The greatest innovation that has taken place in the twentieth century is in the realm of information Technology.  This is currently made possible by the introduction of the digital computers which has been observed in the field of communication to be increasingly inseparable from communications (Sullivan, arthur; (2003)).  These linkages often referred to as convergence is driven by technology and amplified by business trends.  Faster growth in network systems that use communication links to connect subsidiary system (nodes) which may send and receives, direct and redirect information (Steven M. Sheffrin (2003)).

 Talking of the internet a couple of years ago would have sound like a fairytale but today the internet is pervasive in almost every field of human Endeavour changing the fundamentals of how we conduct national as well as international businesses.  Few years of its existence, the internet has shown that it can deliver the long sought after goal of electronic commerce. 

It is worth that companies in the developed countries world-wide have recognized the business potential of the internet and are getting connected to the network of networks in their millions.

The business entities, constitutes one of the most prominent life wire for Socio-Economic grow and development in any given nation, it supports and assists buyers in the supply of credits on purchase of items from store. Accepts both current sowing and installments payment from the buyers, not excluding the issue of undertaking risk on behalf of their customers, only to mention but a few.

 This project work carried out a detailed analysis into the problems making provision of credits facility to creditors unrealizable with a view to devicing acceptable computerized system, which will be more effective, accurate comprehensive, reliable and very easy to use. This, to a very large sentient, will help the generation business entities or firms to make their work procedure very enjoying and result oriented.


Problems associated with credit are numerous, this makes the current system a very big failure record of creditors beneficiaries are not well maintained and this makes business entity and firms to lose a lot of money.

Other laps or loop holes crediting of provision, the problem often encountered in this system includes;

·        Difficulty in accessing results and reports from credit books and files.

·        High cost and unreliability in paper.

·        Inconsistent and slow decision making as a result of human frailly.


This study is aimed at improving credit management with a view to making small business store, shop and the creditor to both benefit mutually from the transaction.


Project work is to provide an online system which will help to speed up services in time of provision of credit. In the work I will aim at designing a provision credit system. The presence of this online system will help to update file accurately and in time of online application of provision creditor, and creditor’s terminal in any business firms.

The research is carried out in order to provide accurate and timely report for effective decision making. This research will also provide adequate disbursement of credit on purchase items between the beneficiaries are the business firms and make calculations easily carried out. The study will produce timely up-dated status of a creditor beneficiary. This research will come out with a well-defined computerized system, which will be very comprehensive, accurate, timely and cost effective.