Mifos Data Sheet by Grameen Foundation, Mifos Initiative

TECHNOLOGY THAT ACCELERATES MICROFINANCE...

MIFOS, AN OPEN TECHNOLOGY PLATFORM Mifos is a web‐based management information system (MIS) leveraging a centralized open source technology platform to provide MFIs real‐time information, flexible operations, and the robust capacity to scale upward and outward. Once connected to this open platform, you have access to widespread innovation, modern extensible technology, and a global support community enabling you to extend and maintain the platform to accelerate your growth and outreach.

Purpose‐built for Microfinance » Support for group meetings, training & attendance » Support for group and individual lending & savings » Define multiple rules, interest rates & payment types Unparalleled Ease‐of‐Use: » Familiar browser‐based interface & easy navigation » Wider adoption and greater user acceptance

Socially Driven Solution »Guided by Grameen Foundation »Driving scale, sustainability & impact »Cultivating regional IT ecosystem »Fostering grass‐roots innovation »Uniting industry on common platform »Global community dedicated to the poor

Streamlined Work Processing: » Exception‐based data entry, consistent workflow » Bulk collection sheet entry, loan creation/approval Flexible & Rapid Product Execution » Define/configure unlimited loan/savings products in UI » Configurable workflow ‐ automatic activity flow Robust Security Mechanisms & Fraud Prevention » Granular role‐based permissions & task assignments » Comprehensive audit trails capture all system changes

Web‐based MIS Web‐based MIS Centralized real‐time operational reporting Flexible to support your unique business requirements. Accessible via the Cloud. Anytime. Anywhere. Enabling Scale. Insight. Innovation.

Holistic Support Proven six‐stage implementation approach. Experts to optimize your processes with our technology. Technology ecosystem of local support resources. Comprehensive Approach ‐ People. Processes. Technology.

Holistic Support

OPEN CENTRALIZED PLATFORM

Global Open Source Community Modern evolving technology. Higher quality. Lower cost. Regional knowledge sharing of support & best practices. Global technology community extending the platform. No vendor lock‐in . Freedom to engage local resources. Community‐Driven Platform. Global Collaboration. Innovation that Scales. 2011 Grameen Foundation - All Rights Reserved

Global Community

Customer Spotlight ‐ Grameen Koota » Scale—Supporting 450,000 clients and fueling aggressive growth and social impact. » Efficiency ‐ Increased clients/branch from 1500 to 2800. Opening new branches 75% faster. » Flexibility ‐ Launched 5 new products ‐ decreased time to market from 3 months to 1 day » Control ‐ Greater data integrity and confidence in data with controls to fight internal fraud » Insight ‐ Consolidated performance reports and instant SMS updates from all 113 branches. “We’re convinced that we would not be able to open branches so quickly and double in size without a centralized solution like Mifos.” ‐ Naganand Kumar, IT Manager

Current Traction

More than 25 users serving 825,000 clients. 10 users in India including Grameen Koota, Adhikar, Nirantara, and ASOMI 12 users across all of Sub‐Saharan Africa including 8 users in East Africa and enda in Tunisia

Mifos Community Edition

Business Reporting and Social Performance Measurement Mifos Business Intelligence Suite: In‐Depth Access to your Data » » » »

Enterprise‐level business intelligence on Pentaho Real‐time access to data across all your branches Performance dashboards for quick monitoring & status 25 standard reports on a powerful data warehouse

Recognition 2009 Duke’s Choice Award Winner

Integrated Social Performance Measurement Grameen Foundation’s PPITM ‐ a simple survey & scorecard to monitor clients progress out of poverty is integrated into Mifos. Visit www.progressoutofpoverty.org to learn more.

Support & Professional Services » Proven Holistic Approach ‐comprehensive six stage approach to implement technology that aligns with your processes and is adopted by staff.

Best Java Technology for the Open Source Community

» Business Consulting ‐ experts to guide and plan your IT strategy, optimize staff and

» Local Technology Ecosystem ‐ engage with local IT providers to support your solution.

processes, and implement & support technology with measurable impact and results.

» Global Community ‐ Get support and share experiences with MFIs, IT providers, and

2010 CGAP Software Reviews 4‐star review for customer support and technology

developers around the world through our forums, mailing lists, and chat rooms.

Grameen Technology Center (Mifos) 2101 4th Ave, Suite 1550 Seattle, WA 98121 Tel: 1.206.325.6690