Mifos X is an open technology platform for financial inclusion that provides the core functionality needed to deliver financial services to the 2 billion poor and unbanked.

Mifos X can be deployed in any environment: cloud or on-premise, on or offline, mobile or PC; it’s extensible enough to support any organizational type or delivery channel, and flexible enough to support any product, service, or methodology. For any organization, big or small, it will provide the client data management, loan and savings portfolio management, integrated real time accounting and social and financial reporting need to bring digital financial services in a modern connected world.

It contains both the common platform for our community to build off and extend, and the Community App, our showcase product which you can use out of the box. Both are completely open via the Mozilla Public License 2.0.

Current Release

Mifos X 16.02

January 12th, 2016: Loan Rescheduling, Loan Loss Provisioning, Floating Interest Rate Loans, Variable Installment Loans, Self-service API’s, OAuth/HTTPs Toggling