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MifosX

A software solution designed for interest-free cooperatives and self-help groups, inspired by Grameen Bank’s globally acclaimed microfinance model

MifosX Overview:

MifosX is a platform for delivering the complete range of financial services needed for an effective financial inclusion solution. MifosX is the industry’s only open platform for financial inclusion. It provides affordable, adaptable, and accessible solutions for any segment of the market. New and small financial institutions can easily start with the community app in a hosted environment, and medium and large institutions evolving into full-service providers of financial inclusion can use partner services to configure a MifosX solution. It is widely used by Microfinance Institutions, Non-Banking Financial Institutions, and Credit Institutions. MifosX is cloud-based and available on the web and mobile apps.

MifosX Advantages:

Used by Grameen Bank

Globally recognized robust software

2.8 million account holders on this platform

Cutting-edge technology – developers can build their own apps on the core platform

Modular architecture, highly customizable, and scalable

Deployable on any platform – cloud or on-premise, online/offline, mobile or PC

Client data management, loan and savings portfolio, integrated real-time accounting, social and financial reporting

Award-winning – Best Java Technology for Open Source Community

Field Collector Mobile App:

The mobile application is natively built and is access-controlled. It includes features like global search for easier operations in a mobile application. Operations performed on the app are stored along with the person who performs the operation for easier tracking.

Silent Features:

  • Data privacy
  • Offline sync
  • Intuitive user
  • interface
  • Secure over HTTP
  • Less memory and processor intensive
  • Member/Client Mobile App:

    This mobile application helps members/clients monitor their loan, savings, or share accounts and track all transactions.

    Silent Features:

  • Data privacy
  • Loan Application
  • Loan repayment
  • Member to member money transfer
  • Transaction history