The key point this charts gets across is that open source software is becoming good enough. Micro world data bank mwdb2 system open source software. To build open source software you just need to set up a project on sourceforge, says huynh. Loan performer, microfinance software, sacco software, micro finance software, loan software, loan, for savings and loan tracking by crystal clear software limited. Software informer free and opensource p2p software for. Redesigned to be a true, fully functional platform. It has already met or will soon be meeting the minimum requirements of the enterprise customer. Emms is a web based microcredit management information system based on php5pear and mysql5. The software is webbased, fully open source and is used by an ever growing number of micro credit lenders to facillitate their daytoday operations. Contribute to micropyramidmicrofinance development by creating an account. Tracking money, managing payroll and tracking stocks are just some of the financial tasks small business owners need to handle.
Financial institution letters fil1142004 october 21, 2004 risk management of free and open source software ffiec guidance summary. Banking and retail online transaction processing platform. All of the money you spend can be categorized so that you can see where your money goes. Libreoffice is an open source office suite with a word processor, a spreadsheet, a presentation tool, a database editor, a diagramming tool, a math formula editor, and a charts editor. When you first open the program, you will see the page of. Mifos existed within grameen foundation until 2011, when it was decided that mifos would split off to. The main principle is that if you use an open source. Open source software and the open collaboration practices that it engenders are quietly gaining ground among software vendors, securities firms and maybe across wall street. Communities typically develop the software collaboratively. Download opencbs by opencbs informer technologies, inc. Websoftex software solutions private limited, a bangalore based company, an authorized software service provider engaged in microfinance.
Up until about ten years ago, it was extremely unfashionable to be a geek. Lucid imagination is the latest beneficiary of what i like to call the boil. These open source applications replace expensive apps for home and business. Aspekt microfinance software is very flexible and managed to fully incorporate our internal risk management policies and procedures. Its built in file viewer lets you to view files of in hex, binary, or text format it also features an internal text editor with syntax highlighting. Provides top privacy features prediction system, do not track option, dangerous website protection, encrypted certificate management, etc. The octopus microfinance suite open source project on open hub. Free open source tax software presented to fta richard braman executive director tax code software foundation, inc. A story of transition from open source to revenuebased. It is build around a robust core extensible through plugins. Our technology is used by all kinds of institutions, from small startups using our free core software to microfinance. The result is that the traditional approach to microcredit has made only limited progress in resolving the.
Microsoft money is one of the most popular accounting software packages on the market. It provides the key functionality required by mfis, including client and loan portfolio management,loan repayment tracking, reporting and tools for social impact. Our technology is used by all kinds of institutions, from small startups. It is compatible with a wide range of document formats such as ms word. Mifos microfinance open source mifos is an mis purposebuilt for the microfinance industry. Newired makes technology and software more accessible, replacing any.
Sourceforge provides the worlds largest selection of open source software. Micro world data bank mwdb2 system is an open source application. Mifos x is the next generation of the mifos software. Infrarecorder is a small, opensource application that offers you access to basic disc burning tools. Open source personal finance for windows open source software directory the best open source and free software for at home or in business. Posts about open source software written by brainmaya. Full featured completely customizable software for microfinanace institutes this is micropyramid opensource initiative for microfinanace management. The number 1 micro finance software, software for microfinance.
Data geekery saw the idea gain some traction when the zurich. Is there a high profile open source project in the finance industry specifically the investment banking area that i could contribute to ideally. Mostfit see also our offical website is an mis for micro finance institutes mfis it has originally been created by intellecaps technology solutions group which has. And although one size doesnt fit all, open source software offers a. It provides mfis the key functionality to better serve the poor. Creating a measurably better score would likely take lots of time and money to gather and analyze.
Seeking profit in opensource search software the new. Open source software is code that is available to the public to use and change, free of charge under an open license. Open source software guidelines for financial institutions. Redesigned to be a true, fully functional platform for financial inclusion, it builds off the experiences of our legacy codebase, mifos 2. Open source software guidelines for financial institutions by rahul kapoor and matthew miller march 2005 volume 8 number 10 introduction the use of free and open source software. Founded in october 2011, the organization encompasses a community of financial. Mambu revamps its microfinance software free mambu microfinance software for all the little guys finally, all the small mfis, ngos and microfinance dogooders out there can have access to. The individual license will determine this and you should seek professional advice. Here are the best free and open source loan management software for your. Cloudbankin is built exclusively for the microfinance and nbfc. Can sql as a language be integrated and standardised into java through a set of simple formal language transformation rules. This is a php based loan management system to help microfinance organisations manage their clients, loans, savings, collections and distributions. Opencbs is an opensource mis for microfinance companies. It comes with two panels side by side for easy browsing of directories.
Would open source credit score formulas be feasible. Competition between open source and closed source software. Double commander is a file manager inspired by total commander. Octopus microfinance suite is an integrated suite allowing full management of a micro. Adaptive, open source software for microfinance opencbs is the easiest financial management solution to install, use and customize. This mis software is very versatile and can be customised as. But if you get open source hardware wrong, it burns. Mangoo microfinance management is a free and opensource software solution for the management of smallscale microfinance institutions mfis. Is it actually possible practically to sell open source. The free and open source software solution aims to provide a platform for microfinance institutions to manage the wealth of data that corresponds to the portfolios of a rapidly growing.
The program efficiently handles cds, dvds, and other optical disc types. The microfinance php loan management system open source. Two open source applications for nonprofits techsoup. Software is developed utilizing ace adaptive communications environment which is a multiplatform middleware that handles communications. A complete guide to marketing your open source project. Sometimes people need open source software to do something it doesnt already do and no one is willing to do that for free. It comes with extremely low system requirements and can be easily used by anyone, regardless of their pc knowledge level.
I can generate customized reports on clients and loan portfolio. How to market your open source project or business. Generix solutions smart micro credit business suite. Vishwanath is the founder and ceo of united prosperity, which plans to raise money from individuals to guarantee the microcredit. Oh, a quick explanation for everyone who is unclear. It has originally been created by intellecap s technology solutions group which has since 2011 been made into a company of its own called istpl. Its a content management system that allows you to create a website. Octopus is the leading open source management information system mis for microfinance institutions mfi. Whats the best way to monetize an opensource software. May 2011 abstract i consider a model of vertical product. My answer speaks only to the ethics of using open source software.
Another variant of the approach above, mainly use for dataintensive, datacentric software programs, is the keeping of all versions of the software under a free and opensource software license, but. Based on open source and free technologies, we wont charge you license fees for any proprietary technology except for the source code of the platform. Microcredit practitioners have long argued that such high interest rates are simply unavoidable. Octopus micro finance suite omfs is an open source lgpl micro finance it software. Software for microfinance mfi micro loan management. This software is available to the community of micro finance institutions. The open source engine is available to anyone that wants to build the project. Mifos is an free open source software for microfinance institutions developed by grameen foundation in association with several it companies. Emms emms is a web based microcredit management information system based on php5pear and mysql5. As for why an alternative score wouldnt be open source, you could ask the same about almost anything. Software informer twopaneled open source file manager.
426 872 687 1494 106 677 128 310 368 567 1201 1512 1429 950 1336 1342 980 1024 34 72 1332 471 938 1247 1124 1406 54 19 728 974 1510 865 17 1053 911 683 286 1474 2 711 1392