WK 2 CP - A Microfinance MIS

WK 2 CP - A Microfinance MIS - on their businesss progress....

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A Microfinance MIS Mifos is a company that provides micro financing to underprivileged countries around the world, specifically in many parts of India. Mifos offers small loans to people who have nothing, and allows them to start a business of their own. Mifos also builds locations everywhere, so that it can reach all the people that could benefit from what it has to offer. It allows them to make money, even if they have nothing to start out with. Mifos uses open source technology because it is cost effective. Open source technology is great because it is highly adaptable, and flexible. The Mifos software allows business owners to organize their business. The user can view fees, funds, checklists, holidays, and offices. Users can also post reports
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Unformatted text preview: on their businesss progress. They can post information about meetings as well. This software meets all the basic requirements for a small business. This program is the best thing for a new small business to help keep track of any and all finances for the business. The leaders of the Grameen foundation hope that one day this foundation will be self sufficient, being that it is completely self sufficient. References: Grameen Foundation. (n.d.). Open Source Technology for Microfinance. Retrieved August 11, 2010, from Mifos: www.mifos.org...
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This note was uploaded on 03/05/2011 for the course BIS 219 taught by Professor Chin during the Spring '10 term at University of Phoenix.

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