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Socially Driven Solution »Guided by Grameen Foundation »Driving scale, sustainability & impact »Cultivating regional IT ecosystem »Fostering grassroots innovation »Uniting industry on common platform »Global community dedicated to the poor OPEN CENTRALIZED PLATFORM TECHNOLOGY THAT ACCELERATES MICROFINANCE... Global Community Mifos is a webbased management information system (MIS) leveraging a centralized open source technology platform to provide MFIs realtime information, flexible operations, and the robust capacity to scale upward and outward. Once connected to this open platform, you have access to widespread innovation, modern extensible technology, and a global support community enabling you to extend and maintain the platform to accelerate your growth and outreach. MIFOS, AN OPEN TECHNOLOGY PLATFORM Holistic Support Proven sixstage implementation approach. Experts to optimize your processes with our technology. Technology ecosystem of local support resources. Comprehensive Approach People. Processes. Technology. Holistic Support Webbased MIS Centralized realtime operational reporting Flexible to support your unique business requirements. Accessible via the Cloud. Anytime. Anywhere. Enabling Scale. Insight. Innovation. Global Open Source Community Modern evolving technology. Higher quality. Lower cost. Regional knowledge sharing of support & best practices. Global technology community extending the platform. No vendor lockin . Freedom to engage local resources. CommunityDriven Platform. Global Collaboration. Innovation that Scales. Webbased MIS Purposebuilt for Microfinance » Support for group meetings, training & attendance » Support for group and individual lending & savings » Define multiple rules, interest rates & payment types Unparalleled EaseofUse: » Familiar browserbased interface & easy navigation » Wider adoption and greater user acceptance Streamlined Work Processing: » Exceptionbased data entry, consistent workflow » Bulk collection sheet entry, loan creation/approval Flexible & Rapid Product Execution » Define/configure unlimited loan/savings products in UI » Configurable workflow automatic activity flow Robust Security Mechanisms & Fraud Prevention » Granular rolebased permissions & task assignments » Comprehensive audit trails capture all system changes 2011 Grameen Foundation - All Rights Reserved

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Page 1: Socially Driven Solution - mifosx.openmf.orgmifosx.openmf.org/Mifos website/mifos.org/sites...Open Source Community Business Reporting and Social Performance Measurement 4‐star review

Socially Driven Solution »Guided by Grameen Foundation 

»Driving  scale, sustainability & impact 

»Cultivating regional IT ecosystem 

»Fostering grass‐roots innovation  »Uniting industry on common platform 

»Global community dedicated to the poor 

OPEN CENTRALIZED PLATFORM

TECHNOLOGY THAT ACCELERATES MICROFINANCE...

Global Community 

Mifos is a web‐based management information system (MIS) leveraging a centralized open source technology  platform  to  provide MFIs  real‐time  information,  flexible  operations,  and  the  robust capacity to scale upward and outward.  Once connected to this open platform, you have access to widespread innovation, modern extensible technology, and a global support community enabling you to extend and maintain the platform to accelerate your growth and outreach.

MIFOS, AN OPEN TECHNOLOGY PLATFORM 

Holistic Support Proven six‐stage implementation approach. Experts to optimize your processes with our technology. Technology ecosystem of local support resources. Comprehensive Approach ‐ People. Processes. Technology.   

Holistic Support 

Web‐based MIS 

Centralized real‐time operational reporting Flexible to support your unique business requirements. Accessible via the Cloud. Anytime. Anywhere.  Enabling Scale. Insight. Innovation.  

Global Open Source Community Modern evolving technology. Higher quality. Lower cost.  Regional knowledge sharing of support & best practices.  Global technology community extending the platform. No vendor lock‐in . Freedom to engage local resources.   Community‐Driven Platform.  Global Collaboration. Innovation that Scales. 

Web‐based MIS

Purpose‐built for Microfinance »  Support for group meetings, training & attendance 

»  Support for group and individual lending & savings »  Define multiple rules, interest rates & payment types 

Unparalleled Ease‐of‐Use: »  Familiar browser‐based  interface & easy  navigation 

» Wider adoption and greater user acceptance 

Streamlined Work Processing: »  Exception‐based data entry, consistent workflow  »  Bulk collection sheet entry, loan creation/approval  

Flexible & Rapid Product Execution 

»  Define/configure unlimited loan/savings products in UI 

»  Configurable workflow ‐ automatic activity flow 

Robust Security Mechanisms & Fraud Prevention   »  Granular role‐based permissions & task assignments 

»  Comprehensive audit trails capture all system changes 

2011 Grameen Foundation - All Rights Reserved

Page 2: Socially Driven Solution - mifosx.openmf.orgmifosx.openmf.org/Mifos website/mifos.org/sites...Open Source Community Business Reporting and Social Performance Measurement 4‐star review

 Integrated Social Performance Measurement Grameen  Foundation’s  PPITM  ‐  a  simple  survey  & scorecard to monitor clients progress out of poverty 

is integrated into Mifos.  Visit www.progressoutofpoverty.org to learn more. 

»  Scale—Supporting 450,000 clients and fueling aggressive growth and social impact.  »  Efficiency ‐ Increased clients/branch from 1500 to 2800. Opening new branches 75% faster.  »  Flexibility ‐ Launched 5 new products ‐ decreased time to market  from 3 months to 1 day   »  Control ‐ Greater data integrity and confidence in data with controls to fight internal fraud  »  Insight ‐ Consolidated performance reports and instant SMS updates from all 113 branches. 

Customer Spotlight ‐ Grameen Koota

“We’re convinced that we would not be able to open branches so quickly and double in size without a centralized solution like Mifos.”                            

Recognition

 Mifos Business Intelligence Suite:  In‐Depth Access to your Data »  Enterprise‐level business intelligence on Pentaho  

»  Real‐time access to data across all your branches 

»  Performance dashboards for quick monitoring & status 

»  25 standard reports on a powerful data warehouse  

Contact Us:  Grameen Technology Center (Mifos) 2101 4th Ave, Suite 1550   Seattle, WA 98121 Tel: 1.206.325.6690     

Email: [email protected]   Web: mifos.org  News: mifos.org/community/news 

Support & Professional Services »  Proven Holistic Approach ‐comprehensive six stage approach to implement technology that aligns with your processes and is  adopted by staff.  

»  Business Consulting ‐  experts to guide and plan your IT strategy, optimize staff and processes, and implement & support technology with measurable impact and results.  

»  Local Technology Ecosystem ‐ engage with local IT providers to support  your solution. 

»  Global Community ‐ Get support and share experiences with MFIs, IT providers, and developers around the world through our forums, mailing lists, and chat rooms.    

Best Java Technology for the Open Source Community  

Business Reporting and Social Performance Measurement 

4‐star review for customer support and technology 

  

More than 25 users serving 825,000 clients.  10 users in India including Grameen Koota, Adhikar, Nirantara, and ASOMI 

12 users across all of Sub‐Saharan Africa including 8 users in East Africa and enda in Tunisia 

Current Traction 

Mifos Community Edition 

  ‐ Naganand Kumar, IT Manager 

2011 Grameen Foundation - All Rights Reserved

2009 Duke’s Choice Award Winner  

2010 CGAP Software Reviews