MoneymintMoneymint
    • ABOUT
    • BANK
    • CRYPTO
    • MONEY
    • TIPS
    • DISCLOSURE
      • DMCA
      • Terms and Conditions
      • Privacy Policy
    Subscribe
    MoneymintMoneymint
    Home»MICROFINANCE

    New Version of Mifos Open Source Microfinance Software released by Grameen Foundation

    By ADITYAUpdated:August 8, 2020
    grameen_foundation
    Share
    Facebook Twitter LinkedIn Pinterest Email

    New Version of Mifos Open Source Microfinance Software released by Grameen FoundationLatest Release of Open Source Software for Microfinance Includes Support for Spanish and Firefox 3.0 Browser and Interface for Banking Systems

    Grameen Foundation has announced the latest release of Mifos, its award-winning open-source software platform for microfinance.  Mifos 1.4 is the first version available in Spanish and also provides support for Firefox 3.0 and integration with banking and other systems.  This marks a significant step forward in extending an open platform that gives the entire microfinance industry cost-effective access to technology.

    New Advancements

    1. Multi-lingual Support

    The launch of the Spanish version of Mifos makes it more accessible throughout Latin America and the Caribbean, one of the most advanced and vibrant regions for microfinance. Bankers without Borders® volunteers from Bank of America Merrill Lynch and Catholic Relief Services translated the Mifos platform into Spanish; another volunteer translated Mifos into Hungarian, which is also included in this release.  Mifos is now available in four languages with translations into Arabic, Khmer Script, Indonesian, and Mandarin already underway.

    2. Mifos APIs

    Mifos now includes an application programming interface, (API) that enables users to import bank transactions through .xls or .csv file formats.  This feature was designed and built for Mifos customer, Al Majmoua, a microfinance institution based in Beirut, Lebanon. This paves the way for a plug-in architecture that supports the seamless flow of information between Mifos- and other systems, and external payment networks. For the next release, this API will be extended to integrate Mifos with the rapidly-growing mobile money platform, m-pesa in Kenya.

    3. Firefox 3.0 Support

    Mifos now fully supports Firefox, the open-source web browser developed and managed by Mozilla Corporation. This will allow microfinance institutions (MFIs) to lower their overall cost of technology investment.

    4. Scalability Support

    Members of Sungard Technology Services in Bangalore India and other volunteers provided enhancements to our collection sheet entry module that enable greater scalability and more robust transaction processing for hundreds of thousands of microfinance clients.  SunGard also helped build greater support for delivering microinsurance services by adding functionality that validates clients’ ages.

    To download Mifos, please visit www.mifos.org/product/download.

    grameen foundation microfinance banking software microfinance software mifos mifos 1.4 mifos api's opensource microfinance software sungard software
    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
    ADITYA

    Aditya is a talented content writer with a passion for crafting engaging and informative content that resonates with readers. With 10 years of experience in the industry, he has honed his writing skills to produce high-quality content across a wide range of topics.

    Keep Reading

    utkarsh-mfi

    Utkarsh Microfinance

    micro-crisil

    Top 50 Microfinance Institutions in India

    disha-microfinance

    Disha Microfinance

    incredible-india-23

    Ministry of Tourism’s Hunar Se Rozgar program successful

    milford-bateman_8293

    Milford Bateman on the Andhra Pradesh Microfinance Crisis in South India

    risk-microfinance

    Microfinance Risks – Operational Risk – Part 2

    Latest Articles
    Bhushan Kumar Net Worth, Income, Property
    March 18, 2023
    What do Public Utilities Jobs Pay? Full List of Jobs
    March 18, 2023
    Ulta Credit Card Payment Process
    March 17, 2023
    Best Weekend Side Jobs to Earn Extra Income
    March 17, 2023
    Sunil Shetty Net Worth, Hotels, Property
    March 16, 2023
    How many Jobs are available in Consumer Services? Full List
    March 16, 2023
    How to Find the History of a Property Online? Full Guide
    March 15, 2023
    A Comprehensive Govt ITI Courses List
    March 15, 2023
    Chiranjeevi Net Worth, Salary, House Price
    March 14, 2023
    20 Best Paying Jobs in Transportation with Salaries
    March 14, 2023

    Subscribe to Moneymint

    Every Sunday we email people like you with top tips, insights and opportunities to manage your finances and build your online business.

    The form collects name and email so that we can add you to our newsletter list for updates. Check out our privacy policy
    Please enter a valid email address
    That address is already in use
    The security code entered was incorrect
    Thanks for signing up
    Moneymint
    Moneymint is a personal finance website that offers a variety of resources and tools to help individuals earn money online, save money, and create passive income streams. The site aims to empower users to take control of their finances and achieve their financial goals.

    Moneymint™ | Corporate Park, D-21, Sector 21, Dwarka, Delhi 110077
    Categories
    • Bank
    • Business
    • Credit Cards
    • Crypto
    • Loan
    • Money
    • Net Worth
    DISCLAIMER

    The content on this site is for informational and educational purposes only and should not be construed as professional financial advice. Should you need such advice, consult a licensed financial or tax advisor. References to products, offers, and rates from third party sites often change. While we do our best to keep these updated, numbers stated on our site may differ from actual numbers. See our Privacy Policy & Disclaimer for more details.

    © 2023 Framed Media
    • About
    • Contact us
    • DMCA
    • Terms
    • Privacy Policy

    Type above and press Enter to search. Press Esc to cancel.