Mifos 2025 Year in Review
In 2025, our community demonstrated the breadth & scale of our DPGs across the public & private sector.
In 2026, our ecosystem is poised for new growth as we harness its full potential.
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2025 Mifos Summer Intern Wrap-up
We were successful in graduating 22 interns across three internship programs in 2025. Full recaps of each intern will be shared soon. In the meantime, please view our Finals Week Showcase playlist for a recap of each project:
2025 Interns
|
Student |
Mentor |
Category |
Project |
Final Report |
Final Showcase |
|---|---|---|---|---|---|
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@Akshat sharma @Parth Kaushal |
AI Enablement |
Voice Driven Banking via LAM (C4GT) |
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@Parth Kaushal @Akshat sharma |
AI Enablement |
Accessibility and Language Improvements to increase inclusion in Apps (C4GT) |
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@Nkep Kerlyn Oreoluwa Oluwasinak |
AI Enablement |
AI-Driven Testing Framework for Security (GSOC) |
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@Victor Romero @David Higgins |
AI Enablement |
MCP Server for Agentic API Operations (GSOC) |
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@David Higgins @ |
AI Enablement |
Generative AI Chatbot for Community Support (GSOC) |
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Devarsh Shah
Freelance DevOps Engineer |
@tom daly |
Mifos Gazelle |
Support for ARM |
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@David Higgins @Abhinav Kumar |
Mifos Gazelle |
Demo/Profile Creator |
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@tom daly @Abhinav Kumar @David Higgins |
Mifos Gazelle |
OpenCRVS Integration |
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@David Higgins @tom daly@Abhinav Kumar |
Mifos Gazelle |
Runtime GUI for Demo Narration |
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@Felix van Hove |
Mifos X |
Enhancements to Mifos X Web App (GSOC) |
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Craig Rosario |
@Aleksandar Vidakovic |
Mifos X |
Modular UI based on ShadCN Components (GSOC) |
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Abhinav Cilanki |
@Victor Romero @Aleksandar Vidakovic |
Mifos X |
Reactive Loan Risk Assessment Engine (GSOC) |
Reactive Loan Risk-Assessment Engine for Mifos X — GSoC 2025 Final Report |
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@Victor Romero |
Mifos X |
Credit Bureau Integration Module (GSOC) |
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@Akshat sharma |
Mifos X |
Bank Statement Analysis Module 2.0 (MSOC) |
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@Yash Sancheti @Victor Romero |
Mifos X |
Workflow Engine Integration Module (GSOC) |
GSoC 2025- Integrate Mifos X With Workflow Engine/Process Automation Tool- Work Product |
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revanth kumar
Contributor |
@Rajan Maurya |
Mobile Apps |
Mifos X Field Officer App to KMP (MSOC) |
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@Rajan Maurya |
Mobile Apps |
Enhancements to Mifos Mobile (C4GT)
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@Rajan Maurya |
Mobile Apps |
Mifos X Field Officer App to KMP (MSOC) |
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@Rajan Maurya |
Mobile Apps |
Enhancing Mifos Module Wallet App – UX & transactions (GSOC) |
GSoC 2025 Final Report — Contributions across Mifos mobile ecosystem
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@Rajan Maurya |
Mobile Apps (C4GT) |
Enhancements to Mifos Pay Mobile Wallet (C4GT) |
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@Rajan Maurya Anjali Shah |
Mobile Apps (GSOC) |
lUI/UX Component Library in Compose (GSOC) |
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Sk Niyaj Ali
Mobile Developer |
@Rajan Maurya |
Mobile Apps (GSOC) |
Kotlin Multiplatform Project Template (GSOC) |
Mifos X
Abhinav Cilanki – Reactive Loan Assessment Engine
Abhinav Cilanki, under the mentorship of Akshat Sharma and Victor Romero, has delivered a new foundational component that compliments Mifos X loan management capabilities by offering a stand-alone loan risk assessment engine. Abhinav built a reactive, event-driven microservice that ingests loan & document events from Apache Fineract and Mifos X via Kafka, fetches & organizes borrower documents, and orchestrates external risk checks (Bank Statement Analysis and Credit Bureau Pulls) in a resilient, non-blocking way. The Results are stored in a reactive PostgreSQL database (R2DBC), and lightweight HTML/PDF endpoints are provided for quick operator review and audits. The service is extensible (SPI for credit bureaus), observable, and production-minded (timeouts, retries/backoff, safe reprocessing).
This project met all its objectives by designing and delivering the necessary components to ingest and persist events generated by Fineract, download and store documents and attachments, an aggregator to determine readiness and orchestrate credit bureau calls, extensible service provider interfaces (SPIs) to rapidly integrate new providers without rewriting core logic, as well as components for reliability and observability to ensure stability in production environments. The architectural design and implementation choices chosen by Ahbinav ensures increased throughput via its fully reactive pipelines, operational visibility without deep technical knowledge, extensibility to scale seamlessly across markets, and reliability even when external providers fail or respond slowly.
Hossam Hatem – Workflow Engine Integration
Aligned with our goal of extending capabilities that augment MIfos X loan management with stronger origination and onboarding tools, Hossam’s workflow engine integration project under the mentorship of Yash Sancheti and Victor Romero, delivered on that well beyond expectations. Hossam has created a workflow integration engine layer to seamlessly integrate both internal processes as well as interactions with external systems, so non-technical individuals can design and configure complex workflows through simple drag and drop interfaces following BPMN with no coding knowledge required. Hossam delivers on the project’s functional and business goals by democratizing workflow design with an initial focus on core processes like client onboarding and offboarding as well as loan origination and disbursement. Hossam took no shortcuts on the architectural design by ensuring its workflow engine-agnostic, easily integrates with the auto-generated Fineract client, is highly secure, is flexible and extensible, has extensive testing coverage, is fully documented, is rapidly deployable, and is highly scalable and resilient.
The architecture is future proof as a Spring Boot application with a layered architecture. At the heart of the design is the WorkflowEngine layer which acts as an abstraction interface, a generic adapter keeping the Mifos X core clean and adaptable by being engine-agnostic and allowing any workflow engine to be integrated with. Hossam chose to start with Flowable as the initial workflow engine because of it active community, support for BPMN 2.0, and seamless integration with Java and REST APIs. Hossam’s solution is built on the KMP version of the Fineract Client so as back-end APIs change the workflow integration can be rapidly updated with no manual intervention. The solution is highly secure with strong authentication services, has full testing coverage and has a fully containerized deployment package with health checks via Docker Compose.
We now have a powerful and extensible workflow engine integration that the community is ready to extend by integrating new additional workflows especially those with external systems and processes, integration into our other decisioning tools like the credit bureau module, the loan risk assessment engine, and building in additional retry mechanisms for advanced additional workflows.
Please take the time to watch Hossam’s final showcase to fully understand the breadth of what he has built including the overall architecture of the solution as well as a demo of the supported workflows.
Yu Wati Nyi – Credit Bureau Integration Phase 5
Adding to the much-needed loan origination capabilities alongside Mifos X, under the mentorship of Victor Romero, Yu Waty Nyi embarked on Phase 5 of the Credit Bureau Integration first started by Nikhil Pawar. Our aim is to have a flexible module which automates the connection between Mifos X and any external credit bureau API to send client information to an external credit bureau and receive credit scores or reports in response. She has restructured the code completely from scratch such that it’s now a stand-alone service and module that sits outside of Apache Fineract® securely consuming the Fineract Client APIs.
The Spring Boot 3 application has been containerized with Docker using OpenAI for documentation and mirrors much of the Apache Fineract® stack. It has a layered architecture with an API for incoming requests, a service layer with the core business logic, the domain layer for data models for the core entities, the data layer for DTOs for API communication, a mapper to convert between data and entities as well as an exception layer for error handling. Given the global reach of our community, she has built with extensibility in mind by following the DTO pattern to decouple the API from internal entities, and to ease the process of adding and configuring new credit bureaus, using MapStruct to map between entity and DTO , the builder pattern using Lombok, and externalized configuration to store API keys.
Circulo de Credito of Mexico was chosen as the initial reference credit bureau integration to send client information and receive a FICO score in response.
Looking to the future, Yu has completed the back-end APIs but a front-end UI still needs to be completed, caching is to be implemented for better for performance, AWS secrets manager could be implemented to improve the current AES encryption, additional test cases can be added, and mapping of the FICO score to the loan product to help automate loan approval.
Craig Rosario – Modular UI based on ShadCN Components (GSOC)
Day by day, Mifos X is being used by a variety of fintechs and financial inclusion providers for more and more use cases that go beyond the initial group and center based microfinance operations that Mifos X was initially designed for. Craig Rosario, with the guidance of Aleks Vidakovic, has created a modular UI framework that allows developers to rapidly build new UIs for any fintech flow or use cases using more modular, maintainable modern UI components. This app currently sits in parallel to the Mifos X web app which uses Angular with Material Design which provides an all-in-one UI. THis new UI framework has been built using React and Typescript on the front-end, Tailwind CSS and ShadCN for styling and re-usable components and consumes the OpenAPi Typescript Client auto-generated from the Apache Fineract back-end. Ultimately we would like to see fintechs and other adopters build brand new modular UIs for their distinct flows using these reusable stylable components but for Craig’s project to demonstrate what can be done and provide a highly functional app, Craig has migrated nearly the entirety of the current web app to the new React-based architecture. This framework now provides a consistent design system using stylable ShadCN components, integrates seamlessly with the Apache Fineract back-end through the OpenAPI auto-generated typescript client and has a clean project structure with modular pages, components and stage management.
Developers can now build user interfaces more rapidly with an improved developer experience through more modular components that are re-usable eliminating the rewrite of code. All in all, Craig created more than 200 screens to migrate the existing UI. There are still some pages that need OpenAPI support to be migrated as well as components of the Institution module. Unit testing of components and Integration tests of the API flows can be added; multi-language support via translations is still to be added as well. However the biggest request of the community is for any fintechs that have specific use cases or flows that aren’t ideal for the current web app to now use this framework to rapidly build your modular UI and give us feedback on the experience.
AI Enablement
Vickey Kumar – Voice-Driven Banking Assistant via Large Acoustic Models
As part of Code for GovTech, under the mentorship of Akshat Kumar and Parth Kaushal, Vickey Kumar completed his project focused on providing a Voice Driving Banking Assistant to help make Mifos X more inclusive and accessible to underreached populations including those who are illiterate and with language barriers. Now with this app catering to the more than 1.3B adults lacking basic digital literacy skills , users can interact with their accounts in Mifos X using just their voice.
The project uses various LLM models for TTS (Text to Speech) and STT (Speech to Text) to interpret user commands and enable seamless interactions with the app. The overall tech stack consisted of Hugging Face models for the TTS and STT and FastAPI for a compact and fast back-end. The Gemini APIs were primarily used to authenticate via voice and for NLU (Natural Language Understanding) to handle response generation while Firebase was chosen as the database for easy usage with LLMs to enable keyword matching without SQL queries, and React and Tailwind CSS deployed on the front-end.
As part of the roadmap for future enhancements, we look to generate a proprietary high quality data set to improve training and accuracy of the LAM and NLP models, integrate an open source framework to provide an even more secure voice authentication system, and to systematically add a greater range of intents and entities to improve the model performance and scope.
Shubham Pal – Accessibility & Language Improvements using AI to increase Inclusion
Shubham Pal, a previous GSOC alumni, returning this time as an intern through Code for GovTech worked with his mentors to deliver a better means for consistent and context-aware translations across both our web and mobile apps which require multilingual interfaces for inclusion and accessibility.
This will now make it easier for developers to translate and maintain the translation files and create a more consistent user experience.
We have now transitioned from a simple dictionary-style of translations to a context-aware translation model powered by LLMs. The script uses LLM APIs to translate the raw files and generates literal, natural sounding and context-aware translations along with human review to ensure the quality of translations. These LLM-based flows are similar for both the web and mobile apps. For the Mfos Web App UI, the JSON language files are parsed to extract keys and values from the JSON; the text is identified to create a context-aware prompt which then gets processed via the GrokLLM API using the LLama 70B model. The translated text then gets saved in a new JSON file. Caching has also been implemented to avoid redundant calls and increase performance. This has been implemented now for 15 languages into total for the Web App UI.
For the mobile, strings.xml files are used rather than JSON. Translations in the mobile app were even more inconsistent or incomplete with many sections having the same strings.xml file in different directories so a slightly different approach was taken. The workflow includes a new strategy for parsing files with different tags. Since multiple files are present in different directories, Shubham had to manually find each string.xml file and compare against the English version, in some directories there less translations than the English file. In these cases where there were less, they were converted and stored in a new translation file. The approach was then very similar: find string.xml files in different directories in the repo, parse the strings.xml files, extract string and string-array entries to be translated, exclude ones to not be translated and then use context-aware prompt, and the same LLM APIs used during the web app translation.
Next on the roadmap is- functionality to add new translations for languages that get added. As of languages that were included as of August 15, everything has been translated. There are now also plans for a User Interface for developers and release managers for these translations.
Mobile Apps
Saksham Gupta – Extend and Evolve UI Library of Common Components across all Mobile Apps
For his Google Summer of Code internship, Saksham Gupta, embarked on a highly critical cross-cutting initiative to Extend and Evolve our UI Library of common components across all Mobile Apps under the mentorship of Prashant Manda, Rajan Maurya, and Anjali Shah. Saksham far exceeded his goal to create a UI/UX library enabling a user-friendly experience of common shared components and design guidelines to establish consistency and usability within our mobile applications. He conducted a thorough and comprehensive project from start to finish, not only focusing on design but originated with research of other apps, interviews with real-life users, and mapping and analysis of the flows. Likewise, apart from delivering hundreds of high-fidelity screens with dozens of re-usable components, he ensured that implementation of the designs by developers was seamless and could easily be re-used across the Compose components. Throughout his project, Saksham adhered to strict principles and approaches to ensure quality and consistency were never compromised with well-defined sprints following tight agile ceremonies. Saksham’s discipline was on display as Prashant pushed him to build the library before the screens: tokens, variables, and styles first; followed by components next and lastly, the flows so consistency became a default. These designs were also coupled with extensive guidelines and standards for all these components with clear and intentional rationale for the color choice and design decisions behind each one.
Across seven sprints, Saksham delivered on the UI/UX library for both Mifos Mobile as well as the Mifos X Field Officer App. All in all, Saksham designed 200+ high fidelity screens with 30+ reusable components for Mifos Mobile and for the Field Operations App 160+ screens with 40+ reusable components.
While the mobile development team has already been implementing the designs, Saksham still has plans for future improvements including major redesign of the landing dashboards for Mifos Mobile. For the Mifos X Field Operations re-designing and streamlining all the flows for interactions with group accounts and improving the design of reporting features for performance, compliance and customer insights.
All of the designs and the process in arriving at the designs for all the flows across both of these mobile apps has been documented extensively by Saksham in his final report and final showcase. You can interact with the final Figma designs for Mifos Mobile and the Mifos X Field Officer App.
Jilakara Rivanth Kumar – Mifos X Field Officer App to KMP (MSOC)
As part of Mifos Summer of Code, the original focus for Rivanth was to Migrate Mifos X Field Officer Application to Kotlin Multiplatform but he ended up working on many of our mobile app project. Rivanth was a vital part of the community efforts to resdesign the user experience for Mifos Mobile and the Mifos X Field Officer App and the migration of both projects to Kotlin Multiplatform. Key milestones of his work included migration of new screens for the field officer app based on Figma designs, migration of modules and implementation of new UI screens for Mifos Mobile, and bug fixes and improved user experience for the MifosPay mobile wallet. All in all, Rivanth authored more than 100+ pull requests and reveiwed 150+ pull requests.
Through the more than 50 pull requests across the Mifos X Field Officer app, Rivanth migrated core modules to KMP such as UI, Network and Data Store as well as migration of more than ten feature modules to Compose Multiple platform and refactoring of the screens to match the latest Figma designs resulting in a UI that is cleaner and responsive across all devices.
For Mifos Mobile, Rivanth authored 39 pull requests migrating core and feature modules to KMP and CMP, migration of skins to the New UI based on Figma for flows such as Charges, Tranasfers, Beneficiaries and the Customer Profile section, in addition to bug fixes and architectural enhancements.
Rivanth also contribute ten pull requests to MifosPay supporting migration of the APIs to self-service flows and improving the overall user experience.
Sk Nyaji Ali – Kotlin Multiplatform Project Template (GSOC)
For his Google Summer of Code internship, Sk Niyaj Ali, worked on Enhancing the Kotlin Multiplatform App Template Framework under the stewardship of Rajan Maurya. The Kotlin Multiplatform (KMP) Multi-Module Project Generator serves as a foundational tool for creating cross-platform applications within the Mifos Initiative ecosystem. This project aimed to enhance the existing template framework by implementing comprehensive improvements that streamline development workflows, improve code quality, and provide robust infrastructure components for building production-ready applications across Android, iOS, Desktop, and Web platforms.
It extended our one-time use template to be a
- Pre-configured CI/CD tools, multi-module architecture, intelligent project synchronization such that when you do enhancement to a dependency, every downstream project will get those updates via Github Actions.
- Advanced security management to automatically generate the keystore for different app stores. For android, need 20+ keys – generating these
- Source Set Hiearchy and Code Sharing enables code resuability across the different platforms through intelligent code sharing via hierarchical dependencies.
- KPT Design System Architecture allowing to use own design system or material themes but can easily integrate customer themes. Contains interfaces and shared composablle cross-platform component library, abstraction layer for platform-spefiic functionality
- Type-Safe Navigation Framework – maintain consistency oft user experience contains platform specific navigation of each platform.
Pronay Sarker – Mifos X Field Officer App to KMP (MSOC)
Also worked on migration of Mifos X Field Officer App to KMP so available across multiple platforms.
Migrate core modules, implemented new UI mockups, type-safe navigation, MifpsPay – bugs and improved UX
Phase 1 -KMP dependencies, core modules to KMP,
Replacing hitl with koin for depdnency injections. SQL lite to multiplatform compatible datgabse
Feature modules migration – sahred business logic while keeping UI in jetpack compose.
PHase 2 – UI mockups from Figma
Typsafe navigation 0 make screen transitions safer, reduced runtime navigation errors
Screen layout
Nagarjuna Banda
- Mifos Mobile Enhancements –
- Schedule payments ,dashboard redesign
- Srite once run everywhere.
- Share biz logic across platforms, native ui for each target.
- Migrated core modules to KMP – core and feature modules
- Re-usable modular components based off design from Saksham.
New features as well.
6 sprints – complet
App live for play store and Ios
Bug fixes and contributions too.
Biplab Dutta
MIfos X Field Officer App Migration
Client module – list details, identifiers, pinpoint surveys, chage, singature, client form, client form camera, client pinpoint module
Client Charges module Client Identifiers Module
Path Tracking Module – not done
Checker Inbox Task Module
MIfosPay – modular multimethod payments and auto-pay system
Only internal payments – enable it to support payments for external networks for any users – UPI,
Extensiblek maintainable, user friend,
UPI as reference implementation
Form factors – scan & pay, bank transfer, auto pay for recurring transfers
Implemented flow for scanning of QR codes for UPI Payment Flow – Fineract accounts or UPI code
Front-end ui for bank transfer via UPI
UPI payment flow – back-end implementation created but using mockups for visuallizing UI copmnets
UPI Pay Anyone Flow – UPI ID, mobile number, – UI created but still need back-end implementation
Saksham Gupta
All in all – Mifos Mobile – 200+ high fidelity screens designed with 30+ reusable components
Mifos X Field Officer App – 160+ screens with 40+ reusable components
User Research informed the UI design.
Phase 1 redesign wasn’t too adaptable to dark theme because of high contrast colors –
Redesign 2.0 – Material Theme Builder with their color schemes –
Broke across 7 sprints – language onboarding and login, the registration, then components with fliters, head cards, account coards – Building block components of the apps
Homepage, authentication, savings account flow
REpayment schedule now more intuitive.
After midterm – DOcument row, row set, top card, beneficiary flows, beneficiary details, adding new beneficiaries – warning before scanning QR cde
Shares, etc.
Sprint 6 – profile /settings flow
Sprint 7 – transfer flow
Sprint 3 – less components to design as re-useing the previous components.
Mifos X Field Officer App – bottom up approach to make dynamic dashboard configured according to functionality need byed user.
Cleint, Apply new application flow – common application flow for new loan account, new savings account, new share account, new FD account, new RD account
Created step-wise creation process for these flows
Overall di 100+ PRs
Learned about clean architecture, modulatization, migration strategies
2024 Mifos Annual Report
It’s been 10 years since we’ve published an annual report as a narrative storytelling of the past year’s progress and activities.
Stay tuned for the official 2025 Year in Review, our Q4 2025 Community Call and the 2025 Annual Report to drop in the first part of the year.
2024 marked a remarkable year in which we demonstrated the Mifos technology stack and community as a transformative force in delivering financial inclusion at scale. Across both the private and public sector we proved ourselves as a catalyst for innovation.
We achieved significant milestones across our core pillars of product and software development, education and advocacy, and ecosystem and community development.
On the product front, through the Pepper Soup project, we stewarded upstream contributions sponsored by a leading global fintech to develop our brand new progressive loan module which powers their operations opening more than 700,000 new loan accounts daily.
We continued to strengthen our community, the bedrock of our initiative by continuing to mature and refine the local ecosystem as well as our global contingent of interns and volunteers. We cultivated local support capacity through our partner program with local system integrators who are the voice of our customers, the channel to market of new solutions, local support on the ground and grassroots innovation and upstream contribution back into the core. We are building the next generation of open source contributors through participating in Google Summer of Code & Code for GovTech, graduating 17 interns in 2024.
On the advocacy front, we spoke at or attended more than a dozen events across the globe including Fintech DevCon in Austin, Community over Code EU in Bratislava and the Interledger Summit in Cape Town and were shortlisted for a number of awards. We hosted virtual webinars, kicked off quarterly community calls, and re-launched working groups for our community.
A key focus in 2024 was deepening our leadership role in the Digital Public Infrastructure space by enabling the delivery of digital financial services into last-mile accounts through our DPGs for core banking and payment orchestration. Payment Hub EE, our modern orchestration engine,was certified as a Digital Public Good joining Mifos X, our core banking platform and loan management system of record. 2024 culminated in the launch of Mifos Gazelle to enable the rapid deployment of DPGs in demo and sandbox environments.
We completed the design and implementation of the Payment Building Block for the GovStack Initiative, collaborated around sustainability and interoperability with fellow DPGs through Co-Develop and the Digital Public Goods Alliance, helped Interledger Foundation explore the intersection of its next-gen technology and protocols with DPI, and championed the importance of functional wallets and transactional accounts while speaking at events like the inaugural global DPI Summit in Cairo, Egypt.
In 2025 we look to build upon this by continuing to scale our software across different use cases, nurture and grow our open source community, mature our local ecosystem, catalyze more country-level DPI innovation, and streamline our processes to accelerate collaboration.
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Meet our 2025 Summer Interns
Join us in officially welcoming our class of interns for 2025. We have the honor of working with 23 interns across Google Summer of Code, Code for GovTech, and Mifos Summer of Code. This year Google of Summer of Code is celebrating its 21st year and marks our 13th year of participation overall and 10th year directly as the Mifos Initiative with thirteen interns chosen. We selected six interns through C4GT as a participant for the second time in the Code for GovTech Dedicated Mentoring Program which is now entering its third year being led by Samagra Governance. This was our most selective year to date and due to the immensely high quality of candidates that applied, we offered up an additional four internship positions through Mifos Summer of Code to candidates we couldn’t accept through the other programs. We have a range of countries represented with India well represented, but also two interns from Egypt, an intern from Cameroon as well as Uganda, an intern from Myanmar, and interns from Afghanistan and Bangladesh.
Across all the programs the evaluation and selection process was very intensive; for the Google Summer of Code program as a whole, 1,272 contributors were accepted from the 23,559 applications received, their highest total in 21 years, more than 2.5x the previous record. For Mifos alone we received 209 proposals from which we were granted 13 slots yielding an acceptance rate of only 6%. Similarly, for Code for GovTech their program had 8700 proposals from 4200 applicants from which we selected 6 interns from a pool of 197 applicants.
A massive thank you to David Higgins for helping organize all our intern procedures this year and all of our mentors for helping to evaluate, guide and onboard our interns. We are gracious to Google and Samagra Governance for the opportunity to work with so many talented and motivated individuals as they help us fight poverty with financial inclusion, build the next generation of open source contributors for our project, and help usher them along their personal and professional journeys.
Google Summer of Code
For Google Summer of Code, we selected interns to work across a mix of projects that will deliver both high-value and bleeding edge capabilities to the community.
On the mobile front, we have three GSOC interns working across the technical and functional spectrum of our mobile apps – Saksham Gupta working on building out a consistent and reusable UI/UX Component Library in Compose for Kotlin Multiplatform, Sk Nyanji Ali continuing to refine the Kotlin Multiplatform Project template to ease the developer experience across all our mobile apps and Hekmatullah Amin enhancing the MifosPay Mobile Wallet app user experience and transactional workflows.
On the front-end, we have two projects helping to stabilize and optimize our production web user interface for staff and also working on a next-generation modular UI for fintech applications. Gopi Kishan will be enhancing the Mifos X Web App by upgrading to the latest stable versions and refining some of the key portions of the application and Craig Rosario via a micro-frontend approach will be building a modular React-based UI with ShadCN components for fintechs and digital-first institutions. 8700 proposal 4200 applicants
We are continuing to explore the boundaries of AI for financial inclusion with two projects through GSOC with Aru Sharma refining and extending our Generative AI Chatbot for Community Support to support more incoming data as well as bi-directional actions being taken by the chatbot. Keshav Arora is going to build upon the agentic AI operations that Victor has been enabling through the MCP Server for Mifos X.
Our newest product, Mifos Gazelle, will be getting a lot of attention with two GSOC interns focusing on adding support for ARM-based architectures like Mac devices and Raspberry Pis being led by Devarsh Shah in addition to Yash Sharma working on a Demo Profile Creator to enable the configuration of end to end use cases for demonstrations and storyboarding as part of Mifos Gazelle.
In securing our core DPGs and building around the edge of the core banking architecture, we have 4 GSOC interns. Norbline Azah is building out an AI-driven testing framework for Payment Hub EE to increase its resilience, scalability, and security. We then have three projects that will enhance the capabilities of Mifos X as a robust loan management system by helping the origination and decisioning processes – Yu Waty Nyi will be working on the next version of our credit bureau integration module, Hossam Hatem will be building a module to integrate with a best-in-breed open source workflow engine to enable the easy configuration of complex processes and workflows for loan origination and client onboarding while Abhinav Cilanki will be bring together our growing pool of different credit assessment tools into a reactive event-driven credit risk assessment tool.
Code for GovTech
For Code for GovTech, we have a diverse array of projects all related to our emerging digital public goods to fuel digital public infrastructure that advances the adoption of instant inclusive payment systems and enables effective last-mile G2P distribution.
Our Mentor team lineup includes Tom Daly, David Higgins, Akshat Sharma, Parth Kausal, Rajan Maurya and Abhinav Kumar (who was a former C4GT Interm).
On the Mifos X – Mobile Applications front, we have two projects: enhancements to our mobile wallet, Mifos Pay, which Biplab Dutta will be working on; and enhancements to Mifos Mobile which Nagarjuna Banda will be working on. Mentorship will be provided by Rajan Maurya.
On Mifos X – AI projects, we have Shubham Pal looking at Accessibility and Language Improvements to increase inclusion in Applications. We also have Vickey Kumar looking at Voice-Driven Banking via Large Acoustic Models (LAMs). Mentorship will be provided by Akshat Sharma and Parth Kausal.
On Mifos Gazelle – We have two exciting project looking to expand the breadth and useability. Rishav Jain will be working on integration of OpenCRVS, a DPG focused on Civil Registration. Pranav Deshmukh will be looking at a runtime GUI for Mifos Gazelle demos that supports narration and guides the users through using the UI of the core products. Mentorship of these projects is provided by Tom Daly, Abhinav Kumar and David Higgins.
Thank you once again to Samagra Governance for its leadership of the C4GT program. Thank you to all the mentors for all their guidance so far and continuing to lead our interns throughout the summer.
Mifos Summer of Code
This year we are bringing on four interns through our second Mifos Summer of Code program with a similar mix of project focuses. We have two additional interns, Pronay Sarker and Jilakara Rivanth Kumar, that will both be working on the migration of the Mifos X Field Officer App to Kotlin Multiplatform. On both the AI as well as loan decisioning front, Priyanshu Tiwari will be refining our bank statement analysis module and rounding out our Mifos Gazelle projects, Joshua Nsereko is focusing his efforts on reducing the resource consumption of Mifos Gazelle so it can be deployed in even lower resource environments.
Please join us at two upcoming Town Hall Meetings where will be formally introducing all our interns. We will have one on Friday June 27 at 1530 GMT via Zoom to introduce our AI, Gazelle and Platform Integration interns and a second Town Hall on Friday July 4 at 1530 GMT via Zoom to introduce our mobile and web app interns where we will formally introduce all our interns.
Mifos Mobile Apps
Saksham Gupta
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Sk Nyaji Ali
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Hekmatullah Amin
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Web & Front-End
Gopi Kishan
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Craig Rosario
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AI & Machine Learning
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Aru Sharma
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Keshav Arora
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Mifos Gazelle
Devarsh Shah
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Yash Sharma
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Mifos X Platform, Security & DevOps
Hossam Hatem
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Abhinav Cilanki
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Yu Waty Nyi
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Norbline Azah
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Code for GovTech Interns
Biplab Dutta
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Pranav Deshmukh
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Rishav Jain
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Shubham Pal
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Vickey Kumar
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Nagarjuna Bunda
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Mifos Summer of Code Interns
Joshua Nsereko
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Priyanshu Tiwari
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Pronay Sarker
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Jilakara Rivanth Kumar
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Star Contributor of the Month – Felix Van Hove
We are pleased to recognize Felix Van Hove as the Mifos Star Contributor in this June 2025 edition of Star Contributor of the Month. Felix has been one of our most impactful volunteers to date as as in the short timespan that he’s been a part of the community since February he’s helped to reinvigorate development around the web app. Along with Pushpendra and others, he’s been able to mobilize our mentors and contributors around a cohesive development process and roadmap for the web app. The discipline, rigor, structure, and ongoing momentum that Felix has brought came at a critical time, helping us smoothly attract and onboard a solid cohort of front-end development interns that are now contributing and being mentored by Felix and the community through Google Summer of Code, Code for GovTech, and Mifos Summer of Code. He has also solidified the bonds across the community by getting a regularly scheduled meeting going and having all the developers get to personally know each other. Join us in recognizing Felix for his contributions thus far as his attention to detail and the passion and fervor he’s brought to the project has been unmatched. We’re looking forward to getting the web app upgraded to the latest stable verison of Angular and everything else we have in store as part of the evolving roadmap.
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Mifos attends Inaugural Caribbean DPI Summit in Jamaica
A look back and reflection on the Caribbean Digital Public Infrastructure Summit at Mona School of Business and Management, Kingston, Jamaica. 8-10 April 2025.
Mifos was delighted to be invited to participate in the Digital Public Infrastructure (DPI) summit in Kingston, Jamaica earlier this month. Our sincere appreciation goes out to the organizers of the summit, Matthew McNaughton & Aura Cifuentes of Co-Develop, for giving Victor Romero and Ed Cable the chance to attend including Ed Cable participation on the panel, Scaling Open-Source Solutions for Public Service Delivery, and Victor Romero during a workshop on Social Protection.
This inaugural Caribbean DPI Summit held at The University of the West Indies, Mona captured the essence of the first global DPI summit in Cairo but distilled it down into an immersive and intensive intimate experience where we could see firsthand the growing momentum there is across the region yet appreciate the unique challenges and constraints that come with building DPI for small-island nations. It helped to raise both the challenges and opportunities that present themselves at each stage of the implementation life cycle of DPI – Conception and Scoping, Strategy and Design, Development, Deployment, and ongoing Operations and Maintenance.
This event brought together innovators, policymakers, academics, NGOs and advocates to explore how the Caribbean region could harness the power of digital commons to foster economic resilience and social well-being.
In this article Ed Cable and Victor Romero look back over the event and the insights they gained from their perspectives from their relative roles in the Mifos DPI Ecosystem.
FINABIEN wins Future of Government Award for Open Source Re-Use
FINABIEN wins Future of Government Award for Open Source Re-Use of Mifos X for Créditos para El Bienestar
FINABIEN was recently selected as the winner of the prestigious 2025 Future of Government Award for Open Source Reuse of Mifos X for its Créditos para el Bienestar program providing fully digitized loans to the most vulnerable MSMEs throughout all of Mexico.
We’re honored it received this distinction amidst other powerful solutions that were shortlisted as highly commended for the award including the VENEEM Burkina Faso project for its use of OpenCRVS, deployment and integration of Mojaloop for inclusive payment system across Africa led by ThitsaWorks Pte Ltd and the SpeedyMesh solution built on top of the Digital One Health Platform
Mifos had the pleasure of nominating the pioneering team at FINABIEN which powered it’s innovative last-mile lending program on top of Mifos X with the support of Infotec and local Mifos Partner Fintecheando. Thank you to Public Digital, AWS, and UNDP and the selection committee for this well-deserved recognition that showcases how core banking and loan management can be a powerful DPI uniting the public and private sector to disseminate support to individuals and MSMEs.
Since integrating Mifos X, Mexico’s Créditos para el Bienestar (‘Credits for wellbeing’) program has been able to make a fully digitised, self-service lending process available to the poorest, unbanked people in Mexico.
The biggest blockers to the Mexican government administering aid to vulnerable groups through loans has been the lack of systems and distribution channels available. However, the reuse and adaptation of Mifos X has provided a robust system that has increased visibility and reduced corruption.
Its easy integration and customisation has ensured quick delivery in line with Mexico’s policies for security, accountability and traceability.
Open source reuse is when a creation that was designed, built, written and then shared by one team, is reconfigured or adapted by another team so it can be used in a different context. We want to celebrate those in the public sector who are building on shared knowledge because working in this way leads to less duplication of time, effort and money, and allows quicker delivery and impact.
Definition of Open Source Re-Use Category
Benefits of Open Source Reuse
By re-using and adapting a proven open source core banking solution like Mifos X, FINABIEN was able to achieve the following benefits including scalability to support millions of loans, lower costs, reduced corruption ensuring aid to recipients, improved speed & quality of service to beneficiaries, agile aid in times of disaster, and a re-usable lending platform for other agencies.
- Fully Digitized Lending Process – FINABIEN was able to focus on building a digitized self-service lending process on top of Mifos X with a paperless online application with loans disbursed onto the FINABIEN card or at one of the 1700+ branches all fully connected with a an electronic loan folder.
- Scale & Rapid Deployment: Given Mifos X is battle-tested by governments, banks & fintechs worldwide, the government could rapidly implement its feature set, deploy at scale & maintain the system in production 24×7 for 1.8 million existing active loans & 135,822 new loans.
- Reduced Cost – Mifos’ virtuous cycle of upstream development across its global community enabled the government to deliver the solution quickly for the needs of the people and aligned with policies for security, accountability & traceability. Thousands of development hours saved & reduced licensing cost enabled investment for tech and knowledge for societal benefits including educational programs for careers for OSS software developers.
- Sovereignty of the Solution – Re-using OSS also enabled sovereignty of the solution as it’s hosted within the Mexican federal government’s own data center.
Loan Management & Core Banking as DPI
Mexico is unique in that the government can directly administer aid via loans to vulnerable populations without commercial banks as intermediaries. Key barriers prohibiting governments from doing this have typically been a lack of systems & distribution channels and corruption. Re-using OSS addressed these by providing a robust system connecting the 1700+ branches, reducing corruption via the electronic loan account folder viewable across branches enabling this fully digitized self-service lending process with disbursement on the Finabien card and accessible via the FINABIEN app.
The ability to power multiple lending use cases for a variety of different departments and ministries has been evident in a number of different ways as lending has expanded beyond just the Tandas para el Bienestar program. The government has a robust loan management system to rapidly administer aid like Esperanza loans for Hurricane Otis & via innovative programs like its recent loan product offering for EV cars to speed up adoption of Electric Vehicles (EVs) for micromobility produced in Mexico.
Video of the Virtual Awards Ceremony
FINABIEN in the News
Revolutionising T&T’s Credit Unions with Cutting-Edge FinTech Solutions
Mifos is pleased to announce the signing of our Memorandum of Understanding (MoU) with Trinidad and Tobago International Financial Centre (TTIFC) to work together in delivering a transfomative Core Account Management Platform (CAMP) to the Cooperative Credit Union League of Trinidad and Tobago (CCULTT) to boost the efficiency and effectiveness of credit unions, which collectively serve over 700,000 members in Trinidad and Tobago
Port of Spain, January 22, 2025: The Cooperative Credit Union League of Trinidad and Tobago (CCULTT) kicked off 2025 with an ambitious initiative poised to reshape the business landscape and enhance the membership experience for credit unions across the country. During the opening ceremony of its 2025 Calendar of Events, CCULTT announced a strategic partnership with the Trinidad and Tobago International Financial Centre (TTIFC). This collaboration aims to integrate advanced digital core banking and payment systems through the TTIFC’s relationship with The Mifos Initiative.
This transformative programme will introduce a Core Account Management Platform (CAMP) designed to boost the efficiency and effectiveness of credit unions, which collectively serve over 700,000 members in Trinidad and Tobago. As the credit union sector grapples with rising competition, economic shifts, an ageing membership, and evolving member needs, there is a pressing necessity to modernise service delivery and expand accessibility. This move sets out to overhaul antiquated payment and account management systems, providing members with seamless digital payment capabilities accessible from anywhere.
Joseph Remy, President of CCULTT, expressed enthusiasm for the partnership: “We are delighted to strengthen our collaboration with the TTIFC and to tap into the wealth of expertise they have made available to the credit union movement through their partnership with The Mifos Initiative. Our members expect us to take the necessary steps to modernise credit union operations and member experience. This relationship and future projects will enable credit unions to offer a higher level of service while contributing to our sustainability.”
Two pivotal strategic partnerships underpin this transformation in the credit union sector. The first is TTIFC’s collaboration with The Mifos Initiative, a global leader in open-source technology and financial inclusion. In December 2024, TTIFC entered a Memorandum of Understanding (MoU) with Mifos, known for its extensive experience and successful track record in advancing financial inclusion worldwide, with a client base of over 65 million.
This partnership seeks to foster seamless interactions and boost economic engagement by integrating local financial systems into a unified ecosystem. Additionally, the incorporation of Mifos’ MACH architecture (Microservices, API-first, Cloud-native, and Headless), the partnership aims to provide a scalable and standardised core banking platform, improving compatibility, reducing costs, and enhancing interoperability across financial institutions.
Edward Cable, President and CEO of The Mifos Initiative, hailed the collaboration, stating, “Our shared commitment to democratising financial services will unlock opportunities for millions, fostering financial resilience and sustainable growth. This partnership enables us to enhance the financial technology infrastructure in Caribbean nations like Trinidad and Tobago, driving significant advancements within their communities. We are honored to work with The League to help advance the financial health of all its members.”
Through the application of Mifos’ open-source infrastructure, TTIFC anticipates enhancing access to financial solutions while attracting foreign investment for widespread deployment. This cooperation will also encourage engagement with regional financial institutions, technology providers, and community stakeholders to ensure solutions align with international standards for interoperability and accessibility. Mifos plans to leverage its expertise to uphold best practices in core banking and digital payments, while promoting the integration of digital public goods to increase societal impact.
CCULTT and TTIFC formalised their commitment by signing an MoU during the January opening ceremony at the Radisson Hotel. TTIFC will offer technical support and advisory services to CCULTT as it works towards establishing a unified FinTech core for its member credit unions. In addition to providing training for credit union staff and capacity-building programmes on using the CAMP and other pertinent technologies, this initiative promises to drive a significant shift in the delivery of financial services, ensuring a more inclusive and accessible future for Trinidad and Tobago’s credit unions.
In a statement at the opening ceremony, TTIFC’s CEO, John Outridge said: “We at the TTIFC are very proud to have realised these partnerships, as we believe they have the potential to profoundly impact the credit union movement, which has served as a symbol of financial access since the 1940s. It is crucial that we support this sector in maintaining its legacy, especially as we aim to create more options for providing quality and affordable financial services to the 25% of the population in Trinidad and Tobago that is currently financially excluded. This statistic needs to change, and I believe that this initiative to enhance the adoption of FinTech within the credit union system will be very effective.”
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About The Mifos Initiative
The Mifos Initiative is a global 501(c)3 fintech non-profit leveraging the cloud, mobile & open source community to democratize financial services worldwide and digitally transform the world’s 3 billion poor and underbanked. Its mission is to scale the development and impact of inclusive fintech through an open source community and ecosystem that builds and maintains its digital public goods for core banking and payment orchestration. Mifos has pioneered open source core banking technology for the past fifteen years, transforming the entire sector at each major stage of evolution from microfinance to financial inclusion to digital financial services, and now embedded finance. More than 65 million clients are reached by 500+ financial institutions across 70 countries using solutions powered by its APIs.
About the Trinidad and Tobago International Financial Centre (TTIFC)
The TTIFC is at the forefront of financial services innovation in Trinidad and Tobago. We are committed to connecting our stakeholders and fellow citizens to a wider range of payment options and financial services. We work with the government, industry partners, associations, and underserved communities to promote digital financial services and literacy to establish a thriving financial landscape in which everyone can benefit from the power of FinTech and formal financial services.
Mifos and INFOTEC Renew Joint Scientific and Technological Cooperation Agreement
Mifos is pleased to announce the renewal of the ongoing collaboration we’ve had with INFOTEC since the start of January 2021. Collectively with INFOTEC and the support of our local Mifos partner, Fintecheando, we have been able to make significant progress in the development and adoption of digital public infrastructure to deliver financial inclusion at scale to the underbanked across Mexico.
For INFOTEC and Mifos, the development of innovative solutions that accelerate and enable the financial inclusion of the most vulnerable people constitute fundamental elements of their mission and vision that coincide in the application of public policies aligned with the benefit of Mexican society as a whole.
The collaboration between both Institutions has allowed the Digital Transformation of Development Banking Institutions in Mexico through the training of Mexican talent in the development and adaptation of open source financial software that allows it to adapt to the reality of Public Institutions and the Beneficiaries of social programs.
The understanding and application of open source software technology in Financial Inclusion, entrepreneurship, research and resolution of national problems have been fundamental pillars in the transfer of knowledge through the scientific and technological cooperation agreement between INFOTEC and Mifos.
Recently, The Mifos logo has been unveiled on the Infotec Collaborators Wall of the Infotec Headquarters in Mexico City, in which it visually recognizes the Institutions that have allowed us to achieve the established objectives that have been resolved with high ethical values and through the application of specialized knowledge by national and foreign professionals.
With great expectations for the future, INFOTEC remains committed to promoting the development of information technologies in Mexico. Through the adoption of emerging technologies, it seeks to position the country as a leader in innovation, while continuing to promote financial inclusion and economic and social mobility of the Mexican population through the collaboration agreement with Mifos, which has been recognized as a strategic collaborator to continue complying with the orders of the Mexican Federal Government.
2024 Summer Intern Wrap-Up
This year we had one of our busiest summer intern programs to date with eleven Google Summer of Code interns and six Code for GovTech interns. A gigantic thank you to all our mentors and sincere congratulations to all our interns for the contributions you made this summer. We look forward to a long fruitful continued journey as mentors, maintainers, and commiters across our Mifos and Fineract communities!
Our full post and reflection post will be live soon but in the meantime watch the recordings of all our final showcases on YouTube.
We’ve also separated out other smaller playlists too:
- Full Playlist
- Google Summer of Code – Web | Mobile | AI
- Code for GovTech
