SAD: Assignment 1

At first, i don't really have knowledge about computers and technology but as time goes by, i've learned that studying about technology is necessary. For the past 3 years i've learned about programming, designing, testing, and also maintaining. Creating systems are not new to me and doing these task needs a lot of effort and time, thus considering our limitations and skills is also important. Speaking of effort and time, these includes in-depth study and practice thus making the task more challenging. But in doing systems we considered a more simple system that suits our skills so that the risks are not that difficult.

The company that we considered for making a system is the ESLA Cooperative which is a multipurpose cooperative that is presently into micro-finance project extending capital assistance to the ambulant food vendors of Davao City by way of short-term loans. Since the cooperative is using a manual recording of datas like written reports and hard copy of profiles, they needed a much easier and much efficient way of doing their recording. And also since the task of the micro-finance project is very complex and risky because it involves money and record issues like the releasing of loans, collection of daily loan amortizations, daily disbursements, recording of loan receivables and interest income and most specially in the preparation of financial statements then the cooperative needed a system that will take care of this issues in a much efficient way.

Our group came to this idea of a Recording System that will address their problem of manually recording the daily transactions and also decrease this recording issues. The purpose of this Recording System is to record, update and compute data like identification of beneficiaries, payments of loan amortizations, daily disbursements, recording of loan receivables and interest income.

This Recording System would create and update a client's profile as well as the client's information. It also has a search engine that will cater the user to immediately view and update the client's profiles and current status.