On Wednesday 16 June 2010 11:21 AM, Piyush Ranjan wrote:
MFIs have a very different hierarchy structure. Branch -> *Center *-> *Group
- -> Client
The two in bold are absent in banking software. MFIs are built around a social model in which a group of 4-10 people take sort of a joint liability for the timely repayment of loan. The reporting needs are also very different and collecting social data and tracking improvement is a very important goal.
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