MIFOS MICROFINANCE OPEN SOURCE Mozambique Mifos Initiative MIFOS

MIFOS – MICROFINANCE OPEN SOURCE Mozambique Mifos Initiative MIFOS - Financial Platform to meet the challenges of microfinance, banking and Financial Inclusion in Mozambique

MIFOS - Financial Platform to meet the challenges of microfinance, banking and Financial Inclusion in Mozambique MIFOS Initiative Extensive experience in Project Management, Banking, Microfinance, Finance and Electronic Banking. 10 Years of experience in Consulting and Training in Microfinance Experience in the Implementation and Maintenance of Technology Solutions and Features to support management and data collection Fundamental support from the MIFOS Community ', strengthening the network of knowledge of local initiatives

MIFOS - Financial Platform to meet the challenges of microfinance, banking and Financial Inclusion in Mozambique Achievements ü The members of the Initiative contributed to MIFOS translation into Portuguese. ü MIFOS Systems in prodcution ü Mozambique ü Associação Progresso (Cabo Delgado) ü Profamilia Moçambique (Inhambane) ü Namibia ü Kongalend Financial Services ü Ongoing Projects ü Mozambique ü Associação Ophentana Wathiana (Nampula) ü NAM Créditos (Sofala) ü TSECO Microfinanças (Zambézia) ü Namibia ü Kongalend Financial Services (upgrade MIFOS)

MIFOS - Financial Platform to meet the challenges of microfinance, banking and Financial Inclusion in Mozambique Achievements ü Specifi developments. ü Costumized Platform Report ü Integration with Accounting Systems ü Integration with e-banking ü Integration Insurance Management ü New features ü API based on the utilities services payments for loans repayment and deposits using channels: ü ATMs ü Over the counter in Banks

MIFOS - Financial Platform to meet the challenges of microfinance, banking and Financial Inclusion in Mozambique Our Experience ü Strenghts ü Know how Project Management ü Knowledge in Microfinance ü Partners with know how in Information Systems ü Capacity of Business Development / Marketing ü Weaknesses ü MFIs with little experience in Microfinance ü Many NGOs are not oriented towards efficiency ü Little knowledge in technology ü Dependence on programas funding

MIFOS - Financial Platform to meet the challenges of microfinance, banking and Financial Inclusion in Mozambique Challenges/ Potential Market ü About 150 MFIs in Mozambique, several ASCAs ü National programs that finance the implementation of MFIs ü Partnership to develop a loans management platform for the agriculture cooperatives (cotton and tobacco farmers) ü to challenge Government in the use of technologies such as MIFOS for the professional management of Local Initiative Funds ü Internationalization of the Mozambique MIFOS Initiative to other SADC countries ü Web-site of Mifos Initiative Mozambique ü Access to a demo MIFOS version ü MIFOS Manuals in Portuguese

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