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Mifos on Cloud

Mifos X is the modern open-source technology platform for Financial Inclusion and Digital Banking.

Benefits of Mifos Cloud with Nexahost

  • Greater Transparency – anytime, anywhere access for MFI staff and outside stakeholders ensures greater control.
  • Deeper Social Alignment- A leading social performance measurement tool.
  • Open Source – It is a common platform with the service-oriented architecture that automates all the functionality of your financial institution.
  • Widespread Reach – The platform holds more than 2.8 million accounts.

  • Power of Collective Mind – The Mifos Initiative is guided and supported by volunteers which include board of technology and financial inclusion experts, open source leaders and in-kind support from technology companies.
  • Ease of Use – Being an intuitive interface with advanced navigation features, and enhanced flexibility makes Mifos easy to use.
  • Quick Data, Quicker Decisions, and Complete Control

  • Front-end customizations.
  • Installation and deployment on any cloud of choice.
  • Daily monitoring and backups.
  • Highly Flexible and Scalable.

Why Mifos with Nexahost?

Mifos X is the modern open-source technology platform for Financial Inclusion and Digital Banking. It is built on a platform with a default AngularJS based front-end and Java based back-end that can be extended/customized the meet any needs of a Financial Institution.

Habile Technologies has joined its hands with Mifos as a Deployment partner to implement the Mifos X platform.

Why should we use MIFOS?

Building off of the first official release of the Mifos X platform n May, we’ve launched the official Mifos X Community App in late 2013 which provides full support for the most common financial inclusion methodologies including group and individual lending and savings.

How it works?

Mifos X can be deployed in any environment: cloud or on-premise, on or offline, mobile or PC; it’s extensible enough to support any organizational type or delivery channel, and flexible enough to support any product, service, or methodology. For any organization, big or small, it will provide client data management, loan and savings portfolio management, integrated real time accounting and social and financial reporting needed to bring digital financial services in a modern connected world.

How Nexahost Secure And Private?

Documentation on protecting the privacy and integrity of your client data through both internal and external security policies can be found in the Security section on MifosForge by Nexahost.

What is Mifos?

Mifos X is the cloud-based platform which is available on the web as well as a mobile app. It is an outstanding platform which has the key features like Loan Origination System, Loan Management System, Accounting System, Core Banking System.

It is widely used by Non-Banking Financial Institutions, Microfinance Institutions, Credit Institutions, SACCO’s, Co-operative Societies, Digital Lenders and other lending Institutions.

Frequently asked questions

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