Decision Support System for Credit Applications in Cooperatives Using Simple Additive Weighting Method

Description

A Decision Support System for Credit Applications in Cooperatives refers to a computer-based system that assists in the decision-making process of granting credit to members of a cooperative. The system is designed to analyze and evaluate the creditworthiness of applicants based on various criteria such as their financial history, credit score, and other relevant factors

The system provides recommendations to the decision-makers in the cooperative, who can then use this information to make informed decisions about whether or not to grant credit to the applicant

The use of such a system can help cooperatives streamline their credit application process, reduce the risk of bad loans, and improve the overall efficiency of their operations

Preview

Project Type

  • Freelance

Status

Complete

Category

  • Web Application
  • Decision Support Systems

Tier

  • Presentation Tier
  • Application Tier
  • Data Tier

Features

  • Provide login and logout functionality to let applicants personalize their account
  • Can record the applicant's past loans, including the amount borrowed, repayment history, and other relevant information
  • Assess the creditworthiness of the applicant and make informed decisions about whether or not to grant credit
  • Provide the applicants a form that applicants fill out to apply for credit. The form typically includes personal information, financial information, and other relevant details
  • Provide decision result page for applicants, where is the output of the decision-making process, which can be either an approval or rejection of the credit application. The decision result is based on the analysis of various factors such as credit score, loan history, and other relevant criteria
  • Provide a page that allows administrators to manage the decision support system, and performing other administrative tasks

Tech Stack

  • Programming Language
    • PHP
    • SQL
  • Markup Language
    • HTML
  • Style Language
    • CSS
  • Datastore
    • Relational Database
      • MySQL
  • Library
    • PHP Standard Library / API