Saturday, May 30, 2009: atom technologies has announced the formalisation of its association with Sahayata, a micro-finance institution (MFI) headquartered in Udaipur, Rajasthan recognised for working in the area of socio-economic development of women from weak economic backgrounds. atom’s m-collections solution model will provide Sahayata with a fully developed mobile solution for distributing loans and managing collections of loan repayments.
Sahayata provides micro loans to rural women, who women are self-employed and operate small businesses to support there livelihood. As these women are located in deep rural areas, it’s very difficult for Sahayata to reach them for disbursal tracking and loan repayment collection. atom’s mobile based m-Collections solution provides better reach to these geographical locations by using mobile connectivity.
Sahayata’s employees i.e. Sahayaks carry Java MIDP 2.0 mobile handsets with m-collection application loaded in it. This application helps them connect directly with the backend operations of Sahayata for real-time transaction recording to speedup the process.
“I am sure our m-collections application will help Sahayata reach out efficiently in those rural areas, who are really in need of micro-credit for their continuous livelihood,” said Dewang Neralla, director, atom technologies.
“We are happy to be associated with the dedicated and intellectually gifted team at atom technologies, and look forward to optimally utilising their customised mobile solutions for microfinance to the benefit of our customers by providing them with a best-in-class service experience,” explained Ajay Verma, managing director and CEO, Sahayata.
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