Based on the research method proponents use, the interview. Lost of information due to improper organization of data happen very often. Also the service is not that fast because most of the works in the cooperative is paper works. The research study is necessary because the proponents want to develop a system that will be a big help to Malolos Credit and Development Cooperative, That’s why proponents therefore conclude that if proponents are going to create an online loaning system, proponents should provide accurate, efficient, user-friendly and reliable online system.
Introduction of Computers & Information System
According to Lary Long and Nancy Long from the book of “Introduction of Computers & Information System” “More and more PC user is subscribing to commercial online information services, such as America Online, CompuServe, Genie, Prodigy, Microsoft Network (MSN), the source, Dow Jones News/Retrieval Service, DIALOG and NEWSNET. Information services have grown at a rate of 30% per year since 1900. Still less than 25% of PC owner’s subscribe to an online information service, so there is plenty of room to grow. Look for information Services to be one of the fastest growing industries during 1900’s information services, CompuServe, America Online, and Prodigy. Already have several million subscribers each Information Services have several powerful mainframe computer systems that offer a variety of information services, from hotel reservation to daily horoscopes. To take advantage of these you need a communications equipped PC (modem and communications software) and few dollars. You normally pay a one –time fee and a monthly service charge.”
“The monthly service charge varies from $ 5 to $ 20 for most popular services. The charge can be much more for Business-oriented services. Your monthly bill is based on how much you use the Information Service.
Cooperative – business organization owned and operated by a group of individuals for their mutual benefit.
Database - a database is an organized collection of data, today typically in digital form
Deposit – money gives a security for an article acquired for temporary use.
Hardware – refers to objects that you can actually touch, like flash drives, display screens, keyboards, printers and chips.
Loan Officer - work for banks and other financial institutions and approve loans to individuals and businesses.
MCDCoop – Malolos Credit and Development Cooperative.
Software – computer instructions or data, anything that can be stored electronically.
System – a group or arrangement of parts, facts, phenomena, that is related or interest with each other in such a way as to form as a whole.
Teller - is an employee of a cooperative who deals directly with most customers. In some places, this employee is known as a cashier. Most teller jobs require cash handling experience and a high school diploma.