On Wednesday 16 June 2010 01:52:20 Piyush Ranjan wrote:
On Tue, Jun 15, 2010 at 7:01 PM, jtd jtd@mtnl.net.in wrote:
On Tuesday 15 June 2010 16:05:19 Piyush Ranjan wrote:
Hello!
We are a small group of open source enthusiasts, working on an open source Management Information System (MIS) for Micro-Finance Institutions (MFI).
A gropu has already developed and deployed such a software named sanghamitra in kerala.
Hello
I am not aware of this software. Could not find it online.
http://en.sourceforge.jp/projects/sfnet_sanghamithra/downloads/SanghaMithra-...
SanghaMithra ---------
SanghaMithra is a Banking Application Software developed by Open Software Solutions Industrial Co-operative Society (Ltd.). Software Platforms used for Sanghamithra are GPL'ed Softwares (Linux, Postgre-SQL, GTK etc) of which Source Codes are open and transferred along with the package and that are coming under General Public License regime, which can be freely studied, developed, modified, used and transferred for a price or free which saves the co-operative movement from the likely exploitation of the unscrupulous profit hungry software vendors in future.
In SanghaMithra different types of loans, deposit, chitty / MDS and Recovery can be configured through the configuration screen in settings menu.
Variety of Services included in SanghaMithra are, Membership/Share Ordinary Loans of various types Hire Purchase Loans of various types Gold Loans of various types Fixed Deposit Loans Recurring Deposit Loans Daily Deposit Loans Overdraft of various types Chitty / MBS Loans Saving Bank Deposit of various types Fixed Deposit of various types Recurring Deposit of various types Notice Deposit / Call Deposit of various types Special Plan/Doubling Deposit Chitty/MBS Variety of services offered to the Banking Establishment by SanghaMithra Loans & Advances to Staff Deposits of Staff Pay Bill of Staff Bank Deposits and Investments Bank Borrowings Sales & Purchase Operations. Asset-Liability Management services offered by SanghaMithra Recovery Schedule Operations. Maintenance of Matured Term Deposit Ledger Balances Dividend Appropriation Share / Loan / Deposit / Chitty Parameter rescheduling Operations. Book Keeping services offered by SanghaMithra Maintenance of all statutory Reports. Day Book / Subsidiary Day Book correction operations (secured) General Ledger correction operations (secured) Daily Cash Tally Operations. Daily Cash Scroll Tally Operations. Daily General Ledger â Personal Ledger Tally operations Periodic Interest â due updating operations. Miscellaneous Head Creation Operations secured for Auditor. Reports Offered by SanghaMithra Membership Admission Register/Share Ledger Member Liability Register Share Subsidiary Day Book Share General Ledger Share Audit Schedule Salary Recovery Certificate for members (Applicable for Credit societies) List of members retiring over a particular period Membership List of SC/ST Category members Membership List of women members. Membership List of ward wise Membership List of new members over any period Membership List of closed membership over any period Deposit Personal Ledger. Deposit Certificate Reports Deposit wise list of new deposit on a particular period Deposit wise statement of Receipt â Payment â Balance over a particular period. Deposit wise statement of closed accounts over a particular period. Deposit wise statement of Prematurely Closed accounts over a particular period. Deposit wise statement of Matured accounts over a particular period Deposit Report by Interest percentage wise Deposit Report by Member class wise Deposit type wise Subsidiary Day Book Deposit General Ledger Deposit type wise Audit Schedule Deposit weekly statement returns from Branches Loan Personal Ledger Loan Eligibility Verification Report Loan type wise statement of Receipt â Payment â Balance over a particular period Loan type wise list of New Loans over a particular period Gold Loan Issue Register Gold Stock Register Gold Loan Bond Report of remittance made through account transfer during the period. Loan duelist specifying number of installments due. Loan type wise Audit Schedule Loan type wise Subsidiary Day Book Loan General Ledger Chitty personal Ledger. Chitty Subsidiary Day Book Chitty General Ledger Recovery Schedule Report Recovery Schedule Actual Posting Statement Cash Scroll Report Cash Book Day Book Bank Book R & D Statement Monthly R & D form Branches General Ledger â Personal Ledger Tally Schedule P & L Account Balance Sheet
There are two other open source alternative named Mifos and Octopus. We have a different USP i.e. ease of use and flexibility. By the most conservative estimates there are about 1000 MFIs in India alone. This number could well be in 10s of thousands world over. Most of these organizations have a different workflow and hence very diverse needs. I am sure there is a lot of need there for a good working MIS solution and one software ain't enough.
True. Besides reinventing wheels is always fun.