Lending System - 3694 Words

CHAPTER – I The Problem and It’s Setting INTRODUCTION As the world moves a global electronic place, lots of establishments are not upgrading their computers to the latest features just assures that their clients will be satisfied by the services that they give and create a friendly environment to each member. The existing loan transaction processing system used by the Kaguruan – Multi- Purpose Cooperative is manually operated. The loan takes two (2) days to be processed. This can be obsolete because of the presence of the computers, which could facilitate any transaction at faster rate. They use computer merely for their documentations and not for their system. In fact, they only use word and excel which are the generally used†¦show more content†¦The goal of loaning System of KMPC is to help each member and staff to make process easier and faster. The researcher would like to emphasize that the study is concentrating only n the loaning transaction of the coop and general services. The following are not covered by this study: * Other services of the cooperative like E-load, catering services, financing Laon and consumer loan. * Transaction of payment of the borrower’s are automatically deduct by the DepEd to their net pay are concerned to this study. SIGNIFICANCE OF THE STUDY The findings of this study will be of great help to the following Members This will be of great help to each member as to how and when to avail loan easier and faster. STAFF The system will help them make the process more organized, east to maintain, and update. It will also avoid consuming time in processing loan system and transaction that will be applicable to cooperative. END NOTES Kendall amp; kendall System Analysis and Design. Practice –Hall, Inc. 1999.P,153-158 CHAPTER II REVIEW OF RELATED LITERATURE AND STUDIES The researchers conducted a review of related literature and studies and identified those, which are closely related to the present study. 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