Grameen Koota - Bangalore, India
Grameen Koota played a pioneering role in the Mifos Initiative as the first Mifos implementation. Grameen Koota has been running Mifos fully in production since October 2007. Since deploying Mifos, Grameen Koota has continued their rapid growth and expansion - officially becoming a Non-Banking Financial Corporation (NBFC) as of March 2008 and continuing to rapidly open new branches with 120 in total. Mifos’ centralized database and the ease of rolling out new products and new branches instantly will help to drive their growth plans of reaching 2,000,000 clients by 2012.