It’s been just over a month since the 2014 Google Summer of Code program has officially concluded so now that things have settled down it’s due time to recognize our fantastic students, their dedicated mentors, and their long-lasting contributions they have made to the community. Each of our students excelled in their projects and have cemented themselves as anchors in the community, eager to contribute more code and continuing as they’ve done this summer. A huge thank you to Google for allowing us to be a part of GSOC – Carol, Cat, and company have done a remarkable job with the program in its tenth year.
We are proud to take the stage as a bronze sponsor at FinDEVr San Francisco this week. Billed as the First Event for Fintech Developers, we’re eager to showcase our game-changing Mifos X platform to the world’s leading players in the fintech space like MasterCard, Visa, and Paypal. Organized by the Finovate Group, “for the first time, FinDEVr will gather together hundreds of the builders – devs, software architects, CTOs, VPs of engineering – that are forging the future of financial, banking and payments technology in a single place.”
We are excited to open their eyes, likely for the first time as well, to the massive opportunity there is to bring financial service to the 2.5 Billlion Unbanked at the Base of the Pyramid. James Dailey will be on the main stage on Day 1 to give a talk introducing our Mifos X platform, and the innovative new business models that our a modern componentized API-driven architecture enables. As the world’s one true open platform for financial inclusion, we give innovators the power to build mobile and cloud-based solutions that scale and respond directly to the rapidly evolving needs of clients worldwide.
Video from Vishwas’ talk on AngularJS at the 2014 OSCON in Portland has now been uploaded. For more on Vishwas’ talk and our booth educating the open source world on technology for financial inclusion, see our OSCON blog post.
I am honored and excited to join the Mifos team as the Director of Strategic Initiatives. The primary charge of this position is to assist the Mifos Community to deliver on its mission to speed the elimination of poverty by coordinating a global community that uses Mifos X to deliver responsible financial services to the world’s 2.5 billion poor and unbanked. To help achieve this mission, I will reach out to the global financial co-operatives for support, will coordinate the efforts of end user documentation and will coordinate the volunteer efforts of non-technical volunteers.
We’re excited to be hosting our third annual summit and coming to Africa for the first time. Raj Jain and the team at Yako Microfinance will welcome us to Kampala, Uganda for our annual gathering to unite our community across the world who are using, supporting, and building the Mifos X platform to advance technology-enabled financial inclusion. Once again our summit will be four days long from October 14 to October 17.
Apart from the opportunity to network and connect with fellow community members, this year will have an even larger focus on hands-on training for partners and users, collaborative tech sessions for contributors, & educational sessions led by external experts from the fin-tech & financial inclusion sector.
As we look to stimulate and grow our East African community, one entire day of the summit will be focused on building awareness of Mifos X for the local East Africa region including an Expo Hall for our partners to showcase their solutions to local and regional financial institutions.
Would you like to help change the world? Did you know that you can volunteer your time to help build technology that has the potential to lift billions from poverty?
At the Mifos Initiative, we guide the development of Mifos X, an open-source cloud-based platform for delivering financial services to the poor. We use open source technology and the power of community to scale financial inclusion worldwide to achieve our shared vision of creating a world of 3 Billion Maries, a world where each individual has access to the financial services to create a better life for themself and their family. We connect the on-the-ground organizations serving the base of the pyramid with open source contributors building applications on top of the platform to enable financial inclusion to the poor.
Once again throughout the hallways and in our conference booth, our initiative was very well-received. In general, the sector is familiar with microfinance and their curiosity is piqued when they discover our initiative, an open source platform for delivering financial services to the poor. This year I noted a larger presence of financial services people more heavily involved in open source, including regulators, payments providers, and those involved in alternative currencies like Bitcoin. We are interested in bringing to bear their skills in both open source technology and financial services.
We’re right in the middle of OSCON and having a blast, meeting some incredibly motivated and talented individuals. After the conference, we’re looking to turn them into great volunteers for our community.
We have one more day at our booth in the Expo Hall tomorrow and have Vishwas Babu’s talk, Bringing Banking to the Poor with the Help of AngularJS at 11:30am, Wednesday July 23, in room D137/D138
We are excited for Vishwas to take the stage at OSCON and for others in the open source community to see how strong a leader he is.
Story So Far
gsoc-aspirant@mifos: Finding Organisation….[Done]
gsoc-aspirant@mifos: Introduction to Developer Community….[Done]
gsoc-aspirant@mifos: Finding a Project….[Done]
gsoc-aspirant@mifos: Contributing – Iterating – Contributing…………………………………………….[Done]
gsoc-aspirant@mifos: Selected @ Mifos
ishan@mifos: Developing Android Client………………….[Working]
This is my first experience as an open source developer for an organisation and undoubtedly it’s been awesome so far. Working alongside experienced developers is always fun, for I love learning from others’ experiences.
Writing code that others can contribute to as well had always been a challenge, until I started with my android-client project. What can give nightmares to others is now a child’s play for me. A cool thing about Mifos is that I just don’t have one mentor, but anyone I ask for help behaves like a kind mentor to me. Always ready to help! Full of zeal and readiness to clear all your doubts! Read more
The 2014 Banana Skins report is out and although we’ve only just started to skim the report, the summarized findings once again point to the critical role of technology and the potential our platform has to address “future risks” facing the industry.
The Centre for the Study of Financial Innovation (CSFI), Citi Foundation, and CFI in their annual report on the risks and challenges facing the microfinance sector has pegged Strategy as one of the new areas of concern. Quoting the recap of the study, both internal and external stakeholders are concerned financial institutions aren’t looking forward enough and ready to respond to new forces/trends shaping the market: Read more