System Overview

Abstract

Kredete Inc is a comprehensive credit technology (CreditTech) platform designed for financial institutions, microfinance organizations, and fintech companies operating in emerging markets. The platform provides end-to-end credit lifecycle management, from customer onboarding and credit scoring to loan disbursement and collections.

All products created by Kredete are built on a Core Ledger System, which serves as an immutable financial record-keeping engine ensuring audit compliance and regulatory adherence.

Mission Statement

To democratize access to credit through technology, enabling financial institutions to serve underbanked populations efficiently and responsibly.


Development Practices

Our development cycle follows industry best practices and regulatory requirements:

Compliance & Certifications

  • 🔒 PCI DSS Level 1 - Annual QSA audit and quarterly ASV scanning
  • 🔒 SOC 2 Type II - Security, availability, and confidentiality controls
  • 🔒 ISO 27001 - Information security management
  • 🔒 Central Bank Certifications - Nigeria (CBN), Kenya (CBK), Ghana (BoG)
  • 🔒 GDPR/NDPR Compliant - Data protection regulations

Security Testing

  • Regular Automated Security Vulnerability (ASV) testing
  • Quarterly penetration testing by certified third parties
  • Continuous SAST/DAST integration in CI/CD pipeline
  • Bug bounty program through HackerOne

Performance Standards

  • 99.95% uptime SLA for production services
  • < 200ms API response time (P95)
  • Regular load testing (10,000 concurrent users)
  • Automated performance regression testing

Technology Stack

Backend Services

Technology Purpose
Go (Golang) Core microservices, high-performance APIs
Python Credit scoring ML models, data processing
Node.js Real-time services, webhooks, notifications
Ruby on Rails Admin dashboards, internal tools

Data Infrastructure

Technology Purpose
PostgreSQL Primary transactional database (ACID compliant)
MongoDB Document storage, application logs, analytics
Redis Caching, session management, rate limiting
Apache Kafka Event streaming, message queuing
Elasticsearch Search, log aggregation, analytics
TimescaleDB Time-series data, financial metrics

DevOps & Infrastructure

Technology Purpose
Kubernetes (K8s) Container orchestration
Docker Containerization
Terraform Infrastructure as Code
Ansible Configuration management
GitLab CI/CD Continuous integration and deployment
ArgoCD GitOps continuous delivery
Prometheus/Grafana Monitoring and alerting
Jaeger Distributed tracing

Cloud Infrastructure

Provider Usage
AWS Primary cloud (eu-west-1, af-south-1)
Google Cloud ML/AI workloads, BigQuery analytics
Azure Disaster recovery, backup region

Kredete Products and Components

1. Credit Origination System (COS)

Complete loan application and underwriting platform

  • Digital loan applications (mobile/web)
  • Automated document collection
  • Real-time credit decisioning
  • Multi-stage approval workflows

2. Credit Scoring Engine (CSE)

AI-powered risk assessment and scoring

  • Alternative data scoring (mobile money, telco data)
  • Traditional bureau integration
  • Custom scorecard builder
  • Model monitoring and drift detection

3. Core Ledger System (CLS)

Immutable financial record-keeping

  • Double-entry bookkeeping
  • Multi-currency support
  • Real-time balance computation
  • Audit trail and compliance reporting

4. Loan Management System (LMS)

End-to-end loan lifecycle management

  • Disbursement processing
  • Repayment scheduling
  • Interest calculation engine
  • Penalty and fee management

5. Collections Management Platform (CMP)

Intelligent collections and recovery

  • Rule-based collection strategies
  • Multi-channel communications
  • Field agent management
  • Recovery analytics

6. Digital Banking Module (DBM)

Customer-facing banking services

  • Account management
  • Fund transfers (internal/external)
  • Mobile money integration
  • Statement generation

7. Partner Integration Hub (PIH)

Third-party service integrations

  • Credit bureau connectors
  • Payment gateway integrations
  • KYC/AML service providers
  • Mobile network operators

8. Business Intelligence Platform (BIP)

Analytics and reporting

  • Real-time dashboards
  • Portfolio analytics
  • Regulatory reporting
  • Custom report builder

Web Applications

1. Customer Mobile Application

Target Users: Loan applicants, existing borrowers

Features:

  • Loan application wizard with document upload
  • Real-time application status tracking
  • Loan offer comparison and acceptance
  • Repayment schedule and reminders
  • Digital receipts and statements
  • In-app customer support chat
  • Biometric authentication (fingerprint/face)
  • Loan calculator and eligibility checker

2. Customer Web Portal

Target Users: Customers preferring web interface

Features:

  • Responsive design for all devices
  • Complete loan application process
  • Account management and profile updates
  • Document upload and management
  • Transaction history and statements
  • Support ticket management

3. Loan Officer Mobile Application

Target Users: Field loan officers, relationship managers

Features:

  • Customer onboarding and KYC collection
  • GPS-tagged site visits
  • Document scanning and verification
  • Offline data collection with sync
  • Real-time credit decision results
  • Collection task management
  • Daily activity reports

4. Operations Admin Console

Target Users: Operations managers, system administrators

Features:

  • User management and access control
  • Loan product configuration
  • Interest rate and fee management
  • Workflow configuration
  • System health monitoring
  • Batch job management

System Roles and Access Control

All modules implement Role-Based Access Control (RBAC) with the following hierarchy:

Administrative Roles

Role Access Level Permissions
System Administrator Full system access All configurations, user management, audit logs
Operations Manager Operations module Loan processing, user management, reports
Product Manager Configuration Loan products, rates, terms, workflows

Business Roles

Role Access Level Permissions
Credit Analyst Underwriting Application review, credit decisions, overrides
Senior Credit Analyst Enhanced underwriting Higher approval limits, policy exceptions
Credit Manager Credit department Team management, escalations, limit setting

Technical Roles

Role Access Level Permissions
API Consumer Public API REST API access within approved scopes
Integration Partner Partner API Partner-specific endpoints
Support Engineer Technical support Troubleshooting tools, limited data access

Performance Specifications

System Capacity

Metric Specification
Concurrent Users 50,000+
Transactions/second 5,000 TPS
Daily Loan Applications 100,000+
Data Storage Petabyte-scale

Response Time SLAs

Operation P50 P95 P99
API Read 50ms 150ms 300ms
API Write 100ms 250ms 500ms
Credit Decision 3s 8s 15s
Report Generation 5s 30s 120s