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Category: Other Topics

Date Submitted: 09/18/2016 09:40 AM

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In our times today, Information System proves to be an excellent example of advancement created by technology. Progress or growth in the technological aspect of living has been undeniable thus, Information Systems continue to evolve. This fact was able to give Information Systems the popularity among companies and establishments. These Information Systems are not just popular but they also become and serve as an integral part of business processes or even in our daily lives. Components such as computer hardware, software and databases make-up an Information System, and people that manage it are the vital part. The primary purpose of this type of computer system is to interpret or process information, which has always been what a computer is all about.

The complete process of the development of the Computerized Loan Information system is especially designed to facilitated and simplify the monthly preparation of general loan and related reports as well as the information for each customer. This study allows a faster and more accurate computation of monthly interest. At the certain point, and this will lessen the burden of work of the management as well as the customer.

For this study, the proponents have found a company which faces the stagnant issue of having a manual process. That company is called MGK Lending Corp. and is located in Malabon City, which is presently one of the progressive cities of NCR. The proponents aim to provide the company an output, a system created from their combined logic and programming knowledge, as well as technical support, for it to be able to cope with their competitors and for it to sail smoothly as part of its city.