Grameen Foundation : What we do : Technology Programs : Mifos Initiative
The Mifos Initiative
Mifos, Technology that Empowers Microfinance
Software developer?
Mifos is an industry-wide initiative to address the microfinance industry's information management challenge. Using the open source paradigm, we are creating a new service model that will increase access to technology for all microfinance institutions, ultimately enabling them to extend their reach to the world’s poor.
At the center of the initiative is the Mifos product, a freely available world-class management information system (MIS) that provides the core functionality required by microfinance institutions. The flexibility and scalability of the product means that we will be able to simultaneously standardize common processes, accommodate regional variations, and scale for new innovations in the future.
How does software help the Poor? By equipping microfinance institutions to serve them better through:
Grameen Foundation’s Technology Center is providing the initial leadership and investment for Mifos. However, we are committed to making Mifos an industry-wide initiative and invite you to join with other microfinance institutions (MFIs), IT professionals, software developers, and industry leaders worldwide and become part of the Mifos community. It is only with the participation and collaboration of all of us that Mifos can fulfill its potential and have a truly revolutionary impact.
To learn more, please visit Mifos’ online gateway, www.mifos.org.
- With Mifos, the microfinance industry as a whole not only benefits from the
technology, it contributes to it, improves it, and owns it -
Grameen Foundation : What we do : Technology Programs : Mifos Initiative
Grameen Foundation uses microfinance and innovative technology to fight global poverty and bring opportunities to the world's poorest people. With tiny loans and financial services, we help the poor, mostly women, start businesses and escape poverty. Our global network of 55 microfinance institution (MFI) partners including our Growth Guarantee partners has touched more than 34 million people in 24 countries. In addition, we introduced and now sustain technology initiatives (Mifos and Village Phone) in Cameroon, Kenya, Rwanda, and Uganda, bringing our total country outreach to 28.
+1-202-628-3560 www.grameenfoundation.org
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