Loandisk

RATING:

4.6

(24)

About Loandisk

Loandisk is a cloud-based accounting software that unites banks and their borrowers in one system. It also allows investors to access information about their microfinance investments through an investor dashboard. Loandisk empowers microfinance companies with a cloud-based loan management system that can streamline loan administration processes, make lending more accessible, and increase profitability.

Loandisk Pricing

Startup version costs $ 49 per month for 1 member of staff Business version costs $ 109 per month for 3 member of staff Company version costs $ 198 per month for 8 member of staff Enterprise version costs $ 298 per month for unlimited staff

Starting price: 

$49.00 per month

Free trial: 

Available

Free version: 

Available

Loandisk Reviews

Overall Rating

4.6

Ratings Breakdown

Secondary Ratings

Ease-of-use

4.5

Customer Support

4.5

Value for money

4.5

Functionality

4.5

Most Helpful Reviews for Loandisk

1 - 5 of 24 Reviews

otimeyin

Verified reviewer

Architecture & Planning, 2-10 employees

Used daily for less than 6 months

Review Source: Capterra
This review was submitted organically. No incentive was offered

OVERALL RATING:

5

EASE OF USE

5

VALUE FOR MONEY

5

CUSTOMER SUPPORT

4

FUNCTIONALITY

4

Reviewed December 2018

Great tool for your Microlending

Excellent

PROS

The Dashboard analysis and the claculations on Portfolio at Risk. The entire software is quite Brilliant with its accounting integration.

CONS

Its been good so far

Dune

Non-Profit Organization Management, 51-200 employees

Used daily for less than 2 years

Review Source: Capterra
This review was submitted organically. No incentive was offered

OVERALL RATING:

5

EASE OF USE

5

VALUE FOR MONEY

5

CUSTOMER SUPPORT

5

FUNCTIONALITY

4

Reviewed June 2020

akap

Outstanding

PROS

user friendly, flexible loan creation, etc..

CONS

Collection Sheets-more improved features..

Reason for choosing Loandisk

i find it more compatible with our loan products and services...

Reasons for switching to Loandisk

previous system is not cloud base server

User Profile

Balayo

Verified reviewer

Financial Services, 2-10 employees

Used daily for less than 12 months

Review Source: Capterra
This review was submitted organically. No incentive was offered

OVERALL RATING:

4

EASE OF USE

5

VALUE FOR MONEY

5

CUSTOMER SUPPORT

5

FUNCTIONALITY

5

Reviewed November 2023

LOANDISK, A MID PRICED LOAN MANAGEMENT SYSTEM

IN AREAS WITH INTERNET ACCESS, ITS A VAKUE FOR MONEY INVESTMENT AS THE INSTITUTION DOESN'T NEED HARDWARE TO START WORKING WITH LOANDISK, A COMPUTER OR TABLET IS GOOD ENOUGH TO START.

PROS

1. ITS INTERFACE FACILITATES QUICK LEARNING AND EASE OF USE AS IT STRAIGHT FORWARD. 2. THE FACT THAT THEY OFFER A MONTH TRIAL WITHOUT USER OFFERING THEIR CREDIT/DEBIT CARD DETAILS, THIS ENABLES A USER TAKE TIME WITH SOFTWARE TO MAKE A DECISION. 3. ITS COMPLIMENT USES SUCH AS EXPENSES MANAGEMENT ON THE DASH BOARD DO HELP MICRO AND SMALL FINANCIAL INSTITUTIONS GET VALUABLE CASHBOOK MANAGEMENT ON THE GO

CONS

1. ITS MONTHLY PAYMENT MODEL, SOME INSTITUTIONS I RECOMMENDED TO LOANDISK, DECLINED ON THE BASIS THAT THEY WANTED A ONE-OFF/LIFETIME SUBSCRIPTION. AND OTHERS DID SUGGEST ATLEAST USD 20 PER USER/MONTH FOR A SINGLE USER. 2. BEING CLOUDBASED MEANS THAT VILLAGES IN UGANDA WITHOUT INTERNET INFRASTRUCTURE SIMPLY CAN'T USE IT AND WOULD PREFER A WINDOWS DESKTOP APPLICATION.

Reason for choosing Loandisk

ITS STRAIGHT FORWARD DESIGN AND OPTIONS ESPECIALLY ON LOAN INTREST CALCULATIONS

juan

Non-Profit Organization Management, 2-10 employees

Used daily for more than 2 years

Review Source: Capterra
This review was submitted organically. No incentive was offered

OVERALL RATING:

5

EASE OF USE

5

VALUE FOR MONEY

5

CUSTOMER SUPPORT

5

FUNCTIONALITY

5

Reviewed June 2020

Best microfinance software out there. Period.

We make loans, savings, we can register our investments, managament, accountability, everything is integrated inside the software. It also suits perfect to our organizational structure based on branches.

PROS

Very easy to use, everything is well explained. Interface is as friendly as you can imagine. Cost is affordable specially for small organizations like us with few resources. Transactions are very simple to make which minimizes transaction costs a lot. The fact that is easy to use and friendly doesn't mean it doesn't have lots of features and alternatives for your product. Software is robust and suits as excellent both in the lending and saving products (we've never had any system crash so far). We've been looking for a software like Loandisk for a long time. We are thankful that we can use this software for our daily operations in such an affordable price for us.

CONS

The fact that there is not a spanish language limits our usage. Also developments take a while some time.

Reason for choosing Loandisk

We first chose it because it's price was the most affordable among all of the alternatives out there.

Reasons for switching to Loandisk

Last software was a slightly complicated and transactions required more time and effort. Also interface was not as friendly.

Osbert

Financial Services, 11-50 employees

Used daily for more than 2 years

Review Source: Capterra
This review was submitted organically. No incentive was offered

OVERALL RATING:

4

EASE OF USE

5

VALUE FOR MONEY

4

CUSTOMER SUPPORT

4

FUNCTIONALITY

4

Reviewed June 2020

Good micro finance lending software

I have used loan disk to serve over 2000 clients in Uganda, the system has been reliable and never dissapointed me.

PROS

The most impactful features is one that auto send sms reminding borrowers to pay, reports module covers all i need to look into as a director, Api that allows one to connect to other softwares and more. I would suggest to any starting financial institution to use this software it helped me start with minimal expenses on software.

CONS

Its in ability to do double entry accounting, the accounting they offer is a basic one you need another accounting software to operate with the software

Reason for choosing Loandisk

It was offering better competitive advantage options like price, quality and its good features

Reasons for switching to Loandisk

The features that were in loan disk were incomparable

Vendor Response

We are currently in the process of developing double entry accounting which should be ready in 2 months.

Replied June 2020