A Microfinance Mis

In: Business and Management

Submitted By Kyle5195
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Pages 2
A MICROFINANCE MIS
A Microfinance MIS
By: Kyle Cline
University of Phoenix
April 5, 2011
John Brooks
BIS/209

| |

Description of what the software offers.

The microfinance software also known as Mifos is a free of charge open source software for Microfinance Institutions this software was created by Grameen Foundation in connection with numerous IT companies. This software is incredibly flexible and can be modified when it comes to the requirements of the Microfinance Institutions. This is an open source and people that use this source can manufacture and adjust it to what they want as a requirement.

Identify the components of the Mifos database.

The Mifos system makes it so that a company can easily manage what is going on just by a few clicks of your mouse. By clicking on the clients tab you can easily look through clients and access all the data that you may need. You can see the loans each customer has out and when the next payment is due, if they have had any late payments or fees and manage the account completely. You do not have to just view the report from the Mifos system; you can also choose to print the report. You can add and edit information in the system in addition to viewing and printing the data. The Mifos system seems like it would be a great asset for any company and is an easy way to keep all of the data for the company organized and easily accessible.

Reference

Grameen Foundation. (2010). Mifos. Retrieved on April 5, 2011 from: http://mifos.org/
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A Microfinance MIS

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