Developer(s) Grameen Foundation
Initial Release October 2006 (2006-10)
Stable Release 1.6.1 / September 28, 2010; 24 days ago (2010-09-28)
Written in Java
Operating System Cross-platform
Size 75.5 MB
Available in English
Type Micro Finance
License Apache License v2.0
Website Mifos
Download Mifos
Mifos is an initiative of the Grameen Foundation and the financial software that it produces for the microfinance industry. The software provides key functionality for microfinance institutions: client management, portfolio management, loan repayment tracking, fee and savings transactions, and reporting. (The name "Mifos" originally came from an acronym "'Micro Finance Open Source", but is now used as the name, rather than an acronym.) The product is supporting more than 750,000 microfinance clients across 14 microfinance institutions as of September 2010 and continues to grow its presence across the globe. To further enhance the reach of the product, Grameen Foundation launched the MIFOS on the cloud in July 2010.
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