As part of its new business direction, the iTaukei Land Trust Board (iTLTB) has taken a significant step to strengthen the delivery and management of its iTaukei Development Fund Facility (TDFF) loans by partnering with Software Factory Ltd (SFL) to develop and implement a dedicated loan management system.
With more than 60 iTaukei individuals and landowning units already part of the iTaukei Development Fund Facility loan portfolio, iTLTB CEO Solomone Nata says it is now critical to establish a reliable and modern system to manage loan disbursements, track repayments, and monitor borrower performance.
Nata says they believe it is only proper to get a purpose-built platform in place that allows them to efficiently manage the entire life-cycle of these loans and provide better support to landowners.
The new system, known as LoanWorksNGX, will be designed and deployed by Software Factory Ltd, an iTaukei-owned software company with a strong track record in fintech solutions.
SFL CEO Semi Tukana confirmed that the contract includes the full loan life-cycle management (from application to closure), unlimited user licenses with mobile accessibility, on-site hosting and cloud integration, training for iTLTB staff (including IT, Finance, Trust, and TDF teams), 30-day post-implementation support, and compliance with Reserve Bank of Fiji standards and ISO27001 information security protocols
Tukana adds they are proud to support iTLTB and contribute to this visionary step in empowering iTaukei landowners.
He says this modern solution is designed to boost efficiency and financial transparency while helping landowners thrive in the areas of commerce and investment.
The new credit facility and loan management system is scheduled for launch in July 2025, setting the foundation for smarter, secure, and inclusive financial services under TLTB’s evolving mandate.
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