Asian College Quezon City
Asian College Quezon City
Asian College Quezon City
PROJECT MANAGEMENT
Presented by
Matt Danielle P. Perez
Ella Marie C. Pernecita
Mark Efren T. Maming
CHAPTER I
INTRODUCTION
This chapter presents the project background and context, project purpose and
description, objectives of the study, scope and limitation and definition of terms.
development. It helps people to make the work easier and more efficient. During the
latest decade there has been a quick development in companies’ use of information
everyday work. With the recent boom in technology, more and more businesses or
establishments have been upgrading their arsenals and taking advantage of the
advancement in order to better serve their customers and also to make organization
Money lending business is a very popular business in the Philippines. People with
lending business let other person who needs money to borrow and pay it back added with
a specific interest. Formal or informal lending business is not an issue to the Filipinos.
Credit institutions use software systems or simply spreadsheets to record data about
Lighthouse Money Lend Inc. was established March 6, 2013 and after 2 months it
was already registered for business. They started with only two people and by the time
goes by the company start to grow and after 2 years they established a satellite office in
Cubao, Quezon City. The Lighthouse Money Lend Inc is still using a old system up until
now. Lighthouse Money Lend Inc. is a business letting people borrow money with a 2%
interest.
The loan management system is a system that can record the information of the
clients, the transactions, the loan approvals, printing of receipt and it can also send
reports. It’s a system that can help the owner of the business to lessen their time and
work. Businesses whether large or small have a form of records for their finances. A
lending management system is a database management system used to automate the loan
services of a business. It is also a system that can manage loan transactions, easy file
retrieval and entry. It will lessen the time of work for both the admin and clients.
The Lighthouse Money Lend Inc current system is not updated / old system
because of that it can slow the process of lending money and it is also unsecured. The
proponents came up to this proposed system to help the owner of the business to lessen
the time of their work. The purpose of this study is to develop a Loan Management
System for the Lighthouse Money Lend Inc to help the owner organize all the information
The system will store the information of each client and make it
confidential.
The owner of the business and the users assigned by the owner are
DEFINITION OF TERMS