Ollie Janders

Remixing Microfinance with the Client at the Center

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From the onset, a fundamental part of our product vision for Mifos X has been to be a flexible platform agnostic of any one microfinance methodology. During the Mifos Summit (more takeaways to come in a future post), a key finding that emerged was the centrality of the relationship with the client in both the data model and the platform architecture.  Regardless of whatever methodology supported, relationships can be defined between the client and whatever account, entity, or structure you would like.

Gripped by a comment made by Rupal Patel on the importance of client data during our Setting the Mifos X vision, Craig came up with a quick sketch that is a good first pass at our vision for Mifos X.  Client Data is at the center and the various flows of money or information that are coming in and out of the platform are clearly visualized.

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Gleb

Remixing Microfinance – Reflecting on our Vision

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This past week there was a virtual conference led by CGAP and Microsave on Client Insights as well as blog post from Ignacio Mas on remixing microfinance. Both these topics on focusin on client data and looking at way to create hybrid models of delivering financial services were a good follow-on to our vision session at the Mifos Summit.  It got me reflecting on our product vision that was beginning to emerge at the summit. Technology often constrains what an MFI should do rather than enable it. We aim to make Mifos X a flexible platform that puts no limits on how an MFI can design and deliver their financial services.

To learn more about product vision, read the full blog post.

Ollie Janders

Announcing the Esha K Release

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Development is underway on the final major functional release on the Mifos 2.0 codebase. Since this will be the last feature development before before we transition development over to Mifos X, we wanted this to be a big release that closes many existing gaps. This is definitely the case as we’re tackling a number of areas across the product.

Esha – Our Inspirational Marie

This last major release is code-named Esha K in recognition of Esha Omar Athman, a borrower  at Fursa Leo in Mombasa, Kenya.  Esha has been a client at Fursa Leo since July 26, 2011.  In that time, she has taken out 3 business loans and has significantly expanded her business enabling her to uplift the living standards of her family through a new home, better meal, and sending her son to school.

Esha came to Fursa Leo, eight months pregnant seeking start-up capital for her failing ice cube business while her husband struggled to help them pay their bill and provide for their family.  Through Fursa Leo’s mandatory financial literacy program and graduation through three larger loan cycles, Esha has brought her humble ice cube business from failure to prosperity.

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Gleb

Announcing the Esha K Release

/in /by

Development is underway on the final major functional release on the Mifos 2.0 codebase. Since this will be the last feature development before before we transition development over to Mifos X, we wanted this to be a big release that closes many existing gaps. This is definitely the case as we’re tackling a number of areas across the product.

Read more