Basix Report

7/31/2019 Basix Report

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MIS

AT

Submitted to:

Prof. Malathi Sriram

Submitted By:

Ashish Patodia 11127

Manikanta M. 11148

Prashant Saxena 11159

Rohit Vishwakarma 11160

Soumya Siddhartha Rout 11172


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Table of Contents

MIS ...........................................................................................................................1

AT .............................................................................................................................1

...................................................................................................................................1

Submitted to: .............................................................................................................1

Prof. Malathi Sriram .................................................................................................1

Submitted By: ...................................................................................................1

Ashish Patodia 11127.....................................................................................1

Manikanta M. 11148.......................................................................................1

Prashant Saxena 11159...................................................................................1

Rohit Vishwakarma 11160.............................................................................1

Soumya Siddhartha Rout 11172.....................................................................1

Table of Contents.......................................................................................................2

1. Executive summary...............................................................................................4

Problem Statement.................................................................................................4

Goals and Objectives.............................................................................................5

2. Hardware and Software Platforms.........................................................................6

Software.................................................................................................................6

Hardware...............................................................................................................1

3. Business Information System Objectives..............................................................1

4. Techniques and Processes.....................................................................................2

Data Flow Diagram...............................................................................................2

Fixed Deposit Account:.....................................................................................2

Insurance:...........................................................................................................3

Loan:..................................................................................................................5


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HRM: Training and Payroll...............................................................................6

Entity Relationship Diagram.................................................................................7

Loan:..................................................................................................................7

Salary:................................................................................................................8

Decision Tree.........................................................................................................9

Loan Process......................................................................................................9

Database...................................................................................................................10

Employee Payroll :..............................................................................................10

.................................................................................................................................10

Insurance:.................................................................................................................12

.................................................................................................................................12

Loan amount:...........................................................................................................13

Reports:....................................................................................................................14

Insurance:.................................................................................................................15

.................................................................................................................................15

Loan amount:...........................................................................................................16

Conclusion...............................................................................................................17

Constraints:..............................................................................................................17


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1. Executive summary

Established in 1996, BASIX has emerged as one of the leading microfinance

institutions in India. It is cited for its scale, creativity, commercial orientation, and

collaborative philosophy in a sector often marked by limited operations, routine

approaches, donor dependence, and territoriality. More specifically, BASIX has

systematically addressed the twin issues of risk mitigation and cost reduction with

an eye to attracting investment from the mainstream capital markets. At the same

time, these actions have enabled the organization to maintain and expand its

lending in rural areas, including lending for agriculture in drought-prone

geographies. It is working with over 320,000 poor households, in 50 districts of

nine states across India with Rs. 2,213 million loan outstanding and an on-time

repayment of 98.2%, with a team of 2,300 staff.

We are external consultants assessing the implementation of MIS at various levels

of business process with the help of modeling techniques such as ER diagrams and

decision tree and process modeling techniques such as DFDs. We have also

provided an example of the database maintained by the organization.

Problem Statement

The challenges faced by MFIs like BASIX in order to increase their reach more

and more poor people in need of money and exercise proper control and implement

a monitoring system for disbursement and collection of funds.


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Goals and Objectives

The logo depicts the vision of BASIX. Inspired by the Yin-Yang duality, the logo

has broadly the following meaning.

The circle represents the globe, our mother Earth, half of which is dark blue,

representing poor, who are excluded from opportunities for better livelihoods. The

white dot in the dark region represents an area of hope, arising from the talents and

aspirations of the poor and the efforts of BASIX to promote livelihoods.

The white part is the economically more prosperous world, but colourless, and it

can benefit from the vibrancy and talents of the dark blue part. The lines represent

BASIX attempts to establish linkages between the two zones. These linkages

include capital, human resources, technology, markets, institutions and policies.

The environment is represented by the circular boundary, which also depicts the

Earth. Anything that we do to enhance prosperity (Samruddhi), has to be

sustainable for both zones together.

The motto, Equity for Equity means that BASIX attempts to use capital

(financial, human, social and natural capital) to work towards bringing equality of

opportunity and social justice in society, globally.

To promote sustainable livelihoods among the rural poor and the rural women

through the provision of financial services and technical assistance in an integrated


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manner and to strive to achieve a competitive rate of return to its investors so as to

be able to access mainstream capital and human resources on a continuous basis.

2. Hardware and Software Platforms

Software

In year 2004 DELPHIX highly integrated multi user RDBMS application software

developed on ERP concepts core software for BASIX Triad Client-Server

Technology Back end : ORACLE 8i, Front-end: D2k.45.High data security100%

automation of all business modules.

In year 1997 FAMIS 2000DOS based, Single user, FoxPro database First

installation at Raichur Methodology used is JLG and SHG Group level Simple

Interest Diminishing balances.

FAMIS PLUS 2001 Windows based, FoxPro database Multi user Methodology

used is JLG and SHG Member level Simple and Compound Interest Diminishing

balances and Flat Rate

2001BANKSOFTClient Server Technology Software for Micro finance and

Banking NPA Analysis


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Hardware

Hand Held Devices

Biometric devices

Samruddhi collection card

PCs

Printers

3. Business Information System Objectives

Cost Effectiveness

Functionality

Reliability

Simple to use

Scalability

Integration

1


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4. Techniques and Processes

Data Flow Diagram

Fixed Deposit Account:

USER

OPEN F.D.

A/C

F.D. A/C

ISSUE SLIP

CALCULATION

OF F.D. AMOUNT

PAYMENT

CLOSE F.D.

A/C

RECEIPT OF F.D. CARD NOTIFY THE CLOSURE OF F.D. A/C

MONEY DEPOSITED

INFORMATIONVERIFICATION

UPDATE

NOTIFY

CHECK

FOR INTEREST

AMOUNT

AMOUNT CALCULATED

2


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Insurance:

CUSTOMER

INPUT FOR

PRODUCT

BASIX

CUSTOMER RECORD

BASIX

INSURER

CUSTOMER RECORD

INSURER

APPROVAL

DELIVERY

FEEDBACK FOR NEEDS

UPDATE

FEEDBACK

UPDATE

OFFER INSURANCE

OFFER INSURANCE

RECEIPT OF

INSURANCE

COVER

PROSPECTIVE CUSTOMER

APPROVED CUSTOMER

3


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4


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Loan:

USER

APPLICATION

FOR LOAN

CUSTOMER

DATABASE

GRANT OF

LOAN

RECEIPTUPDATE

UPDATE VERIFICATION

BASIX

STATEMENT OF NEED

INFORMATION OF CUSTOMER

5


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HRM: Training and Payroll

BASIX

TRAINING AND

DEVELOPMENT

FACULTY

GROUP

IMPLEMENTATION

INDIVIDUALS

HRM

PAYMENT

OF SALARY

CONDUCTS WORKSHOPS

BENEFICIARIESINFORMATION

APPLICATION

UPDATE

SALARY REPORT

TRAINING OUTCOME

6


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Entity Relationship Diagram

Loan:

LOAN_NO. AMOUNT TYPE

LOAN

APPLICATION

FOR LOAN

CUSTOMERCUSTOMER

ID.

NAME PHONE NO.

OPENS

ACCOUNTACCOUNT

TYPEACCOUNT

NO.

7


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Salary:

EMPLOYEE WORKS

INDEPARTMENT

IS PAID

SALARY

8


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Decision Tree

Loan Process

9


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Database

Employee Payroll :

10


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Fixed deposit:

11


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Insurance:

12


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Loan amount:

13


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Reports:Fixed deposit:

14


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Insurance:

15


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Loan amount:

16


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Conclusion

The use of Information and Communication Technology (ICT) can rightfully be to

the strategic advantage of Micro Finance Institutions. Innovations in ICT have

transformed traditional approaches to microfinance, facilitating growth and

reducing cost. Some of the players have already started getting the benefit by using

Management Information System and similar IT solutions, while the majority of

the MFIs have yet to realize the importance of its use to achieve outreach and

sustainability.

Constraints:

Microfinance operations are unique and complex, compared to commercial, retail

banking. There are following constraints that MFIs and here BASIX face in

implementing MIS:

The Microfinance sector is still evolving and lacks standardization in its

procedures, methodologies, customer characteristics, type of transactions and

reporting.

There is no of-the-shelf software available that can address the requirements of

every MFI.

Those MIS that are available are complex and costly for adoption.

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