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Star Contributor of the Month – Mohit Kumar Bajoria

screen-shot-2017-02-24-at-10-52-45-pmWe’re recognizing Mohit Kumar Bajoria of Jammu, India. Mohit has been a member of our community since he joined us a GSOC intern in March of 2016 and worked on adding browser-based offline access to the Community App underneath the mentorship of Gaurav. Since then he’s continued to excel and be an active part of the community first by acting as a GCI mentor and now by taking the initiative to fix the remaining bugs in the re-skin so it can be shipped to the community. These past couple of weeks, Mohit has really demonstrated his leadership by stepping up to become maintainer of the re-skin branch all on his own doing – he’s been mentoring other contributors, squashing lots of bugs, and reviewing and merging incoming pull requests. This call to leadership has been opportune as we seek empowered individuals from the community to stabilize and maintain Generation 2 as we transition to Generation 3. 
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User in Focus – Chaitanya

This regular blog series will shine the light on the financial institutions that are using Mifos or partner-led solutions powered by Mifos? We want to share the impact and benefits Mifos is helping you have on your clients as well as the personal experiences and lessons you learned while deploying your solution.

Chaitanya – Bangalore, India 

Chaitanya is an NBFC serving more than 170,000 rural clients in the states of Karnataka and Maharashtra. Their mission is to improve the lives of low income families through the provision of Financial Services. They are using FinFlux, a core banking solution powered by Mifos built by Conflux Technologies.

Chaitanya has its roots as a local NGO working in the rural parts of Central Karnataka. It was founded in 2004 by the late Mr. Ramesh Paineedi, a school teacher. It started work in chaitanyafinfluxthe area of children’s education and gradually moved into supporting rural microenterprises through its partnership with Small Scale Sustainable Infrastructure Development Fund (S3IDF), a US based NGO. Anand Rao (a Promoter in Chaitanya), built the partnership between the NGO and S3IDF while working with the latter.

The S3IDF and Chaitanya partnership helped create more than 25 microenterprises in rural Karnataka in the area of electricity supply to un-electrified households, Self Help Group (SHG)-owned and operated enterprises and IT based enterprises. Through the partnership, equity support, bank guarantees and debt financing support was provided to these microenterprises. Additionally they also arraned microcredit through the local regional rural bank, Pragathi Grameen Bank, to self help groups for activities such as LPG and electricity connection. Arranging financing for SHGs helped Chaitanya gain experience in the microcredit space and laid the foundation for starting Chaitanya, the MFI, as an NBFC.      

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Chaitanya was incorporated in March 2009 and MFI operations started in October 2009 after obtaining a fresh NBFC license from RBI. The initial promoters of the MFI were Anand Rao and Samit Shetty. As the MFI operations started, the NGO activities were completely wound down.

Chaitanya now reaches 170,000 clients with a portfolio of 3 Billion INR or about $45 Million USD. They hope to grow by 50% CAGR for the next two to three years. Chaitanya focuses on the rural markets, reaching 20 of the 30 districts in the state of Karnataka and 2 districts in the state of Maharashtra. Chaitanya offers a variety of Group Based Credit Products in the form of JLG loans ranging form INR 5,000 to 35,000 and Business and Housing JLG loans from 35,000 to 60,000.  Individual Loans for 2 Wheelers, Housing and Small business loans varying from 100,000 INR to 500,000 INR. Read more

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2016 Google Code-In Wrap-up

We had the honor of participating in Google Code-In for the second time this year. Google Code-In is Google’s program to introduce pre-university students to the world of open-source by working on a range of bite-sized (3-5 hour-long) tasks including coding, outreach/research, documentation/training, user interface, and quality assurance.  

In this year’s program, 1,340 students from 62 countries completed 6,418 tasks mentored by 17 different open source organizations. We worked with 34 students who completed 159 tasks. Participation was a bit lower than during our first year in 2014 but we still received many valuable contributions and most importantly made a lasting impact on students by showing them what it’s like to work on an open source project. Read on to learn more about our five finalists and their GCI experiences. 

Coding contributions included enhancements and bug fixes to both our Mifos X web app and Mifos Android Field Officer app. For our documentation, students helped to create training slides, record video tutorials, improve technical docs on our wiki, and update screenshots throughout our user manuals. As we push further into new geographies and pioneer new fintech innovation, the dozens of country market research briefs on financial inclusion and fintech will be immensely valuable. Students even got to try their hand at design by creating wireframes and mockups for our website and mobile self-service app.

Thank you to all the students who participated, thank you to the Google Open Source Programs staff for administering the program and thank you to all our mentors including several new community members. Our mentors this year were Shreyank, Gaurav, Rajan, Prathmesh, Adi, Nikhil, Nayan, Tarun, Mayank, Mohit, Nazeer, Santosh, Simmi, Daniel, and Saransh. Tarun, Mayank, and Rajan were an especially big help with the mobile development tasks we had available.

Read on below for a brief glimpse into our 5 finalists. Our 2 grand prize winners will be going to the Google campus along with their parents for four days in June. They will be joined by one of our mentors. So stay tuned later this summer for a recap of this fun event and amazing rewards for all these students.

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Star Contributor of the Month – Gaurav Saini

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We’re recognizing Gaurav Saini, from Chandigarh as our Star Contributor for December 2016. Gaurav has been one of our most active and loyal community members since he graduated from GSOC in 2014. He’s championed the evolution and developoment our Web UI since then. He’s a regular on the mailing lists, is often found speaking about Mifos around the world, and never hesitates to help the community when in need. Gaurav has had a busy 2016 – he started out presenting at TechDays in Amsterdam, mentored two projects for Google Summer of Code, helped a fellow partner in the community by doing hybrid mobile app development, continued to extend our Mifos X web app, attended ApacheCon in Seville, attended the GSOC Mentors Summit in Mountain View, served as a mentor for Google Code-In, and is helping to get our web self-service app off the ground. 

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Star Contributor of the Month – Pranjal Goswami


screen-shot-2017-01-09-at-9-54-32-pmWe’re a little behind on recognizing Star Contributors so we’re going catch up for 2016. For November, we’re honoring Pranjal Goswami from Bangalore, India. Pranjal is one of our most gifted and talented community members and it was only in 2016 that we were finally able to get him directly involved with the community. He mentored two students for Google Summer of Code, lending his expertise and graphic design skills to assist in refactoring and re-skinning our web app and also mentoring Adhyan in building out a notifications framework for the web app. He was also chosen to attend the 2016 Google Summer of Code Mentor Summit along with Gaurav. Pranjal will be busy throughout 2017 but we look forward to making him an active contributor to the Apache Fineract community.

Pranjal Goswami – Bangalore, India

Brief Bio (in the words of Pranjal):

Currently working as Head of Product for tnpsuite.com which we ideated during graduation to streamline the process of campus placement drives in India. The platform helps colleges recognise gaps in placements using the student specific analysis.

When not in front of my laptop coding, I like spending time traveling, reading or playing sitar (an Indian classical music instrument)

Relevant Skills & Experience: Full stack developer for three years. Worked on big scale web applications built on Angular JS.

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Star Contributor of the Month – Rajan Maurya

We’re recognizing Rajan Maurya, recent GSOC graduate, from Delhi as our Star Contributor. Rajan didn’t wait a moment to continue excelling as a contributor even as GSOC concluded. He has continued his development and bug fixing for the Android field officer app and has graciously helped to mentor any new contributor that has come along. He has also taken the initiative to lead the Android Self-Service App by putting in place a strong architecture and guiding fellow volunteers to contribute. It’s been a pleasure to work with Rajan to see how tirelessly he dedicates himself to the Mifos community at all hours of the night. Join us in congratulating Rajan and follow his lead so you too can be recognized as Star Contributor in an upcoming month. 
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2016 Google Summer of Code Wrap-Up

Google Summer of Code has come and gone in a flash…of brilliance that is. It seems like it was only yesterday that we were flooded with applicants for GSOC – now that we’ve concluded, our seven interns did not disappoint in their contributions throughout the summer. This marked our fifth year as a mentoring organization and each year GSOC continues to unite and grow our community in different ways. Once again, we received incredibly valuable contributions to our Mifos X web and mobile clients this summer; most importantly we have cultivated numerous passionate contributors that will be a part of our community long into the future. This year’s program also taught us many valuable lessons of how we can improve our communications and collaboration to realize the full potential of each of our interns.

imag7587Before we recap the new features that the community will soon be able to benefit from, a round of thank you’s:

  • Thank You to our GSOC Interns – persistence, patience, and passion were all critical factors needed along with your programming skills to help you succeed in navigating the complex FinTech domain. You have used cutting edge technologies to develop valuable innovation to help move millions out of poverty
  • Thank You to our Mentors – thanks to Nayan, Ashok, Pranjal, Antony, Ayuk, Ishan and Gaurav – you are the lifeblood of GSOC – your tireless commitment, your wise advice and your visionary insight have helped shape this next generation of open source contributors. We welcomed five new mentors this year including 2 of our former GSOC participants – Ishan and Gaurav.
  • Thank You to Google Open Source Programs – thanks to Stephanie, Cat, Joshua, Mary, and the entire team. Year after year, you continue to make the program more effective including the rollout of a brand new program website this year. We appreciate the attention and commitment you give to the hundreds of orgs and thousands of students you impact in so many ways.

Here’s a brief recap on what the interns worked on over the summer followed by a closing interview on their experiences over the summer.

Want to see all of the brand new features and innovation in action? Register and attend our GSOC Demo Day for a showcase of all their work via GoToTraining. GSOC Demo Day is Thursday September 15 at 1400GMT.

 

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Meet the 2016 Google Summer of Code Class of Interns

Google Summer of Codegsoc2016-sun-373x373 2016 is officially underway. GSOC is now in its 12th year and we’re proud to be participating in GSOC once again for the third time as the Mifos Initiative and the fifth year overall. This year was our most selective year ever with an acceptance rate of 6.08%. We received 115 proposals and had to choose amongst many exceptional candidates to allocate our seven slots. Selecting our top candidates that balanced with the highest priority needs of our community was a difficult process but we’re delighted to be working with a stellar team of interns from three continents who will be working on mobile apps, our community app, and new modules and integrations.

On the mobile front, Vishwajeet will be building out our first client-facing app – an Android self-service banking app. Rajan will be evolving our Android field operations app to Version 3.0. Our community app won’t be recognizable after this summer with Duplex working on refactoring and re-skinning it, Mohit adding in browser-based offline access and Adhyan adding in actionable notifications and status alerts. On top of the Fineract platform, Daniel will be adding in a module for mobile money integration and Nikhil working on credit bureau integration.

Given we had to be so selective and turn away so many candidates who had impressive applications and meaningful contributions, we’re pushing to run our own Mifos Summer of Code in parallel. We are launching a crowdfunding campaign to raise money to provide stipends to the students we couldn’t choose but have high-priority projects along with seasoned mentors ready to guide them. Stay tuned for more on Mifos Summer of Code.

Our Google Summer of Code students started their first day of coding on Monday so please welcome them and send a word of encouragement to our mailing lists. As we do each year, here’s a brief intro on each of our interns and stay tuned for a follow-up post with some fun facts on each of them.

 

Duplex Kamdjou – Cameroon

  • Refactor & Re-Skin AngularJS Community App
  • Mentor: Pranjal Goswami & Gaurav Saini
Mohit Bajoria – India

Adhyan Srivastava – India

  • Actionable Notifications & Status Alerts
  • Mentor: Gaurav Saini & Pranjal Goswami
Vishwajeet Srivastava – India

  • Mifos Self-Service Android App
  • Mentor: Ishan Khanna & Swapnil
Rajan Maurya – India

  • Mifos Android Field Operations App Version 3.0
  • Mentor: Ishan Khanna and Satya Naryan
Daniel Carlson – Cameroon 

Nikhil Pawar – USA

  • Credit Bureau Integration
  • Mentor: Nayan Ambali and Ashok Auty

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2015 Winter Outreachy Intern Wrapup

As we look towards bringing on a full class of Google Summer of Code interns, let’s reflect on our recent group of interns who completed our Winter 2015 Outreachy program with Mifos for the first time.  Outreachy was a journey for both our interns and our mentors as it brought home many lessons in communications and collaboration across an open source community as  our three interns collectively worked on our Android field operations app. After their contributions we now have a refactored and redesigned app, a wide range of new functionalities for field officers, and a mobile UI for capturing surveys.  Join us in giving a big thank you to Olya, Nelly, and Nasim, and their mentors, Ishan, Gaurav, and Markus. Read on to learn more about what they built and what their most lasting experiences from their internship were.

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2014 Mifos Annual Report

2014 was a breakthrough year for our community as the Mifos X platform established a foothold around the globe and we proved that a platform-centric and partner-driven approach can achieve tremendous scale and impact. Take a few moments to look back at the major milestones from the past year and all the community members who made these accomplishments possible.

At a glance in 2014

  • 2.6 million clients were reached by 110 financial institutions supported by 40 local tech partners across 33 different countries.
  • 80,000,000 transactions were processed on the platform with more than $791,000,000 in loans being managed.
  • 11,630 downloads of our software from 150 countries