Abɔsoɔ Core
Abɔsoɔ Core
Shared Core Banking Platform for Credit Union and Savings and Loans
One ledger for credit unions: membership, shares and savings, teller and cash, lending with guarantors, payroll deduction and dividend distributions, built for BoG and CUA reporting.
Request a Demo Account View Plans & Pricing
Overview
What Abɔsoɔ Core does
Abɔsoɔ (Twi for "pocket") is a core banking platform designed for Ghana's credit unions, whether you are moving from CuSoft or from paper books. It gives each credit union its own isolated, fully auditable ledger on a shared, low-cost platform.
It covers membership and KYC, share and savings accounts, fixed deposits with daily interest accrual, teller and cash management, lending from product setup through Loans Committee approval to repayment, delinquency and provisioning, and payroll deduction that reconciles to zero without a spreadsheet. AGM dividend, interest and rebate distributions are computed from members' average balances and explained line by line.
Every financial rule is enforced in the database itself, money is held as exact decimals (never floating point), and every sensitive change goes through maker-checker approval. Regulatory reporting (PEARLS, CUA returns and BoG prudential returns) and the payments and remittance layer are being rolled out next.
Key benefits
- Ready for the 2026 Bank of Ghana credit union licensing framework
- Payroll deduction cycles that reconcile to zero, with an employer self-service portal
- Guarantors and liens enforced automatically on available balances
- Maker-checker approval and committee quorum voting on every governance-gated change
- Balances always derived live from the ledger, with an append-only audit trail
- Shared tier for cost-effective operation; dedicated tier for BoG-supervised institutions
Who it is for
- Credit unions running on CuSoft or paper records
- Credit unions preparing for BoG licensing and supervision
- Boards, Loans and Supervisory Committees, managers, tellers and accountants
- Employers that remit payroll deductions for members
Built with
Go ledger engine · Laravel · PostgreSQL 16 · data hosted in Ghana
Modules
Everything included in Abɔsoɔ Core
Each subscription plan unlocks a set of these modules. Compare plans below.
Membership & KYC
Individual, group and minor members, common bonds, Ghana Card capture, encrypted personal data and KYC review.
Shares & Savings
Qualifying and permanent shares, savings, susu, welfare, education and children's accounts with their own withdrawal rules.
Fixed Deposits & Interest
Term deposits with daily accrual, capitalisation, maturity, rollover and early-withdrawal penalties.
Teller & Cash
Keyboard-driven teller screen with tills, vault, denominations and mandatory variance reasons.
General Ledger & Statements
Balanced-journal ledger, end-of-day processing, member statements and passbook printing.
Fees & Charges
Fee catalogue with VAT and levy treatment, and waivers that require approval.
Loan Products & Eligibility
Flat, reducing-balance and irregular schedules; eligibility by share multiple and contribution history.
Guarantors & Liens
Guarantor exposure caps, liens on available balances and proportional release as loans are repaid.
Loan Origination & Approval
Application, appraisal and Loans Committee quorum approval with an immutable approval trail.
Delinquency & Provisioning
Ageing under BoG and WOCCU conventions, regulatory and IFRS 9 provisioning, restructuring and write-off.
Payroll Deduction
Employer deduction schedules, remittance intake, priority allocation, suspense handling and reconciliation.
Employer Portal
Employers download schedules, upload remittances and track status, seeing only their own members.
Dividends & AGM Distributions
Average-balance dividends, interest and loan-interest rebates with a full AGM declare and reverse workflow.
Statutory & CUA Obligations
Reserve allocation, CUA and chapter dues and CFF deposits, all rules-driven.
Governance & Audit
Board, Loans, Supervisory and Education committees, maker-checker approvals and an append-only audit log.
Regulatory Reporting
Rolling out: PEARLS, CUA monthly returns, financial statements and BoG prudential returns.
Payments & Remittance
Rolling out: diaspora remittance into member accounts, inter-credit-union transfers and bill payments.
Subscription Plans
Choose the plan that fits
Every plan starts with a free trial. Prices are in Ghana cedis.
Shared Tier: Starter
- Membership & KYC
- Shares & Savings
- Fixed Deposits & Interest
- Teller & Cash
- General Ledger & Statements
- Fees & Charges
- Loan Products & Eligibility
- Guarantors & Liens
- Loan Origination & Approval
- Delinquency & Provisioning
- Governance & Audit
- Up to 3,000 members
- Data migration from CuSoft or paper
Shared Tier: Growth
- Membership & KYC
- Shares & Savings
- Fixed Deposits & Interest
- Teller & Cash
- General Ledger & Statements
- Fees & Charges
- Loan Products & Eligibility
- Guarantors & Liens
- Loan Origination & Approval
- Delinquency & Provisioning
- Payroll Deduction
- Employer Portal
- Dividends & AGM Distributions
- Statutory & CUA Obligations
- Governance & Audit
- Regulatory Reporting
- Up to 8,000 members
- Data migration from CuSoft or paper
Dedicated Tier
- Membership & KYC
- Shares & Savings
- Fixed Deposits & Interest
- Teller & Cash
- General Ledger & Statements
- Fees & Charges
- Loan Products & Eligibility
- Guarantors & Liens
- Loan Origination & Approval
- Delinquency & Provisioning
- Payroll Deduction
- Employer Portal
- Dividends & AGM Distributions
- Statutory & CUA Obligations
- Governance & Audit
- Regulatory Reporting
- Payments & Remittance
- Dedicated deployment in your own rack or data centre
- BoG prudential reporting
- 15-minute RPO / 4-hour RTO disaster recovery
Free Trial
Explore Abɔsoɔ Core with a trial account
Request a trial
Fill in the short form below with your name, organisation and email address.
Get your login
Our sales team sends your trial account details from sales@fiberxsolgh.com.
Explore and subscribe
Use the system for 30 days with sample data, then pick the plan that suits you.