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Mifos Android Client Version 3.0 Now Available on Google Play

Screenshot_20170302-001322We’re happy to announce that our latest version of the Mifos X Android Field Officer App is now available on the Google Play store. This release is a culmination of the efforts of many volunteers and interns over the past year and a half but couldn’t have been possible without the leadership and dedication of Rajan Maurya. He poured his heart into refactoring the codebase and implementing offline functionality during Google Summer of Code and has continued that dedication since then. Through all hours of the night, he’s been continuing to add new features and fix bugs to get this release out to the community.

Work has not stopped as we have a ton of ongoing functionality to add that we’re targeting as a 2017 GSOC Project for Android Field Officer App Version 4.0

Read on for a deep dive on each of the new features but here’s a small snapshot of all the new functionality in Version 3.0:

Technical Enhancements

  • Implementation of Material Design (Thanks to Olya Fomenko!)
  • Refactoring into MVP architecture for improved performance

Functional Enhancements

  • Create center new groups & centers
  • Improved navigation & advanced search
  • Open, approve, and disburse new loan & savings accounts
  • Attach documents to loan & savings accounts.
  • Offline Data Collection & Synchronization
    • Synchronize clients and groups for offline data entry
    • Enter repayments, deposits, and withdrawals while offline
    • Create new clients, loans & savings accounts while offline
  • GIS Features
    • Pinpoint client GPS location
    • Track route of field officer

Thanks to the Contributors

Thank you to all of the following contributors who made this release possible: Rajan Maurya, Ishan Khanna, Olya Fomenko, Mayank Jindal, Tarun Mudgal, Ahmed Fathy, Nelly Kiboi, Illia Andrieiev, Padmal, Vishwajeet Srivastava, Nasim Banu, Chhavi Gupta, İhsan Işık, Vatsal Bajpai, Alex Chege, Justin Du, Prempal Singh, Rowland Oti, Siddhant Kumar Patel, Suhaib Khan, Chashmeet Singh, Ashutosh Dadhich, Aashir Shukla, R Harikrishnan, and Vishwesh Jainkuniya.

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Announcing Mifos X 16.01: Loan Rescheduling, Loan Loss Provisioning, Floating Interest Rates, Variable Installments & Self-Service APIs

We’re delighted to formally announce the new functionality that’s been made available in Mifos X over the past several release cycles culminating in the Mifos 16.01 release shipped on January 12, 2016. We’ve added major new features which expand the breadth of our loan product offerings, improve risk management and monitoring of your portfolio, and enable your clients to take control of their financial services through self-service channels.

Read on below for a glimpse into the major new features including:

  • Loan Rescheduling
  • Loan Loss Provisioning
  • Floating interest rate loans
  • Variable Installment Loans
  • Self-Service APIs
  • OAuth/HTTPs toggling

In case you missed our 2016 Roadmap Webinar, check it out to learn more about what’s scheduled for development in 2016. For few details on the all the bugs and enhancements from this and the 15.12 releases, view the release notes.

Many thanks go out to all the contributors who made this release possible – especially our core team, partners like Musoni Services, as well as a number of new features that were worked on by volunteers in the community.
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Announcing Mifos X 15.03: Mandatory Savings, Individual Collection Sheets, OAuth 2 Support, Context-Sensitive Help

On April 06, 2015 we shipped our first major release for 2015, Mifos X 15.03. With the release, we’ve adopted the new release numbering framework identified by the year-month of the date of the scheduled release. Mifos X 15.03 contained a great deal of new technical and security enhancements, functional improvements to the loans and accounting module, as well as some improved usability. OAuth 2 Support as well as stricter password configuration policies will provide more robust authentication mechanisms. Bulk Collection Sheet Entry for Individual Loans as well as Mandatory Savings accounts are not supported. The loans module now allows for fixed loan product parameters, configurable working days, multiple options for interest calculation on pre-closure, greater flexibility during the approval and disbursal process for multi-tranche loans, and improved rounding off rules for EMI repayments. For the accounting module, one can now migrate opening balances as well as configure fees to be mapped to liability accounts. Last but not least, Mifos X 15.03 now has a significant amount of context-sensitive help including tooltips and dynamic help menu links.  Please view the Mifos X 15.03 release notes for full details.

UPDATE: On May 18, 2015, we shipped the first service pack or hotfix release, Mifos 15.03.1. This released contained new functionality such as a loan products that support a compounding period that is independent from the rest frequency period, improved filtering and searchability on client/groups/center listings, and nearly three dozen bug fixes and UI enhancements. Please view the Mifos X 15.03.1 release notes for full details.

Many thanks go out to all the contributors who made this release possible – especially our core team, partners like Conflux Technologies and Musoni Services, as well as a number of new features that were worked on the high school students who participated in our Google Code-In projects.

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Announcing Mifos X 1.26: Improved Guarantor Management, Teller Cash Management, Configurable Account Prefixes and more

Just in time for the new year, we shipped the latest release, Mifos X 1.26.0, on December 23 which provides a range of new functionalities across our suite of lending and savings products as well as a number of usability enhancements and bug fixes. Major new features include support for capturing guarantee requirements for loans and blocking/holding funds on guarantor accounts, a beta version of our teller cash management module, new statuses for client life cycle, the ability to map liability accounts to fees, ability to update deposit amounts for active recurring deposits, support for capture client images from a linked webcam, and functionality to configure account prefixes on client, loan and savings accounts. With the range of bug fixes and UI enhancements, there are more than 75 tickets fixed in this release. Download Mifos X 1.26 now or request a trial instance to try it out for your organization. Read more

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Star Contributor of the Month – Terence Monteiro

terence-nymtrsWe’re recognizing Terence Monteiro of San Jose Solutions from Bangalore as our Star Contributor. Terence has only been a part of our community since late June but he’s exactly what we look for in a partner – an amazingly talented contributor who lights up our community with his passion for our social mission. He’s eager to share his talents and give back to the community in all ways. Listening to him talk, you can hear the genuine enthusiasm he has and the conviction with which he carries out his work. Join us in congratulating Terence who has many good things to come including more successful deployments and innovation for the community. 
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Announcing Mifos X 1.25: WebHooks, Accrual Accounting, Declining Balance with Interest Recalculation

The core team and community have been hard at work at continuing to broaden the functionality of Mifos X and make the platform more extensible for our ecosystem of partners. This release delivers on some must-have financial and accounting features with support for perodic accrual accounting with point-in-time accruals, true declining balance with interest recalculation with support for configurable rest periods and compounding settings, the ability to pre-pay loans, bulk JLG loan applications, and a whole range of usability enhancements.  On the architectural side, we’ve built out a WebHooks framework with a proof-of-concept Twilio SMS integration, shipped our Batch APIs for improved performance, and an Executable WAR for quick installation of Mifos X. Download Mifos X 1.25 now or request a trial instance to try it out for your organization. Read more

Star Contributor of the Month – Markus Geiß

We’re recognizing Markus Geiß as our Star Contributor. He’s a one-of-a-kind volunteer that stepped right in and immediately became a tight-knit member of the community. In the brief 6 months he’s been here, he’s become a dedicated mentor, a sage architect, a proficient contributor, a respected committer, and most importantly a trusted friend. Join us in congratulating Markus who was also recently recognized by Social Coding 4 Good as their Featured Contributor (pictured in his now famous flower photo from back in the day). 
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