Comparison

KorLoans vs Phoenix Micro

Price, ratings, monetisation and update history for both apps, side by side — with what reviewers say about each.

Head to head
About

KorLoans

Manage private loans and track payments effortlessly. This app helps lenders organize borrower information, loan details, and payment history in one place. It offers a clear overview of your lending portfolio and allows borrowers to access their own loan information.

Highlights
  • Borrower profile management
  • Loan setup and tracking
  • Disbursement and payment recording
  • Lending portfolio dashboard
  • Borrower portal access
  • Flat-rate interest calculation
  • Secure email login
Features
Read full description

Stop tracking loans in spreadsheets and text messages. KorLoans is the loan management app built for private lenders who need a clear, organized way to manage borrowers, loans, disbursements, and payments from their phone. WHETHER YOU LEND TO FRIENDS, FAMILY, OR CLIENTS Create a borrower profile for each person you lend to. Add their contact info, set up one or multiple loans per borrower, and track everything in one place. No more digging through notes or guessing who paid what. LOAN SETUP IN UNDER A MINUTE Enter the principal, interest rate, and term. KorLoans calculates the total amount owed and monthly payment instantly using simple flat-rate interest. Everyone understands the terms. No hidden math. TRACK EVERY DOLLAR IN AND OUT Record each disbursement when you send money and each payment when you receive it. See the remaining balance update in real time. Know exactly where every loan stands at any moment. YOUR LENDING DASHBOARD See your total amount lent, total collected, outstanding balance, and number of active loans at a glance. The dashboard gives you a snapshot of your entire lending portfolio so you always know where you stand financially. GIVE BORROWERS THEIR OWN ACCESS Invite borrowers to log in through the borrower portal. They get their own view of their loans, payment history, remaining balance, and disbursement records. Transparency builds trust and reduces "how much do I owe?" messages. ONE ACCOUNT, BOTH SIDES OF LENDING Lend to one friend while paying back another — all from a single account. Your dashboard shows what you have lent and what you have borrowed side by side, and every loan shows you only what your role allows. No switching profiles, no second app. KNOW THE MOMENT SOMETHING HAPPENS Get notified instantly when a payment is recorded, funds are disbursed, a loan is created for you, or an invitation is accepted. In-app and push notifications keep both sides of every loan on the same page. SIGN IN YOUR WAY Log in with Apple, Google, Facebook, or email. Your financial data stays private with secure, role-based access on every loan. KEY FEATURES - Create and manage borrower profiles - Set up loans with principal, interest rate, and term - Track disbursements and payments with full history - Real-time dashboard with lending and borrowing stats - Invite borrowers to their own portal - Instant push notifications for payments, loans, and invitations - One account for lending and borrowing - Simple flat-rate interest calculations - Sign in with Apple, Google, Facebook, or email Whether you are lending a few hundred dollars to a friend or managing multiple loans across several clients, KorLoans brings clarity and structure to private lending. Download now and stop losing track of money you have lent. KorLoans Pro is an auto-renewable subscription. Payment is charged to your Apple ID at confirmation of purchase. The subscription renews automatically unless canceled at least 24 hours before the end of the current period; your account is charged for renewal within 24 hours prior to the end of the current period. Manage or cancel your subscription in your App Store account settings after purchase. Terms of Use: https://www.apple.com/legal/internet-services/itunes/dev/stdeula/

About

Phoenix Micro

Read full description

Phoenix Finance is a powerful mobile app designed for microfinance institutions, field agents, and loan officers to streamline financial operations. Whether you are collecting repayments, managing customers, or monitoring performance, Phoenix Finance gives you the tools to stay organized and efficient - even in remote areas. Key Features: Customer Management • Register new customers with detailed profiles • View loan history, repayment records, and customer data Payment Collection • Record loan repayments quickly and securely • Support for multiple payment types • Attendance tracking during collection meetings • Optional SMS notifications for payments Center & Group Management • Manage microfinance centers and customer groups • Track center details, codes, and branch information • Organize members for collective lending programs Analytics & Dashboard • Monitor daily and monthly collections • Compare targets vs. achievements • Visual charts and performance metrics Location & Maps • GPS-powered mapping of centers, groups, and customers • Route planning and navigation for field agents • Offline location caching for use in low-connectivity areas Data Synchronization • Secure local storage with offline capability • Automatic syncing with remote servers • Conflict resolution for smooth operations Security & Access • Role-based access control (agents, officers, administrators) • Encrypted login and secure data handling Why Choose Phoenix Finance? • Boost operational efficiency with digital tools • Reduce manual errors in repayment tracking • Empower field agents with mobile-first solutions • Maintain accurate, real-time financial records • Ensure compliance with microfinance regulations Phoenix Finance transforms the way microfinance institutions work by providing a complete, secure, and user-friendly platform for managing financial operations.

Screenshots

KorLoans4 screens
Phoenix Micro4 screens

Verdict

The call

The clearest difference is in-app purchases: Phoenix Micro at none against KorLoans's 2. Phoenix Micro also leads on device support (3 vs 1). On price, update cadence, ads and iOS requirement there is nothing between them.

Scored on Price · Rating · Positive reviews · Number of ratings · Update frequency · Ads · In-app purchases · Monetization · Best chart rank · Devices · Requires iOS

CostPrice · In-app purchases · Ads · Monetization

Both are free to download. KorLoans sells 2 in-app purchases, starting at $4.99 per month. Phoenix Micro asks for nothing beyond the download.

UpkeepUpdate frequency

KorLoans ships an update every 2 months, Phoenix Micro every 3 months. The most recent releases landed on October 6, 2026 and October 29, 2026 respectively.

Scorecard2 real differences · 7 level
KorLoans versus Phoenix Micro: the parameters behind the verdict, then further details
ParameterKorLoansPhoenix Micro
PriceFreeFree
Rating5.0 (1 ratings) — better—
Number of ratings1 — better—
Update frequencyEvery 2 months — betterEvery 3 months
AdsNoNo
In-app purchasesYesNo — better
MonetizationFree—
DevicesiPhoneiPhone, iPad, iPod — better
Requires iOS16.415.0 — better
Further details — not scored
Size59 MB39 MB
Age rating4+4+
DeveloperKor SolutionsGeeth Upendra

In-app purchases

2 purchases

KorLoans

Subscriptions2
  • Premium Monthly$4.991 Month
  • Premium Yearly$49.991 Year
None

Phoenix Micro

No in-app purchases

Questions

Is KorLoans free?
KorLoans is free to download, with in-app purchases available.
Is Phoenix Micro free?
Phoenix Micro is free to download, with no in-app purchases.
Do KorLoans or Phoenix Micro have ads?
Neither KorLoans nor Phoenix Micro shows ads.
Which is updated more often, KorLoans or Phoenix Micro?
KorLoans ships an update every 2 months, and Phoenix Micro every 3 months. Most recently, KorLoans was updated on October 6, 2026 and Phoenix Micro on October 29, 2026.

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