Origination
From intent to decision, without the paperwork
Origination is where most lending operations lose the most time — and where borrowers most often give up. Khepee makes the application short, the file complete, and the queue ordered.
The borrower journey
Six steps, one sitting
Sign in with a phone number
A six-digit code, no password to forget. Borrowers never hold a credential that can be phished.
Choose a product
Only the products your institution has published, with the limits it has configured.
Pick an amount and term
Bounded by the live server limits, so nothing is offered that cannot be approved.
Complete KYC
Document capture and, where you require it, a liveness check.
Review and submit
A plain-language summary of the amount, term, instalment and total cost before anything is committed.
Track progress
The borrower sees the real state — identity check, assessment, decision — not a silent wait.
The state machine
Eleven states, and no shortcuts between them
An application moves through an explicit state machine. Transitions that are not defined simply cannot happen — the platform denies by default rather than allowing anything not forbidden.
- draft → submitted → kyc_review → credit_assessment → approved → disbursed → active → closed
- Every transition records the actor, their role, the timestamp and the ruleset version
- Rejections, cancellations and defaults require a written reason before they will save
- A test walks every path in the graph and fails the build if any reaches disbursement without KYC
Limits
The app cannot offer what you cannot approve
The borrower app fetches the current regulatory and product limits from the server rather than hard-coding them. That keeps the interface honest, and it means a rule change reaches every installed app immediately.
- NPR 500,000 for salary and business account holders; NPR 200,000 for others
- A product may be configured lower than the ceiling, never higher
- Amounts validated as integer paisa — a fractional amount is rejected outright
- The server remains authoritative; a stale app produces a poor experience, never a bad loan
The officer view
One queue, complete files
Your officers do not chase missing documents or re-key forms. Each item in the queue arrives with the KYC status, the score, the borrower history and the reason it needs attention.
- Ordered by age and priority, with ageing visible at a glance
- Approve, reject or return for more information — each with a recorded reason
- Approve for less than the requested amount where your policy allows
- Borrower personal data revealed only under a declared purpose, which is logged
Data quality
Problems caught before they reach a decision
Duplicate applications
Detected against the encrypted phone and document index before submission, not after two officers have worked the same file.
Incomplete files
An application cannot be submitted without the fields your product requires. The borrower is told what is missing, in their language.
Stale KYC
Verifications carry an expiry. An application whose KYC has lapsed returns to review rather than proceeding on old evidence.
Evidence
Every decision reconstructable, months later
When an examiner or a borrower asks why a loan was approved or declined, the answer is in the audit trail — with who decided, when, on what evidence, and under which version of the rules.
- Append-only: corrections are new entries, never edits to old ones
- Personal data appears in the trail as a hash, never in clear
- The regulatory ruleset version is stamped on every entry
- One request id ties a support ticket to the exact events behind it
Khepee provides the technology; your institution provides the credit
Khepee is a technology service provider operated by Lacspace Corporation Pvt. Ltd. It is not a bank or financial institution, does not lend, does not accept deposits and does not hold customer funds. All credit decisions, pricing and lending terms are set by the partner institution licensed by Nepal Rastra Bank. Khepee makes no claim of NRB licensing, approval or endorsement.
Coming soon
See origination with your own products
We will configure a walkthrough using your loan products and your credit policy so you are evaluating your operation, not a generic demo.