CHAPTER ONE

1.0 INTRODUCTION

A bank can be defined as a financial institution that engages in acceptance

of deposit of money, granting of credits (loans, overdraft, etc.) and other

transaction such as discounting of bills, foreign exchange etc. one of the

basic functions of a bank is to issue out loans to its interested customers.

There are two types of loans that are being issued out to customers;

They are:

1. Secured loans-: are loans backed by a pledge of some specific

valuable items, known as collateral, which can be seized by the

lender should the borrower fail to repay the loan.

2. Unsecured loans: - are loans that require no collateral, or security. In

this type of loan, the bank relies on the general credit record and the

earning power of the borrower. To increase their returns on such

loans, as well as to obtain some protection in case of default most

banks insist that the borrower maintain some minimum amount of

money at the bank while the loan is outstanding. Such a deposit is

called a compensating balance, meaning that while a borrower pays

interest on the full amount of a loan, a substantial portion of that loan

is kept on deposit in the bank.

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1.1 BACKGROUND OF STUDY

It is important to know that financial institution does not produce goods as

manufacturing firms do, nor do they transport and distribute goods, rather

one thing they do which is a very vital activity is that they help in clearing

payment for the participant in the economy, and this facilitates the division

of labor. Union Banks Bali Branch being a financial institution, is engaged

in the acceptance of deposit of money, granting of credit (by means of loan,

overdraft) and other transactions such as the discount of bills, foreign

exchange etc. Loans being one of the transactions being done in the bank

are a type of debt. Like all debt instruments, a loan entails the redistribution

of financial assets over time, between the lender and the borrower. The

borrower initially does receive an amount of money from the lender, which

he has to pay back, usually but not always in regular installments to the

lender. This service is generally provided at a cost referred to as interest on

the debt. A loan is of the annuity type if the amount paid periodically (for

paying off and interest together) is fixed. Since computer in business has

risen above the detailed clerical automation, to providing decision-making

assistance at a highest level of management. The ability of computer to

store, retrieve and analyze data at tremendous speed at low cost has made it

imperative for large corporation and industry to depend on its accuracy and

2
efficiency in its operation. With the environment at fast pace, viewing this

development as an opportunity to increase their influence and control the

data processing of the organization. Business carried out in some

organization is now totally dependent on the accurate operations of

computers. The banking industry is no exception to the capabilities the

computer provides especially in the area of loan and advances, which in no

small measures contribute to the financing of individuals and business and

to enhance economic development. The need for a computerized Loan

disbursement control in Union Bank banks Bali is to provide prompt,

efficient and better quality services for customers and to ensure

competitiveness in banks.

1.2 STATEMENT OF THE PROBLEM

Loan disbursement control from the data processing point of view has

generated many problems, which include the following.

1. Vital document stands the risk of exposure to ill motivated hands,

hence rendering the authenticity of such document to be

questionable.

2. Operations ranging from routine task to highly sophisticated task

must be carried out in banks there by necessitating a considerable

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 programming effort to ensure that all requirements are properly taken

care of.

3. File assessing, maintenance, updating and referencing operation

requires a day-to-day basic activity.

4. The time between time of generating and producing of actual

hardcopy of the documents can create room for falsification. Since

the document move from hand to hand and from office to office.

5. Input and output operations are normally performed in large quantity

and these constitute a considerable burden on the personnel and

equipment.

1.3 AIM AND OBJECTIVES OF THE STUDY

This project aims at developing a computer program that aids in disbursing

and assessing client worthiness, provides complimentary electronics

assistance to the loan officer, through availability of computerized

information system.

1. This helps to increase the speed of data processing as to enable the

system execute various services given to their numerous customers.

2. It also provides a system that is cost effective, efficient, severed and

reliable. Finally, in computerizing the loan calculation.

1.4 SCOPE AND LIMITATION OF STUDY

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The scope of this study was narrowed down to storage of client personal

data, calculation of amount of money that been disabuse and interest on

loan, and credit-rating. They study could not go beyond the above limit due

to the following constraint.

Confidentiality of the bank, Bank is known to maintain high policy on some

confidential documents.

1.5 SIGNIFICANCE OF STUDY

This study is designed to make the computer system to increase its

speed, work effectively and efficiently. It will also help in accessing and

securing client’s information through the use of password, and also backlog

of job will be a thing of the past.

1.6 DEFINITION OF TERMS

AUTOMATION:-This is an electronic or computer based application that is

used to execute a task.

CLIENT:-This refers to a customer that needs the services of a bank.

COLLATERALS:-This refers to the properties which is normally pledge as

a guarantee for the payment of loan.

CREDIT PERIOD:-This is the length of time a credit customer has to pay

money in full.

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CREDIT RATING:-This is the rating of a client’s income to a given

duration.

CREDIT TERMS:-states the condition under which a client is required to

pay a bank for a loan extended to it.

DATA:-are raw facts collected from different source with-out a meaningful

conclusion.

DATA PROCESSING:-it is a method of collecting, manipulating and

disseminating data.

LOAN:-sum of money that is lent to somebody of an organization by a

bank or financial institution.

PERSONAL LOAN:-This is a type of loan collected by an individual for

personal effect.

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 CHAPTER TWO

2.0 LITERATURE REVIEW

2.1 THEORETICAL FRAME WORK

The need and criteria for loan have been extensively discussed in the

literature review. U.B.S Dictionary of Banking and finance (2010) defined

bank credit as the ability to borrow money on the promise of future

repayment. The prudential guidelines briefly convey a more comprehensive

definition of credit, it defines credit facility as the aggregate of all loans,

advances, overdrafts, commercial papers, bankers’ acceptances, bill

discounted, leases, guarantees and other loss contingencies connected with

a bank´s credit risks. Also, the definition of credit proposed by the CBN

Monetary policy circular (2010) agrees with the view above. Generally, we

could conclude that credit includes all commitments by a bank that has risk

exposure and that may result in financial loss to the bank. Mandel (1999)

described credit simply as the right of a lender to receive money in the

future in return for his obligation to transfer the use of funds to another

party in the interim. The facility is as old as man, though in the primitive

society it was known as “mutual aid”, because it was based on ancient

customer of ensuring substance of all members of the community. Credit

therefore arises out of the need to bridge the gap between the surplus and

7
deficit economic units such that the highest level of satisfactory function is

performed by the financial institutions notable among which are the

Money-deposit banks. In agreeing with this view, Corley (1990) and

Adeniyi (1995) stated that credit is a crucial factor in growth process of any

economy and that by lending banks provide a valuable services to the

community as they serve to channel money from those who have idle fund

to those who put the money in to constructive use.

2.2 CREDIT ADMINISTRATION IN UNION BANKS.

The union Bank started operation in Nigeria in 1917 as the

Colonial Bank with an initial capital of N10, 000.00 at its first branch in

Lagos. In that same year, branches were opened at Jos and Port-Harcourt.

The following year 1918, more branches were opened at Ebute-Melta,

Ibadan, Kano, Onitsha and Zaria. In 1925, Barclays Bank (Dominion,

colonial and overseas) was incorporated to take over the activities of

colonial Bank along with other two British banks. The Barclays bank

(Dominion, Colonial and Overseas) in 1954 had a total of nine branches in

operation in Nigeria. After twenty-five years, three branches at Aba, Gusau

and Ijebu-Ode were added to the existing nine branches. However, during

the depression of the late 1930’s and early 1940 are several branches

including Aba (1934). Burutu (1942), Ebute-metta (1940) Gusau (1942) and

8
Onitsha (1942) were closed down. At the dawn of the 1950’s the bank name

was changed to Barclays Bank (Doc), during the period also, 1957 to be

precise, a local head office of the bank was established in Lagos headed. A

spate of uninterrupted expansion which saw the opening of all the closed

down office except Burutu was noticed. In 1960, another structural changes

took place. This time, regional managers were appointed for the

administration of branches in the eastern, western and northern Nigeria. The

regional managers were responsible to the general manager at Lagos who

was the Chief executive of the local Administration of the bank in Nigeria.

In 1960, the bank was legally incorporated in Nigeria as Barclays bank of

Nigeria limited being a wholly named subsidiary at number 40 marina street

Lagos. The ownership of the bank became listed on the Nigeria citizens and

associations. In compliance with the Nigerian Enterprise promotion Decree

1972 as amended up to 1977 the federal government of Nigeria through the

federal ministry of finance incorporated acquired by Barclays Bank

international. To reflect the new ownership structure, the bank in 1979

changed its name to union bank of Nigerian with its Board of directors

elected/appointed by shareholders. The chief of the bank’s staff is the

managing director who sees to the daily operation of the bank. The bank is

divided into four divisions for administrative purpose. The divisions are:

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 1. Finance and planning

2. Management services

3. Operations-up-country

4. Lagos operations and corporate finance.

Each division is headed by an executive director who reports to the

management directors. The executive directors are assisted by Assistant

General Managers. The operation division oversee the area offices which in

turn oversee the branches in their respective areas.

2.3 LENDING AND CREDIT ANALYSIS.

Most commercial activities of the bank are originated at the branch

level with the area offices, and head office acting mainly as authorizing and

control centers. Branch offices are the contact points with the public, it is at

the branch offices that the accounts are dominated. All credit application

small or big are therefore submitted to the branch manager except where

special credit services are to be offered to corporate customer, in which case

the request could go straight and originate at the corporate banking group.

The bank recognized that a well-made loan is half collected. Therefore a

customer´s request for a bank facility is critically and systematically

analyzed before the facility is granted. The judgment of the lending officer

and his confidence in the ability of the borrower cannot be over-

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emphasized. Certain criteria are fixed and what the borrower must meet in

order to qualify the advance. These criteria are called guides or cannons of

Lending are in banking parlance known as the five C’s of credit. These are

character, capacity, capital, condition and collateral. A lot of information is

needed by the lending officers to properly address the cannons of lending

vis -a -vis the prospective borrower. An initial interview therefore is the

first basic step and very crucial in the analysis of credit by union Bank of

Nigeria limited. Each application for loan carries its own peculiar problems

and may require slightly different mode of investigation. Therefore the

lending officers are expected to conduct the initial interview with high

degree of fact. Having said that, we lost the basic steps in obtaining a loan

from Union Bank of Nigeria Limited.

STEP ONE: The customer submits his application to his branch manager

who conducts the initial interview. Sound lending questions must be asked

because the applicant may innocently or deliberately omit pertinent facts

about the proposal. Some of the question which should guide the manager

(analyst) at the interview including the following:

1. Who is the applicant

2. How long is he known to the bank

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If a fresh customer who were his previous bankers and why has he come to

this bank.

1. How much credit is required

2. What is the purpose of the loan

3. How long is the loan required

4. What is the sources and method of repayment

Will the loan be helpful to the borrower and at the same time be profitable

to the bank? How covered will the default be by the security offered? What

is the financial position of the business for this purpose, he obtains and

appraises the relevant supporting document, including the historical

financial statement the project cash flow statement, the performed invoice

and of a new project, feasibility studies report, etc.

STEP TWO: Having obtained satisfactory answers to the issues raised in

step one the manager approves the facility within his discretionary limits,

otherwise he prepares and submits to area office a formal credit application

of the banks special proposal form. The proposed form is so designed to

carry information obtained through personal interview, visits, local reports

and bank records. All these will be attached to all other relevant

documents as required by the controlling office for proper analysis of the

proposal. The manager should also include his recommendation letter on

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the proposal form to that effect he has infect adopted the customer’s

application and is committed to ensure proper utilization and eventual

recovery of the loan if granted.

STEP THREE: At the Area office, the Area advances analyst cross checks

the proposal with the supporting documents and passes with his own

comments for the area manager’s. Area manager then approves or declines

the proposal and advises the branch manager accordingly. Note that where

the amount requested is beyond the area manager’s discretionary limit, the

breach manager will prepare the proposal forms in the number of copies

called for, depending on the amount involved. These proposal forms and the

relevant document are forwarded direct to the appropriate head office

authority with a copy to the area manager. The area manager scrutinizes his

copy of the proposal and if he finds it lacking in any material respect, he

calls for such from the branch. Having reached a decision on the proposal,

he sends it to head office with appropriate comments.

STEP FOUR: At the head office, the advances analyst appraises the

proposal and makes his comments. This is forwarded to the Assistant

General Manager (AGM) or his Assistant takes decision to approve or

decline the proposal. If however the amount is beyond the discretionary

limit of the Assistant General Manager, He adds his own comments and

13
recommendations which agree or disagree with those of the credit analyst

and the Area manager present the proposal to the general management or

executive committee as the case may be for final decision. Note that the

board has the final decision on amount beyond the limit of the general

management request for N5 million and above are forwarded through the

five executive director for presentation to the board.

STEP FIVE: The final decision is communicated direct to the originating

branch by the line Assistant General Manager with a copy to its area office

STEP SIX: The board manager adopts the decision and communicates

same to the applicant customer if the decision is for such approval including

drawn-down procedures, the interest chargeable, the financial and other

relevant information to be supplied on a regular basis the requirements etc.

STEP SEVEN: If the customer accepts the offer, he complies with the

banks requirements and obtain loan.

2.4 LENDING CONTROL

Banks have their own internal procedure for management and control of

credit with a view to minimizing the incidence of bad debts. The banks

inspection division, among others monitors the activities of the lending

officers/managers. As a further check the books of the bank are examined at

least once a year to ensure that the lending officers do not deviate from the

14
laid down principles. All borrowing accounts are examined periodically and

loans/over-drafts registers checked on a daily basics. The essence is to

ensure that the accounts are working as normal and operate within their

agreed limits. In addition, the checks guarantee accurate calculation of

interest charges since the debit balances are recorded daily. In order to

detect crossing-firing or any unusual transaction on borrowing account,

cheque paid in and out of the account are examined on a daily basis by the

branch manager. Information cards are also updated regularly. For this

purpose, the bank calls for status report from other banks on borrowing

customers. Some of the information obtained could be very useful

especially when the next review of the account is due. Generally, the bank

attaches great importance to the statistics derived from the customer´ s

account as well as the value of the available security. As a control measure,

branches are expected to form periodically to the head office and / or

controlling area office as the case may be, reports popularly called returns

on borrowing accounts. Some of the regular return include:-

1. Excess Return

2. Classified debt return

3. Advances control return

4. Central Bank advances combined 2nd schedule return.

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2.5 LOAN RECOVERY PROCESS

The loan recovery process of the bank became more prominent with the

noticing of the alarming increase in the trend of the yearly balance of bad

and doubtful debts and the provisions thereof. The bank was so alarmed that

it setup in 1992 a special unit which was charged with the responsibility of

managing well classified debts and recovering them essentially the

following four stages are involved in the recovering process.

1. Classification of account

2. Sending demand notices

3. Realization of security

4. Legal or court action

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 CHAPTER THREE

3.0 SYSTEM ANALYSIS AND METHODOLOGY

3.1 SYSTEM INVESTIGATION AND ANALYSIS

The system investigation comprises knowledge and study of an existing

procedure and rules that guide processing of manual method in banking

operations and transaction. This enables the author to design the new

system which provides an added function to Loan disbursement control in

the Union Bank Bali Branch.

Reasons for investigation of this project are as follows:

i. To study the current mode of operation.

ii. To know and study the existing method.

iii. To know the cause of implementation.

iv. To study the relevance of this system and its effect on their mode of

operation and transactions.

The organization of the existing financial institution Union Bank Bali

which is a case study of this research work was firstly examined, and means

of getting information was through oral interview of various heads of the

17
organization and staffs, organization profiles, codes, was not an easy task

due to the nature of the job. Most time I went there, they are busy assessing

client loan information in other to make decision on it. The manual system

is taken more time to calculate the loan interest and services to the client are

slow and not accurate. This system involves the use of computers and

system in processing data, the system is quite simple and expensive.

However it is automatic and so fast in terms of a loan interest calculation in

the banking system

3.2 METHOD OF DATA COLLECTION

Research methodology comprises the collection on the secondary source

and primary information which is obtained from Union Bank, Bali at the

porters lodge through the help of the lending officers.

The following are the methods I used to obtain my information;

i. Observation: this is a method of collecting data whereby the

researcher has to pay attention to the event and get information on

the procedure.

ii. Interview: this refers to the methods of data collection whereby the

interviewer consults the respondent face to face and gets the

18
 required information. It should be seen as conservation rather than

an interrogation as it is supposed to collect qualitative data.

3.3 ANALYSIS OF THE EXISTING SYSTEM

In these current systems there are a lot of problems being faced by the

lending officer of the Union Bank Bali Branch involved in this lending

process and the interest calculation also.

These problems are mentioned below;

(a) Time Consuming: - Client waste a lot of time while undergoing

through the process of applying a loan with the Bank.

(b) Also it takes a lot of time before the Bank compile the list of the

people who will be giving the loan.

(c) Difficult in calculation: - lending offer some times cannot handle the

interest calculation in time which may lead some errors.

(d) Inefficiency: - The current system is inefficient in the sense that at

times mistakenly loan will giving to somebody while not his/her

account number and vice versa. It can also happen at times that more

than one client loan application is been accepted to a single client.

Although whenever this problem is being discovered, it is always

being rectified.

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 (e) Difficult in Retrieving: - Due to bulky files in the manual method it is

difficult at times to retrieve a particular record of client.

(f) Stress: - The current method involves physical energy and more hand

is involved, thereby, some of the staff will be stress out at the end of

the day due to the rigorous activities.

3.4 SYSTEM DESIGN

A good computer program is the one that does what is expected to do in a

good and efficient way and easy for understanding. The main stage of a

computer program is the system design and it is the most crucial stage in

any software development time spending on the designing of the system.

This system involves the type of data that is required by the system to

produce the specified output.

3.4.1 Output Design

The output design was made possible through the use of php MySQL sever

and initiated SQL structural query terminology to link to SQL database for

further modification and printing, this include Loan disbursement control

details, interest calculation; this output include:

i. Interface.

ii. Database design etc.

The input design interface and controls were used to plan the design

program and the controls, these include; creation of new account for lending

assessment and interest calculation.

3.5 DESCRIPTION OF THE PROPOSED SYSTEM

The designing of the proposed system is provided in stages. It can be said

that the computerized option is based on Loan disbursement control and

should be under recommendation. The system design refer to the decision

relating exactly to what is been done, how the process is to be carried out.

This problem would be sub-divided under some heading. The term of

references as regards the designing of a computer based Loan disbursement

control system for the Union Bank Bali Branch are as follow;

(a)    To investigate the need of duplicate records that declines client details.

(b)    To eradicate the means of duplicate records that may mistakenly be

prepared by the Bank.

(c)    To design, develop and implement a computer system suitable for

Loan disbursement control in Union Bank Bali Branch.

(d)    To reduce clerical burden in terms of the manual processing

21
(e)    To suggest alternatives to the present manual system and to solve the

problem that is added with the manual processing

(f)    To determine some of benefit to be derived by using computer to

process the old system.

3.6 ADVANTAGES OF THE PROCESS SYSTEM

The advantages of the new system cannot be emphasized below are some of

the advantages of the computer based system;

(a)    Speed: - Computer will give a fast access and this will reduce the time

wasted by the Bank.

(b)    Accuracy: - This is one of the advantages of computer system over

manual in every organization where computer system is been utilized

system will give accurate result than the manual process.

(c)    Easy Retrieval: - Enquiry will be made easily through the use of

computer system when the record of a client is sorted from the database.

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 CHAPTER FOUR

4.0 SYSTEM IMPLEMENTATION

4.1 SYSTEM SPECIFICATION

The choices of programming language used in the development of the

software are listed below;

1 Adobe Dreamweaver cs5

2. Xampp local server

3. Macromedia firework

4.1.1 SOFTWARE SUPPORT

The software support this proposed system include training of staff and

users in order to allow different users to access the proposed system.

The following software’s are needed:

i. MySQL

ii. Google chrome, Mozilla Firefox etc.

iii. PHP

iv. Note pad++

v. Dreamweaver

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4.1.2 HARDWARE SUPPORT

The following are the requirement for the implementation of the proposed

system;

1. Computer system must have at least 1.7GHZ speed for the processor

2. 128-512 RAM (Memory) minimum

3. At least 80GB and above hard disk storage-device.

4. At least Pentium M

4.1.3 DATABASE DESIGN

Implementation is the act of putting a newly developed system into

operation and has the old procedures placed out. Database design is an

organized mechanism that has the capability of storing information through

which a user can retrieve stored information in effective and efficient

manner. The data is the purpose of any database and must be protected. The

database design is a two level process which includes users requirement that

are gathered together which database is designed to meet these requirement

as clearly as possible. This is also known as information level design and

the second is physical level design where information level design is

transferred into a design for the specific DBMS that will be used to

24
implement the system in question. The database used at this level and for

this programme is MySQL server (Database) which allows relational data to

be kept in a physical database in which manipulation are carried out on it.

Some of the manipulation includes retrieving, updating, inserting and

deleting etc.

The following are the requirement of the new system:

i. Training/Development: The staffs working at the Bank under

lending services may not be familiar with the newly developed

system, Hence there is need to train the staff on how the new

system can be used properly and efficiently.

ii. Provision of Computer System: The Union Bank Bali Branch

should be able to purchase new computers that could help the

lending officer to be able to carry their work faster with less stress

and high accuracy.

4.1.4 PROCEDURE DESIGN

The procedure design of the system accepts input for client in the Bank and

process new account for each client for lending operations.

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4.2 PROGRAM CODING

Coding is the transformation of data into a form understandable by

computer. The classification of information is an important step in

preparation of data for computer software. One code should apply to only

one category and categories should be comprehensive. There should be

clear guidelines for programmers so that code is consistent. In computing,

source code is any collection of computer instructions (possibly with

comments) written using some human-readable computer language, usually

as text. The source code of a program is specially designed to facilitate the

work of computer programmers, who specify the actions to be performed by

a computer mostly by writing source code. The source code is often

translated into low-level machine code understood by the computer. The

machine code might then be stored for execution at a later time. The

software was designed using PHP and MySQL programming languages; the

source code is reflected in the APPENDIX work.

4.3 PROGRAM TESTING

System testing is the stage of implementation, which is aimed at ensuring

that the system works accurately and efficiently before live operation

26
commences. Testing is the process of executing the program with the intent

of finding errors and missing operations and also a complete verification to

determine whether the objectives are met and the user requirements are

satisfied. The ultimate aim is quality assurance. Tests are carried out and

the results are compared with the expected document. In the case of

erroneous results, debugging is done. Using detailed testing strategies a test

plan is carried out on each module. The various tests performed in

“Network Backup System” are unit testing, integration testing and user

acceptance testing.

4.3.1 UNIT TESTING

The software units in a system are modules and routines that are assembled

and integrated to perform a specific function. Unit testing focuses first on

modules, independently of one another, to locate errors. This enables one to

detect errors in coding and logic that are contained within each module.

This testing includes entering data and ascertaining if the value matches to

the type and size supported by java. The various controls are tested to

ensure that each performs its action as required.

4.3.2 INTEGRATION TESTING

Data can be lost across any interface, one module can have an adverse

effect on another, sub functions when combined, may not produce the

27
desired major functions. Integration testing is a systematic testing to

discover errors associated within the interface. The objective is to take unit

tested modules and build a program structure. All the modules are

combined and tested as a whole. Here the Server module and Client module

options are integrated and tested. This testing provides the assurance that

the application is well integrated functional unit with smooth transition of

data.

4.3.3 USER ACCEPTANCE TESTING

User acceptance of a system is the key factor for the success of any system.

The system under consideration is tested for user acceptance by constantly

keeping in touch with the system users in times of developing and making

changes when the needs arise.

4.4 PROGRAM DEBUGGING

Debugging is a methodical process of finding and removing the bugs, or

defects, in a computer program or in an electronic hardware, thus making it

behave as expected. Debugging tends to be harder when various subsystems

are tightly coupled, as changes in one may cause bugs to emerge in another.

According to each module in the program, error can be detected easily

when it occurs at each module by editing directly from the affected module

only by the author of the program.

System requirement refers to all materials that serve to describe the system

and its operation to make it ready, understandable to potential user. System

requirement is actually classified based on its purpose or it use into

software and hardware requirement. For the program to run effectively the

following are required:

4.6 SYSTEM INSTALLATION

This type of installation is known as user manual .It is an instruction to

the user of the program to know how the system can be used .The user

manual are as follows:

i. Power on your computer system

ii. Slot in your software (CD) into the drive.

iii. Double click on the setup call Xampp to install

iv. Copy the setup folder and paste it in your local disk\

Xampp\htdoc\

v. Open the setup folder and double click on the setup to install

vi. After installing, locate the www folder and double click on it.

vii. Copy and paste the folder containing your program code.
29
 viii. Locate the program at the start menu and click to start.

ix. Click on start service.

x. Click on local host.

xi. On the browser uniform resource locator ( URL), type( local

host / computerize Loan disbursement control) and press the

enter button

xii. Type in your user name and password then follow the next

option to perform your operation for an appropriate result.

4.7 MAINTAINING THE SYSTEM

The proposed system can be maintained by training staff before accessing

the system.

1. Always shut down the system appropriately.

2. Connect your system to an uninterrupted power Supply (U.P.S) in

times of power interruption during operation.

3 dust your system and core it.

4.8 PROGRAMM OPERATION

Program application includes

30
1. Installing application software to allow easy communication of the

proposed system

2. Open Application software to implement the program

3. Then prompt all programs then click on the proposed software

application

4. Follow all the instruction for the usage of the system

4.10 IMPLEMENTATION TECHNIQUES USED IN DETAILED

The implementation techniques used in the detailed record with the used of

parallel approach technique which allow the existing and the proposed

system to work together concurrently.

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 CHAPTER FIVE

5.0 SUMMARY, RECOMMENDATION AND CONCLUSION

5.1 SUMMARY

The primary purpose of this project is to replace the existing manual

processing with error free, high speed, low cost and should improve the

system capability. This work was written with the intention to design as

well as come up with a computer program or system that is able to recover

from unexpected condition during operation and that can hence provide a

better form of security in operations and it resources, which can also allow

lending officer to make interest calculation automatic. Working on the

project was good experience. I understand the importance of planning and

designing as a part of software development.

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5.2 CONCLUSION

In conclusion, the work aim at giving a new direction in a

computerized e-banking thereby improving on the efficiency of the pre-

existing algorithm by coming up with safer and faster software package that

is mathematically based and provides an option for automated lending and

interest calculation. Though in the long run, more features could still be

added which will entail expanding the program to be more complex than

this.

5.3 RECOMMENDATION

Base on the proposed system, it improves the systems performance

because the current system as the proposed system has the unique features

of new item on computer processing.

The program is limited to computerize Loan disbursement control

and therefore, I recommend a design of a Loan disbursement control that

can assess client automatic without lending officer making decision. Also it

can be enhanced to provide different types of loans to each customer. The

project can be further enhanced to provide different types of account

facilities with providing different of interest on each type of accounts

available in system.

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