APS

Innovate. Transform. Grow.
20 August 2024
Antananarivo, Madagascar

Aspekt is proud to announce the successful migration of Premiere Agence de Microfinance (PAMF) Madagascar to the latest version of the Aspekt Product Suite, Version 4.0.

Building on our strong partnership with PAMF Madagascar, Aspekt has successfully upgraded the client’s existing system to the newly released Aspekt Product Suite Version 4.0. This major update has been accurately restructured to meet the evolving demands of the financial industry, ensuring that PAMF Madagascar remains at the forefront of digital innovation. The migration aligns with PAMF’s objective to leverage the latest banking technology, enhancing operational efficiency and maintaining a competitive edge in the market.

The integration of Aspekt Product Suite Ver. 4.0 into PAMF’s operations reaffirms its position as a regional digital leader, setting the stage for further growth in its active loan portfolio. Key benefits of the upgrade have significantly streamlined the entire loan application workflow, resulting in faster processing times and the capacity to handle a higher volume of applications. Additionally, the implementation of digital loans has expanded access to financial services, particularly benefiting remote and underserved populations. The new system also enhances the speed of loan approval and disbursement, providing a more efficient alternative to traditional methods.

PAMF Madagascar is a leading microfinance bank, established in 2006 by the Aga Khan Agency for Microfinance (AKAM).  The Aga Khan Agency for Microfinance (AKAM), a non-profit agency of the Aga Khan Development Network (AKDN) and a member of the Aga Khan Fund for Economic Development (AKFED), is dedicated to reducing poverty and promoting economic and social inclusion. AKAM’s network operates microfinance institutions in countries across Africa, the Middle East and Central Asia.

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SOLUTION BY INDUSTRY:
  • Banking
  • Microfinance
  • Credit Unions (SACCOs)
  • Leasing
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  • Core Leasing System
  • Application & Loan Management
  • Payments
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