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 oshon...@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" <bamideleoladim...@gmail.com> Sent: Wednesday, August 18, 2010 3:24 PM To: mifos-users@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-users@lists.sourceforge.net https://lists.sourceforge.net/lists/listinfo/mifos-users
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