Project Overview
Project Description
Spec Elite Solutions Limited was engaged by Safaricom Investment Co-operative (SIC) to design and implement a robust mobile and web application to streamline property investments and financial transactions. The system, SIC MKONONI, enhances user experience by integrating property listings, shares trading, and financial transactions into one seamless platform.
Key Features of SIC MKONONI
Secure Access Control
- Secure login and sign-up for new and existing customers
- OTP verification for enhanced security
- Multi-level authentication for financial transactions
Property Management & Investment
- Property Listings: View and filter investment properties
- Detailed Property Information: Comprehensive descriptions, pricing, and availability
- Call to Action: Reserve, request a site visit, or make inquiries directly from the app
Shares Trading & Investment
- View available shares and trading history
- Buy & sell shares via multiple payment methods
- Member dashboard for tracking investments and dividends
Multiple Payment Integrations
- Wallet payments for seamless transactions
- MPESA & VISA integration for quick deposits and withdrawals
- Real-time balance and transaction history tracking
Profile & Account Management
- View financial statements, shares, and property investments in one dashboard
- Manage personal details, next of kin, and banking information
- Generate statements and payment schedules
Technology Stack & Implementation
- Frontend: React Native (mobile), ReactJS (web)
- Backend: Microsoft Business central.
- Security: Encrypted transactions, multi-factor authentication
- Cloud Hosting: Microsoft Azure for scalability and reliability
Impact & Business Value
- Enhanced User Experience: Members now have a seamless, digital-first investment experience.
- Operational Efficiency: SACCO processes such as share trading and property reservations are now automated.
- Increased Financial Transparency: Real-time tracking of shares, property, fixed deposit investments transactions.
- Scalability & Future Expansion: The system is built to accommodate growth and additional services.