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General approach and philosophy
In general the plan is to focus on getting extra functionality and flexibility around the client, group and loan areas of mifos (which includes support for charges, fees and penalities).
To begin with, this is centered around clients and individual loans and then moving onto better support for groups and group loans.
This subset of functionality in portfolio management side is suitable for a number of MFIs that are presently using mifos.
After this, the focus will move towards savings functionality and better support for integrated savings and credit products and any other products used by MFIs such as insurance.
This subset of functionality in portfolio management will improve things for a number of MFIs using mifos and also attract other MFIs to use the software that previously did not.
Project Milestones
- July 2011 to September 2011: Prototype work on ad-hoc volunteer basis (1 developer)
see Loan lifecycle and date flexibility: see Mifos 2.2 versus MifosX - Loan lifecycle and date flexibility
see Loan schedule flexibility: see Mifos 2.2 versus MifosX - Loan repayment schedule flexibility
see bulk upload/data migration for clients, loans (and loan repayments): see Mifos 2.2 versus MifosX - Bulk upload - Jan 2012 to March 2012: Individual lending functionality (2 developers)
Worked in close collaboration with CreoCore to provide functionality related to individual lending as was required by them whilst maintaining the vision of an open API led platform for microfinance.
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