Edward Cable

Mifos at the Microcredit Summit for the First Time

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Mifos Initiative is honored to be a part of the 18th Microcredit Summit in Abu Dhabi. With its theme of Frontier Innovations for Financial Inclusion, it was the perfect time for us to attend and tell the world our story and journey of transformation since we emerged from the Grameen Foundation. We have been a technology pioneer for microfinance, then financial inclusion, and how will the lead way for Financial Inclusion 2.0.

This is personally my first time at a Microcredit Summit event and of course the venue, the Etihad Towers at Jumeirah is impressive but the buzz and energy of 1000 delegates from 60 different countries is indescribable. Read more

Edward Cable

Mifos Tech Days 2016 Is Kicking Off

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Our technical community has come together for several days of innovation, insight, and collaboration into the next generation of the Mifos technology. It might be cold outside in Amsterdam, but inside it’s warm and energetic as ideas come to life as the brilliant talents and passions in our community unite. Once again it’s great to see many familiar faces from our community along with new innovators that are looking to build impactful solutions on our platform.

As the first gathering of our developers as the Fineract community, we’re eager to introduce the third generation of our Mifos software and catalyze our first partners and contributors in building on it and bringing it to market. We’ll be recording all the sessions from TechDays so stay tuned as we share updates from the event.

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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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