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An invaluable reference guide to understand the various products and services and policies and processes to effectively deliver financial inclusion is the New Microfinance Handbook published by CGAP. Download it here

Loan Products

Individual Lending - 

Group Lending - 

SME Lending - 

Client Management

Client Identification (KYC) 

Status
colourGreen
titleComplete
Mifos X fully supports KYC requirements, allowing you to store customer photos and signatures and upload a range of identity documents which can be searched and catalogued by their unique identifiers. Personal data is protected through strong KYC tools, layered account verification and the security built into the architecture of the platform itself. Fully compliant with any country’s Know Your Customer rules and regulations.

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Client Protection

Status
colourGreen
titleComplete
 - Personal data is protected through strong KYC tools, layered account verification and the security built into the architecture of the platform itself. Better protect and manage your clients with tools such as online photographs, online signatures, online identification documents, online document storage, and data tables.

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Unlimited Group Patrons

Status
colourGreen
titleComplete
 

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Open API For Easy Customization

Business Management

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Multi-Functional Institution Support

Status
colourGreen
titleComplete
 - Mifos X can be deployed for the use of a variety of financial institutions. The platform supports a broad range of entities or operational methodologies – Banks, Credit Unions, SACCOs, Cooperatives, Credit Societies, Microfinance Institutions, Savings Groups, Peer to Peer Lenders, and Asset Financers. No matter your means of operation, Mifos X is easily customizable to fit the needs of your financial institution.

Unlimited Individual Patrons (Members)

Status
colourGreen
titleComplete
 - We wanted Mifos X supports office hierarchy up to an unlimited depth of levels to support a single complex operation or multi-organization support structure. Customize user permissions by both position and individual. Restrict those from performing tasks they are not qualified for, and allow administrative access to higher ranking positionsto be scaleable to have the ability to support extremely large financial institutions. So, with Mifos X, there is no restriction on the number of accounts you can create. The user can configure unlimited savings, loans, and share accounts. Don’t let your business be restricted by an un-scaleable platform, instead, grow your business with Mifos X.

Branch Management

Status
colourGreen
titleComplete
 With Mifos X, the user can manage branch offices, groups, and banking centers with ease. The system is centrally administered such that new products and system-wide changes can be rolled out in real-time. The architecture of the Mifos X platform is fully multi-tenant such that one can achieve economies of scale by running off of one instance of the application with separate databases.

Center Management

Status
colourGreen
titleComplete
 Mifos X fully manages the group structure of an organization. The platform offers support for Center & Group Hierarchy with ability to track attendance, accounts, membership, and calendars at each level.Multi-Functional Institution Support StatuscolourGreentitleComplete - Mifos X can be deployed for the use of a variety of financial institutions. The platform supports a broad range of entities or operational methodologies – Banks, Credit Unions, SACCOs, Cooperatives, Credit Societies, Microfinance Institutions, Savings Groups, Peer to Peer Lenders, and Asset Financers. No matter your means of operation, Mifos X is easily customizable to fit the needs of your financial institution.

Entity Mapping

Status
colourGreen
titleComplete
 - Products are available to all offices or can be mapped to specific branches or offices via our entity mapping module. Mifos X supports Groups, Centers, Organizations in an unlimited hierarchy allowing for multiple organizations to run on one platform or multiple branches. Assign availability of loan products, savings products, and charges to specific offices and/or roles.

institutional Management (Office Hiearchy)

Status
colourGreen
titleComplete
 - Mifos X supports office hierarchy up to an unlimited depth of levels to support a single complex operation or multi-organization support structure. Customize user permissions by both position and individual. Restrict those from performing tasks they are not qualified for, and allow administrative access to higher ranking positions.

Reporting & Business Intelligence

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