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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. Scalable to sustain your rapid growth. 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 2010 Grameen Foundation - All Rights Reserved

Socially Driven Solution - mifosx.openmf.orgmifosx.openmf.org/Mifos website/mifos.org/sites... · Socially Driven Solution »Guided by Grameen Foundation »Driving scale, sustainability

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Page 1: Socially Driven Solution - mifosx.openmf.orgmifosx.openmf.org/Mifos website/mifos.org/sites... · Socially Driven Solution »Guided by Grameen Foundation »Driving scale, sustainability

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. Scalable to sustain your rapid growth. 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 

2010 Grameen Foundation - All Rights Reserved

Page 2: Socially Driven Solution - mifosx.openmf.orgmifosx.openmf.org/Mifos website/mifos.org/sites... · Socially Driven Solution »Guided by Grameen Foundation »Driving scale, sustainability

 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 driving growth towards 2,000,000 by 2011  »  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.”                            

Take Action  

 Immediate and In‐Depth Access to your Data »  Real‐time access to data across all your branches 

»  Performance dashboards for quick monitoring & status 

»  Robust business intelligence & management insight 

Contact Us:  Grameen Technology Center (Mifos) 2101 4th Ave, Suite 1030   Seattle, WA 98121 Tel: 1.206.325.6690     

Email: [email protected]      Website: mifos.org     News: mifos.org/newslog 

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.    

Download Mifos mifos.org/product/download  

Get Support in our User Forum http://groups.google.com/group/mifosusers  

Business Reporting and Social Performance Measurement 

Join the Community mifos.org/community  

  Grameen Koota ‐ Bangalore, India ‐ 450,000 Enda Inter‐arabe ‐ Tunis, Tunisia ‐ 135,000 Adhikar ‐ Orissa, India ‐ 100,000 

ASOMI ‐ Assam, India ‐ 33,000 KEEF ‐ Nairobi, Kenya ‐ 13,500  Nirantara ‐ Bangalore ‐ 10,350  

Current Customers 

Mifos Community Edition 

  ‐ Naganand Kumar, IT Manager 

SECDEP ‐ Iloilo, Philippines ‐ 7,773 Jitegemea ‐ Nairobi, Kenya ‐ 6,000  SEM Fund ‐  Yoff, Senegal ‐ 1,000  

2010 Grameen Foundation - All Rights Reserved