The Grameen Foundation, a US-based nonprofit organization, recently announced the official launch of “Mifos.com,” a website that it will use to promote Mifos, its free, open-source microfinance institution (MFI) management software package. Available for viewing on the website will be value propositions, product specifications, recent reviews and endorsements, news and an analysis on the return on investments for customers.
Mifos is reportedly used by microfinance institutions (MFIs) in the Americas, Asia, the Middle East, North Africa and Sub-Saharan Africa to serve approximately 800,000 clients.
By Julia Korn, Research Associate
About The Grameen Foundation:
The Grameen Foundation, based in Washington, DC, claims to help microfinance institutions (MFIs) throughout the world replicate the microfinance model of the Grameen Bank. It provides financial, technological and managerial support for local organizations and intends to provide new business opportunities and telecommunication services to the rural poor. The Grameen Foundation works with MFIs in about 37 countries worldwide. Though the Grameen Foundation is independent of the Grameen Bank, Muhammad Yunus, the founder of the Grameen Bank, serves on the foundation’s Board of Directors.
Sources and Additional Resources:
[1] Grameen Foundation. “Grameen Foundation Launches Mifos.com” on August 18, 2010. http://www.grameenfoundation.org/press-releases/grameen-foundation-launches-mifoscom
MicroCapital. “MICROCAPITAL BRIEF: ThoughtWorks to Provide Software Services in Support of The Grameen Foundation’s Mifos Microfinance Technology Platform” by Julia Korn on July 29, 2010. https://www.microcapital.org/microcapital-brief-thoughtworks-to-provide-software-services-in-support-of-the-grameen-foundation%E2%80%99s-mifos-microfinance-technology-platform/
MicroCapital. “MICROCAPITAL STORY: Mifos, a Freely Available Open-source Management Information System for Microfinance Institutions” by Steven Craig on November 16, 2007. https://www.microcapital.org/microcapital-story-mifos-a-freely-available-open-source-management-information-system-for-microfinance-institutions/
MicroCapital. “MICROCAPITAL BRIEF: Grameen Foundation Releases Version 1.4 of Mifos Open Source Microfinance Institution Management Software” by Jay Kumar on January 25, 2010. https://www.microcapital.org/microcapital-brief-grameen-foundation-releases-version-14-of-mifos-open-source-microfinance-institution-management-software/
MicroCapital Universe. The Grameen Foundation. https://www.microcapital.org/microfinanceuniverse/tiki-index.php?page=Grameen+Foundation
Browse the MicroCapital Universe and add your entry to the wiki at https://www.microcapital.org/microfinanceuniverse/
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