[Mifos-users] Mifos for Microfinance Banks in Nigeria

[Ed Cable]

Gbolahan, 

Glad to see you on the mailing lists again. Always happy to see a familiar face in the community.

Thanks for sharing your advice and learnings based on your past deployment experiences with Mifos. 

Bamidele, 

As Gbolahan stated, there are these gaps between Mifos functionality and the standard operations of a microfinance bank in Nigeria.  I think this thread would be a good means of sharing them in details - Gbolahan - would you like to drive that process you've already begun?

Just so you know, we're actively refactoring the underlying Mifos codebase with a more layered architecture that will support plug-ins and APIs to connect to other systems more easily.  This approach is actively being discussed mifos-developers and documented on our wiki: http://www.mifos.org/developers/wiki/EvolvingTheMifosCodeBase

Bamidele, I've uploaded an updated version of our Gap Analysis that you can use.  It's located at http://www.mifos.org/knowledge/resources/deployments/assessment/Gap_Analysis_Survey.xls on  mifos.org.

I also want to point you to our deployment resources on mifos.org which cover the process of deploying mifos successfully across your organization.  Gbolahan is part of Intelligent Network Services Ltd, a local Mifos Specialist, who can assist you with your deployment if Mifos fits your requirements.

Best,

Ed Cable

Mifos Community Manager

On Wed, Aug 18, 2010 at 6:49 AM, Gbolahan Oshonubi <osho...@inslimited.com> wrote:

Dear Bamidele .O. Oyebolu,

Good to hear about your interest in MIFOS. MIFOS is a microfinance application that meets most MFI needs. However, since the operations in Nigeria are based on MFB you need to do a proper gap analysis in deploying MIFOS. MIFOS excellently helps in the core banking platform, however you need to decide on the financial applications that will be integrated with MIFOS.

MIFOS business logic fully supports savings and loans, however considering the operations of the Nigerian MFB, you need to have an additional business logic for current account built on MIFOS for you.

Considering the present economic situation in Nigeria, MIFOS will be a good option to have a semi automated solution for your microfinance bank. From there on you can engage firms to gradually build other missing functionality for you over a period of time.

You stand the chance of getting a custom built solution for your microfinance bank over period of time. However if you need immediate solution for full automation based on the situation in Nigeria, MIFOS may not be the best option.

In future, it is believed that MIFOS will integrate with EFT POS for branchless operations, which is what most microfinance banks in Nigeria need.

I hope this response answer some of the questions.

Should you require further information, I will be glad to provide it.

Thank you,
Gbolahan Oshonubi
Intelligent Network Services Ltd
osho...@inslimited.com
Mobile +234-8023175974
Remain blessed

Disclaimer This e-mail (and any attachment) is intended only for the attention of the addressee(s). Its unauthorised use, disclosure, storage or copying is not permitted. If you are not the intended recipient, please destroy all copies and inform the sender by return e-mail. Internet e-mail is not a secure medium. Any reply to this message could be intercepted and read by someone else. Please bear that in mind when deciding whether to send material in response to this message by e-mail.

---

From: "bamidele oladimeji oyebolu" <bamidele...@gmail.com>
Sent: Wednesday, August 18, 2010 3:24 PM
To: mifos...@lists.sourceforge.net
Subject: [Mifos-users] (no subject)

I am the Managing director of Lavender Microfinance Bank,situated at
abeokuta,nigeria.It was established in 1994 and we started operation
in 1995.we have struggled to service the teaming population of active
poor but our effort was limited due to lack of microfinance software.

with regards to the above ,we consulted severally , and found that
mifos 1,5,0,1 can serve our purpose and make us supportive to the
economically active poor

please, advise us on how we can deploy mifos,we presently have 4 branches.
Thanks.
yours sincerelly,

Bamidele .O. Oyebolu

managing Director
Lavender mfb

------------------------------------------------------------------------------
This SF.net email is sponsored by

Make an app they can't live without
Enter the BlackBerry Developer Challenge
http://p.sf.net/sfu/RIM-dev2dev
_______________________________________________
Mifos-users mailing list
Mifos...@lists.sourceforge.net
https://lists.sourceforge.net/lists/listinfo/mifos-users


------------------------------------------------------------------------------
This SF.net email is sponsored by

Make an app they can't live without
Enter the BlackBerry Developer Challenge
http://p.sf.net/sfu/RIM-dev2dev
_______________________________________________
Mifos-users mailing list
Mifos...@lists.sourceforge.net
https://lists.sourceforge.net/lists/listinfo/mifos-users