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wee 2 A Microfinance MIS

wee 2 A Microfinance MIS - nothing which allows them to...

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A Microfinance MIS Mifos Jennifer Johnson Axia College University of Phoenix August 21, 2010
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A Microfinance MIS Page 1 Mifos produces financial software for the microfinance industry. The Mifos software offers key functionality for client management, portfolio management, loan repayment tracking, and fee and savings transactions. Mifos provides micro financing to underprivileged people around the world. Mifos provides locations everywhere so that they can reach all the people that could benefit from what they have to offer. Their goal is to build software that enables radical growth in the fight against global poverty (Mifos.org). Mifos offers small loans to people who have
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Unformatted text preview: nothing which allows them to start a business of their own. The Mifos software allows for business owners to organize their business. A user can view fees, funds, checklists, and clients. Users have the ability to post reports, schedule and post meetings, and provide immediate information on the progress of the business. The Mifos software meets all basic requirements for a small business. Mifos uses open source technology because it is more cost effective which allows them to make these offers to underprivileged people. References Grammen Foundation. (n.d.). Open Source Technology for Microfinance. Retrieved August 11, 2010, from Mifos: www.mifos.org...
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