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Results of the First Mifos Summit Hackathon

If you haven’t seen it, check out the blog of Michael Vorburger for a recap of the day-long hackathon, he and Markus Geiss facilitated at the tail-end of our Global Summit back in March. Decked out in their new Mifos hoodies, our coding Ninjas led a productive day of development on the platform, the community app, and our Android app. They hacked out some solutions to needs that came up during the summit and were able to train and bring up to speed some of the newest developers within the Mifos community.

 

 

How the Silk Road turns into a path to meet Friends

Contributing the first post in our summit wrap-up blog series is Markus Geiss, who attended his first Mifos Summit, and will soon be joining the team full time as Chief Architect. Read on to hear Markus’ tale of his time in Sharjah.

On Monday March 9th I boarded the plane to fly to Sharjah and meet with the Mifos Community at our annual summit. I was all alone and didn’t know what to expect. As I left Sharjah on Friday March 13th my heart was filled with impressions and new friends.  What happened?

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It all started immediately upon my arrival in Sharjah. I met the Conflux Gang right at the airport. As we reached the hotel a crowd of people from all over the world already awaited us and gave us a hearty and warm welcome. During the course of the following three days it simply felt like meeting good old friends who we have not seen for a while. Read more

Announcing Mifos X 1.26: Improved Guarantor Management, Teller Cash Management, Configurable Account Prefixes and more

Just in time for the new year, we shipped the latest release, Mifos X 1.26.0, on December 23 which provides a range of new functionalities across our suite of lending and savings products as well as a number of usability enhancements and bug fixes. Major new features include support for capturing guarantee requirements for loans and blocking/holding funds on guarantor accounts, a beta version of our teller cash management module, new statuses for client life cycle, the ability to map liability accounts to fees, ability to update deposit amounts for active recurring deposits, support for capture client images from a linked webcam, and functionality to configure account prefixes on client, loan and savings accounts. With the range of bug fixes and UI enhancements, there are more than 75 tickets fixed in this release. Download Mifos X 1.26 now or request a trial instance to try it out for your organization. Read more

GSOC Reunion – Interns’ First Trip To Silicon Valley!

In this guest blog post, we’re delighted to have Ishan and Gaurav give a firsthand experience of their travels to the Silicon Valley for the first time to represent the Mifos Initiative as GSOC celebrated ten successful years at its Reunion. Ishan and Gaurav were awesome interns and have continued their stellar contributions in the community since GSOC – this experience was a small reward for their accomplishments. Read on for the recap and check out Gaurav and Ishan’s blog for more of their personal experiences and photos. 

fb-hqFirst off we’d like to thank Edward Cable, Community Manager @ Mifos Initiative, and all our mentors (Vishwas, Nayan, Markus, Sander, Michael, Kojo) for allowing both me and Gaurav Saini to be a part of this 10 year GSOC Reunion in San Jose, California. A dream that we lived through experiencing all the highs that you could get without the use of illegal stuffs 😀 Yeah the food, the weather, the people and the headquarters of the Big Who’s Who in the IT world.

I had travelled on the East Coast (NYC, Washington DC, Alexandria, Jersey City) of the USA for a week before we landed on the West Coast (San Francisco.) Gaurav and I planned to tour the Silicon Valley for three days before the summit. We reached SFO on 20th October, 2014. Playing smar,t we rented out beds in a house in Millbrae, CA that was just 10 minutes away from SFO using AirBnb. It was a hacker house, where we met a few entrepreneurs, a designer, a developer, a director and a teacher too. We immediately realised we were in a good company. I’ll be sharing the pre-post summit experience on my personal blog, lets get to business and explore the GSOC reunion. Read more

Google Code-In – A Whirlwind Week One

GCI-2014-b-squareWith just over a week of Google Code-In under our belts, and just about six weeks remaining, we want to collectively take a breath and thank all the students for their valuable contributions. The energy and enthusiasm of the pre-university students who’ve contributed to our cause has kept all our mentors on their feet, whipping up new tasks to keep these blossoming open source contributors busy. Looking back on this hectic week, we’ve all been impressed with the knowledge and experience of our students and the ease with which they’ve been making an impact. All in all we’ve already 80 tasks completed by 27 different students.

First off, in case you’re wondering what Google Code-In is: it’s a “contest for pre-university students (e.g., high school and secondary school students aged 13-17) with the goal of encouraging young people to participate in open source.” Students complete tasks and earn points and in turn prizes. Tasks introduce students to all the work that makes open source projects possible and can be anything an organization needs help with, from bug fixes, to writing code, to user experience research, to writing documentation. This video does a great job of explaining the program which is now in it’s fifth year.

We are proud to be participating as a mentoring organization for GCI for the first time. As the world aims to bring computer science to millions of students this week through the Hour of Code led by Code.org, students and teachers this a great way to begin coding. Read more

Announcing Mifos X 1.25: WebHooks, Accrual Accounting, Declining Balance with Interest Recalculation

The core team and community have been hard at work at continuing to broaden the functionality of Mifos X and make the platform more extensible for our ecosystem of partners. This release delivers on some must-have financial and accounting features with support for perodic accrual accounting with point-in-time accruals, true declining balance with interest recalculation with support for configurable rest periods and compounding settings, the ability to pre-pay loans, bulk JLG loan applications, and a whole range of usability enhancements.  On the architectural side, we’ve built out a WebHooks framework with a proof-of-concept Twilio SMS integration, shipped our Batch APIs for improved performance, and an Executable WAR for quick installation of Mifos X. Download Mifos X 1.25 now or request a trial instance to try it out for your organization. Read more

2014 Google Summer of Code Wrapup – Bigger and Better than Ever

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.

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Mifos OSCON Recap

oscon2014_logoIt’s become an annual tradition for our Mifos team to gather in Portland for a week of reaching out to new contributors and immersing ourselves in the latest in open source technology and communities at OSCON. This year we had a busy week with the Community Leadership Summit, our quarterly Mifos Initiative board meeting, an exhibition booth in the non-profit pavilion and a speaking slot on the Business and Javascript tracks at OSCON.

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.

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Ishan’s GSOC’14 Experience with Mifos

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]

 

androidThis 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

GSoC ’14: A mid-term experience

Working with strangers spread all over the world can be a double-edged sword. You’ll face the “Time Zone Pain”, barriers in communication, and cultural pitfalls. On the other hand you’ll meet like minded geeks that share the same passion, coding for good – making the world a better place.

The Mifos community offered me the possibility to mentor a project for this years Google Summer of Code. It took me one light-second to agree. I love to share my experience and knowledge with others and I was lucky to find my counterpart with Rishabh. He is a 3rd year undergraduate student from Jammu in India.

During the last 6 weeks he is like a sponge absorbing everything, advancing his knowledge on a daily basis and increasing his coding skills like I never expected. We communicate at least once a day and we start to become friends. We not only talk about our project, we talk about our families, circumstances in life and even our plans for the weekend. Read more