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    Asian College Quezon City

    Uploaded by

    Matt Danielle Perez
    This document presents a proposed loan management system project for Lighthouse Money Lend Inc. The project aims to develop a new system to replace Lighthouse's outdated current system. The new system will help organize customer information, record transactions, approve loans, print receipts, and generate reports. This will help streamline operations and reduce the time spent on tasks by both administrators and customers. The scope of the project is to upgrade the current system, maintain confidential client records, and facilitate loan disbursements. The system will be limited to authorized users and require in-person transactions.

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    © All Rights Reserved
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    Asian College Quezon City

    Uploaded by

    Matt Danielle Perez
    23 views5 pages
    This document presents a proposed loan management system project for Lighthouse Money Lend Inc. The project aims to develop a new system to replace Lighthouse's outdated current system. The new system will help organize customer information, record transactions, approve loans, print receipts, and generate reports. This will help streamline operations and reduce the time spent on tasks by both administrators and customers. The scope of the project is to upgrade the current system, maintain confidential client records, and facilitate loan disbursements. The system will be limited to authorized users and require in-person transactions.

    Original Description:

    Loan Management

    Original Title

    Chapter 1

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    This document presents a proposed loan management system project for Lighthouse Money Lend Inc. The project aims to develop a new system to replace Lighthouse's outdated current system. The new system will help organize customer information, record transactions, approve loans, print receipts, and generate reports. This will help streamline operations and reduce the time spent on tasks by both administrators and customers. The scope of the project is to upgrade the current system, maintain confidential client records, and facilitate loan disbursements. The system will be limited to authorized users and require in-person transactions.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    23 views5 pages

    Asian College Quezon City

    Uploaded by

    Matt Danielle Perez
    This document presents a proposed loan management system project for Lighthouse Money Lend Inc. The project aims to develop a new system to replace Lighthouse's outdated current system. The new system will help organize customer information, record transactions, approve loans, print receipts, and generate reports. This will help streamline operations and reduce the time spent on tasks by both administrators and customers. The scope of the project is to upgrade the current system, maintain confidential client records, and facilitate loan disbursements. The system will be limited to authorized users and require in-person transactions.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    of 5

    1

    ASIAN COLLEGE QUEZON CITY

    Loan Management System


    For Lighthouse Money Lend Inc.

    A Project Presented to the Faculty of the


    College of Computer Studies Department
    Asian College Quezon City

    In Partial Fulfillment of the Requirements for


    BSIT-WMA / BSIT-CS

    PROJECT MANAGEMENT

    Presented by
    Matt Danielle P. Perez
    Ella Marie C. Pernecita
    Mark Efren T. Maming

    September 30, 2019


    2

    ASIAN COLLEGE QUEZON CITY

    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.

    PROJECT BACKGROUND AND CONTEXT

    In society, technology touches every part of lives because of its rapid

    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

    technology. Because of technology, has become people great companion on their

    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

    easier for the owner of the business.

    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

    money flows between them and their clients.


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    ASIAN COLLEGE QUEZON CITY

    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.

    PROJECT PURPOSE AND DESCRIPTION

    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

    and transactions of the customers.


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    ASIAN COLLEGE QUEZON CITY

    OBJECTIVE OF THE PROJECT

    The main objective of the proposed system is to develop a loan management

    system for Lighthouse Money Lend Inc.

     To upgrade the System

     To maintain the confidentiality of the clients’ Individual records

     To be easily lend money for the client

    SCOPE AND LIMITATIONS

    The scope of the proposed system focuses to determine the following:

     The system can accept Client daily payments.

     The system will store the information of each client and make it

    confidential.

    The limitations of the proposed system are:

     The owner of the business and the users assigned by the owner are

    authorized to open the proposed system.

     The payment transactions can only be done in person.


    5

    ASIAN COLLEGE QUEZON CITY

    DEFINITION OF TERMS

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