This document discusses using open source technology to expand financial inclusion. It describes Mifos X, an open source platform for financial inclusion used by microfinance institutions. Mifos X is 100% open source, royalty free, and has a global community of contributors. The document highlights how Musoni Services, an African microfinance company, has benefited from using the Mifos X platform, including speed to market and a strong core platform. It also outlines Mifos' commitment to fully integrate the Progress out of Poverty Index into Mifos X to help microfinance institutions capture and analyze social performance data.

1. Using Open Source Technology
to Expand Financial Inclusion
Craig Chelius
Executive Director
Markus Geiss
Volunteer, Software Developer
Feel free to live-tweet the session
@MicroCredSummit, @mifos,
@MusoniMFI and #Commit100M !
Use the Q&A box on the top-right to
send questions to the Panelists.
Cameron Goldie-Scot
CEO

2. The First Fully Open Platform for Inclusion

3. 3
System Architect & Developer,
The Mifos Initiative
Executive Director
The Mifos Initiative
CEO
Musoni Services
Mifos Initiative Panelists
Craig Chelius
Cameron Goldie-
Scot
Markus Geiss

4. 4
Mifos X
The Only True Open Source
Platform for Financial Inclusion

5. 5
● 100% Open Source
● Royalty Free, Worldwide, in Perpetuity
● Mozilla Public License 2.0
● Core Contributor Network
● Global Reach
Open To Everyone - We Cannot Do It Alone

6. 6
Open is Better
We Use Open Source Every Day
● Safe
● Value
● Maintainable
● Stronger through Community

7. 7
The Internet is Powered by Open Source
Mozilla Firefox Browser
Java Development Language
MySQL Database
Apache Web Server
The Linux Operating System

8. 8
Open Source in Financial Services
● More than 50% of the world's financial trades are
processed on Red Hat® Enterprise Linux®.
● In 2013, developers downloaded 13 billion open source
components from the Central Repository — one of the
largest web repositories for components.
● The use of open source
allowed a large commercial
bank to develop a trading
application while only
developing 28 percent of the
code internally

9. 9
Financial Inclusion Needs to Be Open
FI should be built with open components, with the value add coming at the
service provider & regional level.

10. 10
Community Dynamic
The Product of our Community Effort
is Greater than the Sum of its Parts.
80% is in Community Driven Platform
20% Unique Innovation
Enabling a Virtuous Cycle of Shared
Knowledge

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● Award-winning microfinance
software company
● Supporting 15 MFIs across Africa
● Serving over 60,000 entrepreneurs
● Launched in early 2013
● Powered by the Mifos X Platform
Musoni Services

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● Speed to market
● Active community brings
experiences from around the world
● Strength of core platform
● Social impact of contributing back
● Enabled Musoni to focus on
innovative technologies like mobile
money
Benefits of working with Mifos

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and PPI
● Launched on Musoni System in
March 2013
● Currently used in Kenya
● Over 20,000 PPI surveys
completed…
● all through a handheld tablet
http://musonisystem.com/2014/05/ppi-integrated-standard-musoni-system/

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Mifos X PPI
Presented by Markus Geiss
System Architect & Developer

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PPI Components
➔ Scorecards
➔ Look-up Tables
➔ Sampling
◆ Event Based
◆ Stratified Sampling
➔ Ad Hoc Analysis
◆ Poverty Likelihood / Trend
➔ Benchmarking
◆ Regions, Offices
➔ Targeting
◆ Achieved Goals

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Ad-hoc Analysis
Client View Screen

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Benchmarking
District/Office Likelihood Benchmark

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Targeting
Achieved Goals

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PPI Roadmap
➔ Milestone 1 (end of March 2015)
◆ Scorecards
◆ Look-up Tables
◆ Simple Reports
➔ Milestone 2 (end of June 2015)
◆ Sampling
◆ Ad Hoc Analysis
➔ Milestone 3 (end of September 2015)
◆ Benchmarking
◆ Targeting

24. 24
The Mifos Initiative Commitment
Ensure that the Progress out of Poverty Index (PPI) and other social
performance management frameworks can be captured and analyzed as
an integral part of the client workflow in the Mifos X platform:
➔ PPI Integration - Full integration of the PPI within the Mifos X platform
with support for capturing the PPI scorecards for all 56 countries within
the cloud-based Mifos X Community App.
➔ PPI Reports - Develop and release 5 standard reports which contain the
most relevant and high-value analysis of the PPI data captured in Mifos X.

25. Join the MIFOS Initiative in announcing YOUR CAMPAIGN COMMITMENT: mcs2015.org/commitonline
Feel free to write to us at mycommitment@microcreditsummit.org
To know more about the Mifos Initiative, please visit www.mifos.org or write to info@mifos.org
To know more about Musoni, please visit www.musonisystem.com or write to info@musonisystem.com
Don’t forget to TWEET your takeaways of this E-workshop
@mifos @MusoniMFI @MicroCredSummit using #Commit100M
Using Open Source Technology
to Expand Financial Inclusion