Microfinance by NVDRA
Lend faster. Recover on time.
Applications with documents, owner approval in bulk, flat, reducing or utilized-balance charging, schedules, receipts and recovery: for microfinance companies across Pakistan.
- charging modes
- 3
- digit borrower ID
- 8
- ready reports
- 5
charging modes
digit borrower ID
ready reports
One borrower ID
An 8-digit ID per person, shown by each lender as MFC-CIT-12345678. One CNIC, one record, every lender.
Three charging modes
Flat rate, reducing balance or utilized balance, with your own service, processing and late fees.
Bulk sanctions
Tick many applications and approve them together: one sanction ID and one sanction letter.
One loan at a time
A borrower with an unpaid loan anywhere on NVDRA Loans cannot borrow again until it is repaid.
Everything a lender needs
From the application form to the last instalment
Built for Pakistan: CNIC-based borrowers, province and city addresses, rupee amounts and JazzCash, Easypaisa and Raast repayments.
Online applications
Borrowers apply from their phone, or your accountant fills the form at the counter. Both see every instalment first.
Required documents
You list the documents each product needs; uploads are checked before an application can be sent. View, download one or all as a zip.
Owner approval
Review, change the amount, reject with a reason, or sanction several at once under one sanction ID.
Fees your way
Interest / profit per year or for the whole period, service fee and form processing fee as % or a fixed sum, deducted, spread or paid upfront.
Schedules & late fees
Instalments fixed on the payout date; late fees after your grace days; overdue lists for the recovery round.
Repayments & receipts
Cash, bank, JazzCash, Easypaisa or Raast with a printable receipt; wrong entries are reversed, never deleted.
Credit lines
Utilized-balance lines: draw and repay any time, the charge is worked out day by day and posted monthly.
Reports
Portfolio, overdue ageing (PAR), collections, disbursements and the sanction register, printable and CSV.
Who uses it
Three profiles, one NVDRA login
The same person can own one company, be the accountant of another and borrow as themselves, switching profiles from the top bar.
Owner
Runs the microfinance company
- Sets products, rates and fees
- Lists the documents needed
- Approves and sanctions in bulk
- Adds accountants, sees all reports
Accountant
Works the counter
- Registers borrowers by CNIC
- Fills applications, uploads documents
- Takes the processing fee
- Pays out and collects instalments
Borrower
Any person in Pakistan
- Gets an 8-digit borrower ID
- Compares lenders and fees
- Applies and uploads documents online
- Follows schedule, balance and receipts
Packages for lenders
Pay yearly for what your company uses
Borrowers never pay NVDRA anything to apply.
Growth
Growing branches with email alerts
PKR 120,000
per year
- Email alerts to borrowers ∞
Enterprise
Unlimited applications and products
PKR 300,000
per year
- Email alerts to borrowers ∞
FAQs
Questions lenders and borrowers ask
Still unsure? The NVDRA team is one message away.
Contact usWhat is MFC-CIT-ID? +
Every borrower and sanction ID starts with the lender’s 3-letter company code (MFC) and a 3-letter city code (CIT), followed by 8 digits, e.g. KMF-KHI-48213907. The 8 digits of a borrower never change, whichever lender they borrow from.
Can a borrower take loans from several companies? +
Yes, one after another. While a loan is unpaid, or an application is in progress, with any lender on NVDRA Loans, a new application is blocked until it is fully repaid.
Which charging modes are supported? +
Fixed / flat rate (charged on the full amount, same every month, e.g. Murabaha), reducing balance (charged on the principal still owed, equal monthly instalments) and utilized balance (charged daily on what is drawn, like running finance).
Who approves a loan? +
Only the owner. Accountants and borrowers send applications; the owner ticks one or many and sanctions them together, and each gets the same sanction ID.
Do borrowers need an account? +
Borrowers who apply online sign up with a free NVDRA account. People who walk in can be registered by the accountant, with or without a login of their own.
Bring your loan book online today
Sign up with NVDRA, register your company and choose a package. Accountants join with their own login; borrowers apply from their phones.