Mi Kuchubal

My Kuchubal is the digital tool designed to facilitate the administration, governance, and transparent accounting of Community Savings and Credit Groups (VSLA methodology).

With My Kuchubal, Boards of Directors and group members have a secure and reliable platform to record in-person financial transactions from their meetings without relying solely on paper ledgers.

Main features:

• Meeting and Attendance Management: In-person monitoring of ordinary and extraordinary meetings, member attendance, and automatic validation of quorum requirements.

• Savings and Social Fund Registration: Transparent recording of savings contributions by installment, management of the social fund for community emergencies, and monitoring of the group's cash flow.

• 3-Key Loan Governance: Secure process for reviewing and approving community loans, driven by a methodology involving three independent signatures from the Board of Directors (Secretary, Treasurer, and President).

• Payment Control and Tracking: Clear record of fee repayments, group interest, and monitoring of overdue payments without arbitrary penalties.

• Individual Account Statements and Privacy: Each member can view their contributions, active loans, and individual receipts while safeguarding the privacy of their personal data.

• Cycle Closure and Transparent Distribution: Automated calculation and fair distribution of accumulated savings and profits at the end of each group cycle.

• Offline Operation and Access: Access to accounting information and accumulated balances even in areas with limited internet connectivity.

Mi Kuchubal promotes financial inclusion, trust, and the strengthening of the community economy through technology.