18-04-2013, 03:09 PM
Database Management System Mini Project
Database Management.doc (Size: 35.5 KB / Downloads: 43)
Objective
To develop a website to provide a portal for customers who can’t afford the traditional banking system to perform micro-finance banking away from the physical banks.
Users of the system
• Bank microfinance customers with bank accounts.
• Bank administrators to manage customers.
• Bank managers to evaluate individuals’ performances and assistance required.
Features
a) Customers
• A new customer first signs up for an account .Secure authentication implemented by giving each customer a unique username and password using which he can login to the website.
• When a customer wants to borrow a loan from the institution, he has to approach the administrator for his loan to be sanctioned.
• The customer can view his previous transactions in detail.
• The customer can also view his future options which would serve as a roadmap for his financing.
b) Administrators
• A new administrator first signs up for an account .Secure authentication implemented by giving each administrator a unique username and password using which he can login to the website.
• The administrator grants loans to the new customers directly whereas for the old customers he checks if they are eligible for another loan and sanctions accordingly.
• It is through the administrator that the customers repay the loans sanctioned to them (with minimal interest) through instalments.
c) Manager
• He is the head of the hierarchical microfinance system.
• He keeps track of all the current customers and administrators in the system and provides assistance to both.