Philippines
Loan collection software for Philippine microenterprise lenders
Sari-sari stores, market vendors and transport operators often repay small loans daily or weekly. Vasool Raja can be set up for a Philippine company so field collections are recorded in pesos on Manila time.
Company setup for the Philippines
A company set up for the Philippines uses PHP (shown as ₱), the Asia/Manila time zone and the +63 calling code. The business date follows local time, so daily lines open and close on the Philippine calendar.
The app interface is in English, Hindi and Tamil. Most Philippine teams will use English; there is no Filipino interface at present.
Matching collections to borrower cash flow
Daily or weekly field collection can fit businesses with daily turnover, while monthly schedules may suit others. You can run daily, weekly, monthly and monthly-interest lines in one company, assign collectors to lines and see unpaid, missed and paid accounts each day.
- Payment mode recorded with every repayment
- Payment corrections with a visible trail
- Offline capture for areas with weak coverage
Know your regulatory home
In the Philippines, the type of institution matters more than how often you collect. The Bangko Sentral ng Pilipinas describes microfinance loans for banks, while lending and financing companies fall under the Securities and Exchange Commission’s licensing, disclosure and market-conduct framework.
The informal 5-6 lending expression is well known, but a familiar name is not a compliance model. Vasool Raja is record-management software; it does not provide loans or financial services, and it does not confirm that a rate or product is permitted. Confirm your authority and rules with the SEC or BSP as applicable; this page is not legal advice.
Fair collection and data privacy
Use payment reminders and follow-up messages instead of pressure. Protect borrower data with role permissions, app lock, biometric or PIN unlock and optional passcode-protected PII encryption.
Pricing for Philippine companies
Published plan prices are in INR. For billing in the Philippines, contact fintrackhelp@outlook.com. You can start with a 60-day free trial.
Running lines and closing the day
Group borrowers into lines by market, route or collection day, and set each line’s business days and holidays. At the end of the day, the combined tally compares cash plus bank balance with the expected total, and differences must be explained before the day is approved. Portfolio health and overdue drilldowns show which accounts need attention.
Common questions
Can Vasool Raja show amounts in pesos?
Yes. A company set up for the Philippines uses PHP, Asia/Manila time and +63 phone numbers.
Is there a Filipino language option?
Not at present. The interface is available in English, Hindi and Tamil.
Does Vasool Raja register my lending company?
No. It keeps records only. Licensing for lending and financing companies is handled by the SEC; check your obligations with them or a local advisor.
Can I use the app without good mobile data?
Yes. Agents can capture collections offline and sync them when the connection returns.
See it with your own lines
Start with a 60-day free trial.
No card required. Vasool Raja is record-management software and does not provide loans or financial services.