Here at the Mifos Initiative we are going to begin posting a rundown of the most pressing topics and trends in fintech for financial inclusion providing you a place to follow the latest news and a forum to openly discuss what’s happening with other members of our open source community. This is the first article of this campaign. Expect to see these on our blog on a bi-weekly basis.
Typically we’ll post snippets from several announcements or articles on a topic but this week, we’re lucky enough to have one of our partners, Habile Technologies, share a post from their blog on Mobility in Lending:
Mobile phones are completely changing the lending sector. Mobility is unlocking the full potential of the lending process. The overall TAT (turnaround time) of the loan process can be significantly reduced with the emergence of these new technologies. Mobility is improving the efficiency, transparency, and user experience of the loan process. A once cluttered and confusing cycle can be simplified to a smooth and productive process. Learn how mobility is granting access to financial services to individuals coming from underdeveloped countries who once lacked the proper tools to be reach their true potential.
Read “How Mobility is transforming the Lending Sector” written beautifully by Shivasankari Bhuvaneswaran. Shivasankari comes from our partner organization, Habile Technologies. Habile Technologies, based out of Chennai, India, has proven to be very active in the Mifos community. We like to feature their post as they join us in the fight for financial inclusion. Read the entire post here!
Learn more about Habile Technologies by visiting their website at www.habiletechnologies.com. They’re always posting insightful information on financial inclusion and fintech.