Loan Restructure Platform for Financial Flexibility

Rita  Ehichioya

Rita Ehichioya

Loan Restructure Platform for Financial Flexibility

Built a loan restructure platform that reduced defaults by 30% and improved retention by 25%

📕 Summary

Many borrowers struggled with missed payments and defaults due to financial difficulties. Lenders needed a way to offer flexible repayment options without increasing risk. Previously, loan restructuring was manual, time-consuming, and inconsistent, leading to frustrated borrowers and rising non-performing loans (NPLs).

🧠 The Problem

For borrowers struggling with repayments, restructuring a loan should be seamless. Instead, the process was frustratingly slow and inefficient, causing:
❌ High default rates: Without a structured approach, many borrowers missed restructuring opportunities and defaulted entirely.
❌ Poor customer experience: Borrowers had no transparency on their request status, increasing dissatisfaction.
❌ Revenue loss for lenders due to increased loan delinquency.

🎯 The Goal

Create a seamless restructuring request process to facilitate flexible repayments and retain more users.

💼 My Role

Product Manager I led discovery, mapped restructure journeys, and worked with design/dev to deliver a usable, scalable solution.

🔧 Tools Used

·Figma · Linear · Miro · Google Sheets

🚀 What I Did

Facilitated workshops with product and support teams
Mapped customer pain points into feature flows
Defined success metrics and prioritised MVP features
Created detailed wireframes and supported dev handoff
Ran usability testing, gathered feedback, and iterated pre-launch

Impact

📉 Default rates dropped by 30% due to faster intervention.
😊 Customer satisfaction increased to 85% with improved transparency.
⚡ Loan recovery rates improved by 20%.
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Posted Jun 3, 2025

Built a loan restructure platform reducing defaults by 30% and improving retention by 25%.