Using Open Source Technology

to Expand Financial Inclusion

Craig CheliusExecutive Director

Markus GeissVolunteer, Software Developer

Feel free to live-tweet the session @MicroCredSummit, @mifos,

@MusoniMFI and #Commit100M !

Use the Q&A box on the top-right to send questions to the Panelists.

Cameron Goldie-ScotCEO

The First Fully Open Platform for Inclusion

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System Architect & Developer,

The Mifos Initiative

Executive Director

The Mifos Initiative

CEO

Musoni Services

Mifos Initiative Panelists

Craig Chelius

Cameron Goldie-

Scot

Markus Geiss

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Mifos X

The Only True Open Source

Platform for Financial Inclusion

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● 100% Open Source

● Royalty Free, Worldwide, in Perpetuity

● Mozilla Public License 2.0

● Core Contributor Network

● Global Reach

Open To Everyone - We Cannot Do It Alone

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Open is Better

We Use Open Source Every Day

● Safe

● Value

● Maintainable

● Stronger through Community

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The Internet is Powered by Open Source

Mozilla Firefox Browser

Java Development Language

MySQL Database

Apache Web Server

The Linux Operating System

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Open Source in Financial Services

● More than 50% of the world's financial trades are

processed on Red Hat® Enterprise Linux®.

● In 2013, developers downloaded 13 billion open source

components from the Central Repository — one of the

largest web repositories for components.

● The use of open source

allowed a large commercial

bank to develop a trading

application while only

developing 28 percent of the

code internally

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Financial Inclusion Needs to Be Open

FI should be built with open components, with the value add coming at the

service provider & regional level.

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Community Dynamic

The Product of our Community Effort

is Greater than the Sum of its Parts.

80% is in Community Driven Platform

20% Unique Innovation

Enabling a Virtuous Cycle of Shared

Knowledge

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● Award-winning microfinance

software company

● Supporting 15 MFIs across Africa

● Serving over 60,000 entrepreneurs

● Launched in early 2013

● Powered by the Mifos X Platform

Musoni Services

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● Speed to market

● Active community brings

experiences from around the world

● Strength of core platform

● Social impact of contributing back

● Enabled Musoni to focus on

innovative technologies like mobile

money

Benefits of working with Mifos

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and PPI

● Launched on Musoni System in

March 2013

● Currently used in Kenya

● Over 20,000 PPI surveys

completed…

● all through a handheld tablet

http://musonisystem.com/2014/05/ppi-integrated-standard-musoni-system/

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Mifos X PPI

Presented by Markus Geiss

System Architect & Developer

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PPI Components

➔ Scorecards

➔ Look-up Tables

➔ Sampling

◆ Event Based

◆ Stratified Sampling

➔ Ad Hoc Analysis

◆ Poverty Likelihood / Trend

➔ Benchmarking

◆ Regions, Offices

➔ Targeting

◆ Achieved Goals

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Ad-hoc Analysis

Client View Screen

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Benchmarking

District/Office Likelihood Benchmark

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Targeting

Achieved Goals

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PPI Roadmap

➔ Milestone 1 (end of March 2015)

◆ Scorecards

◆ Look-up Tables

◆ Simple Reports

➔ Milestone 2 (end of June 2015)

◆ Sampling

◆ Ad Hoc Analysis

➔ Milestone 3 (end of September 2015)

◆ Benchmarking

◆ Targeting

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The Mifos Initiative Commitment

Ensure that the Progress out of Poverty Index (PPI) and other social

performance management frameworks can be captured and analyzed as

an integral part of the client workflow in the Mifos X platform:

➔ PPI Integration - Full integration of the PPI within the Mifos X platform

with support for capturing the PPI scorecards for all 56 countries within

the cloud-based Mifos X Community App.

➔ PPI Reports - Develop and release 5 standard reports which contain the

most relevant and high-value analysis of the PPI data captured in Mifos X.

Join the MIFOS Initiative in announcing YOUR CAMPAIGN COMMITMENT: mcs2015.org/commitonline

Feel free to write to us at mycommitment@microcreditsummit.org

To know more about the Mifos Initiative, please visit www.mifos.org or write to info@mifos.org

To know more about Musoni, please visit www.musonisystem.com or write to info@musonisystem.com

Don’t forget to TWEET your takeaways of this E-workshop @mifos @MusoniMFI @MicroCredSummit using #Commit100M

Using Open Source Technology

to Expand Financial Inclusion