iMifosX has been built upon MifosX, Grameen Bank’s globally acclaimed Microfinance Software

iMifosX adds the following features to MifosX
  • Dynamic Service charge calculation for Interest Free and Islamic Microfinance​ Institutions
  • Expense based Performance Assessment of MFIs
  • Asset and Human Resource Management

MifosX is a platform for delivering the complete range of financial services needed for an effective financial inclusion solution. Mifos X 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, medium and large institutions that are evolving into full-service providers of financial inclusion can use partner services to configure a Mifos X solution. It is widely used by Microfinance Institutions, Non-Banking Financial Institutions, Credit Institutions. Mifos X is the cloud-based platform, which is available on the web as well as a mobile app.

MifosX Advantages

​• Used by Grameen Bank
• Globally recognized robust software
• 2.8 million Account Holders on this platform
• Cutting edge technology – On the core platform, developers can build their own apps as per their needs
• Modular Architecture, Highly customizable and scalable
• Deployable in any platform – Cloud or on-premise, online/offline, on a 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

MifosX Features

​• Rapid product creation
• Multiple lending methodologies
• Full range of deposit products
• Charges, fees and penalties
• Responsible client management
• Robust accounting
• Business rules, workflow & risk management
• Social and business insight – reports
• Security – Authorization: Customizable by job and by user