Simple & Smart Collaborative Loan Management for Groups & Families
In India, many people take group loans (like DWACRA in Andhra Pradesh), family loans, or business partner loans. But managing these shared loans is messy — tracking who paid what, verifying payments, calculating individual liability, handling early or missed payments, and dividing interest fairly becomes a big headache.
LoanSync is a mobile-first web application that makes group loan management transparent, fair, and stress-free. It helps friends, families, and business partners track payments, projections, and liabilities in real-time with clear accountability.
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Create Shared Loans
Easily create group loans (Personal, Family, Business, Gold Loan, etc.) and add participants. The creator becomes the admin. -
Flexible Liability Sharing
Split loan liability equally or in custom ratios (e.g., 40%-30%-30%). -
Dynamic Projection Engine
Get a clear monthly repayment schedule for every participant — showing EMI, interest, principal, and remaining balance. Projections update automatically when payments are made early, late, or partially. -
Payment Recording & Verification
Participants can record payments with date, amount, and receipt/proof (image or PDF). Other members can view and verify the transaction. -
Admin Controls
Only admins can edit loan details and liabilities. Participants can only view their own data and projections. -
Clean Dashboard
Overview of total outstanding, next due, active loans, and individual loan progress. -
Ledger & Transaction History
Complete transparent ledger with payment status (Verified, Pending, Rejected).
- Frontend: React + Tailwind CSS + shadcn/ui
- Backend: Node.js + Express
- Database: PostgreSQL
- Monorepo: Turborepo
Contributors to LoanSync are warmly welcome! Feel free to open issues and submit pull requests for any improvements or bug fixes.
Built with ❤️ for Indian families and groups who share loans together.