Edward Cable

Announcing Mifos X 16.01: Loan Rescheduling, Loan Loss Provisioning, Floating Interest Rates, Variable Installments & Self-Service APIs

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We’re delighted to formally announce the new functionality that’s been made available in Mifos X over the past several release cycles culminating in the Mifos 16.01 release shipped on January 12, 2016. We’ve added major new features which expand the breadth of our loan product offerings, improve risk management and monitoring of your portfolio, and enable your clients to take control of their financial services through self-service channels.

Read on below for a glimpse into the major new features including:

  • Loan Rescheduling
  • Loan Loss Provisioning
  • Floating interest rate loans
  • Variable Installment Loans
  • Self-Service APIs
  • OAuth/HTTPs toggling

In case you missed our 2016 Roadmap Webinar, check it out to learn more about what’s scheduled for development in 2016. For few details on the all the bugs and enhancements from this and the 15.12 releases, view the release notes.

Many thanks go out to all the contributors who made this release possible – especially our core team, partners like Musoni Services, as well as a number of new features that were worked on by volunteers in the community.
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