Mifos X

Mifos X
Open Source Technology for Accelerating Microfinance
Developer(s) Community for Open Source Microfinance / Keith Woodlock , John Woodlock
Initial release January 2012 (2012-01)
Stable release
1.22.0 / May 1, 2014 (2014-05-01)
Repository
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Written in Java
Operating system Cross-platform
Size 75.5 MB
Available in English, translated into Spanish, French, Portuguese, Chinese Hungarian, Georgian
Type Micro Finance
License Mozilla Public License, v. 2.0
Website MifosX

Mifos X represents the next generation of Mifos [1] - it is a free and open source [2] technology platform for financial inclusion of the poor.

History

Development of the software began as an initiative of the Grameen Foundation in 2004. At the Grameen Foundation, James Dailey and Tapan Parikh realized that the software being used by most microfinance institutions (MFIs) was outdated, expensive or otherwise fell short.[3] James and Tapan brainstormed something new: an open-source software that launched as Mifos in 2006. The name "Mifos" originally came from an acronym "MIcro Finance Open Source", but is now used as the brand, rather than an acronym. Mifos existed within Grameen Foundation until 2011, when it was decided that Mifos would split off to be an independent, open-source entity.

As part of its stewardship, Mifos Initiative has developed a completely new architecture for the Mifos platform, entitled Mifos X. According to release notes for the Mifos system published on April 30, 2013, Mifos Initiative is focusing its development efforts on the new platform, and that they would not release any further official versions of the suite beyond 2.6.x.[4]

Features

  1. Supported methodologies
    1. Individual lending
    2. Village Banking
    3. Group lending
      1. Joint liability groups
      2. Self-help group
    4. Communal banks
  2. Loan Products
  3. Saving Products
  4. Accounting
  5. Reporting
  6. Social performance module

Releases

Version Code name Release date Supported until
16.12.01 NA 2016-12-14 2017-05-19
16.03.3 NA 2016-3-23 Current stable version: 2016-03-23
16.01.2 NA 2016-1-21 Old version, no longer supported: 2016-01-21
16.01.1 NA 2016-1-13 Old version, no longer supported: 2016-01-13
15.12.2 NA 2015-1-17 Old version, no longer supported: 2015-12-17
15.11.2 NA 2015-18-11 Old version, no longer supported: 2015-9-11
15.11.1 NA 2015-9-11 Old version, no longer supported: 2015-9-11
15.10.2 NA 2015-21.10 Old version, no longer supported: 2015-10-21
15.09.3 NA 2015-09-16 Old version, no longer supported: 2015-09-16
15.03.1 NA 2015-05-08 Old version, no longer supported: 2015-05-08
15.03 NA 2015-04-06 Old version, no longer supported: 2015-05-01
1.26.0 NA 2014-12-23 Old version, no longer supported: 2015-02-01
1.25.1 NA 2014-11-03 Old version, no longer supported: 2014-12-01
1.24.0 NA 2014-07-10 Old version, no longer supported: 2014-08-01
1.23.1 NA 2014-06-18 Old version, no longer supported: 2014-07-01
1.23 NA 2014-06-17 Old version, no longer supported: 2014-07-01
1.22 NA 2014-05-01 Old version, no longer supported: 2014-06-18
Legend:
Old version
Older version, still supported
Latest version
Latest preview version
Future release

Amazon EC2 AMI Locator

Zone Name version Arch Instance Type Release AMI-ID AKI-ID
ap-southeast-1 Mifos Platform 18.03.01 18.03.01 x86_64 ebs 2018-03-30 ami-37fbfc4b -
ap-southeast-1 Mifos Platform 17.07.01 17.07.01 x86_64 ebs 2017-07-14 ami-e8c6a58b -
ap-southeast-1 Mifos Platform 16.12.01 16.12.01 x86_64 ebs 2016-12-14 ami-ad9611ce -
ap-southeast-1 Mifos X 16.03.4 16.03.3 x86_64 ebs 2016-03-23 ami-a875a0cb aki-503e7402
ap-southeast-1 Mifos Platform 16.01.2 16.01.2 x86_64 ebs 2016-01-21 ami-56468a35 aki-503e7402
ap-southeast-1 Mifos Platform 16.01.1 16.01.1 x86_64 ebs 2016-01-12 ami-57814d34 aki-503e7402
ap-southeast-1 Mifos Platform 15.12.2 15.12.2 x86_64 ebs 2015-11-18 ami-e629eb85 aki-503e7402
ap-southeast-1 Mifos Platform 15.11.2 15.11.2 x86_64 ebs 2015-11-18 ami-f1915092 aki-503e7402
ap-southeast-1 Mifos Platform 15.11.1 15.11.1 x86_64 ebs 2015-11-9 ami-6fa96f0c aki-503e7402
ap-southeast-1 Mifos Platform 15.10.2 15.10.2 x86_64 ebs 2015-09-16 ami-dc6c7e8e aki-503e7402
ap-southeast-1 Mifos Platform 15.09.3 15.09.3 x86_64 ebs 2015-09-16 ami-acfbeefe aki-503e7402
ap-southeast-1 Mifos Platform 15.03.1 15.03.1 x86_64 ebs 2015-05-08 ami-2a734b78 aki-503e7402
ap-southeast-1 Mifos Platform 15.03 15.03 x86_64 ebs 2015-04-06 ami-145d6046 aki-503e7402
ap-southeast-1 Mifos Platform 1.26.0 1.26.0 x86_64 ebs 2014-12-23 ami-909bb3c2 aki-503e7402
ap-southeast-1 Mifos Platform 1.25.1 1.25.1 x86_64 ebs 2014-11-03 ami-ab577af9 aki-503e7402
ap-southeast-1 Mifos Platform 1.24.0 1.24.0 x86_64 ebs 2014-07-11 ami-a6035af4 aki-503e7402
ap-southeast-1 Mifos Platform 1.23.1 1.23.1 x86_64 ebs 2014-06-18 ami-8ace91d8 aki-503e7402
ap-southeast-1 Mifos Platform 1.22.0 1.22 x86_64 ebs 2014-05-01 ami-50693b02 aki-71665e05

Microsoft Azure Image Locator

Zone Name version Arch Release Image-ID
Southeast Asia mifosx-16-03-03 16.03.03 x86_64 2016-03-23 mifosx-16-03-03
Southeast Asia Mifos-Platform-16.01.1 16.01.1 x86_64 2016-01-12 Mifos-Platform-16.01.1
Southeast Asia Mifos Platform 15.09.3 15.09.3 x86_64 2015-09-16 mifosx-15-09-3
Southeast Asia Mifos Platform 15.03 15.03 x86_64 2015-04-06 mifosx-15-03
Southeast Asia Mifos Platform 1.26.0 1.26.0 x86_64 2014-12-23 mifosx-v1-26

System requirements

Machines

  • 1TB RAID 5 SATA disk storage
  • 4GB RAM
  • 2x dual-proc, dual-core 3.5 GHz CPUs (Xeon/Core 2 Duo/whatever kind of 32-bit Intel chip is cheapest)
  • redundant chassis power supplies
  • wake-on-LAN

Infrastructure

  • 4 megabits/sec upstream and downstream bandwidth
  • uninterrupted power supply
  • separate boxes for MySQL and web container servers
  • replicated MySQL instances
  • Dual Ethernet cards
  • remote management console (so you can remotely power cycle the box and maybe get a serial console)

See also

References

  1. ↑ "Microfinance: Why Open Source Means Bigger Impact". Mashable.
  2. ↑ "MifosX product". ohloh.net.
  3. ↑ Microfinance: Why Open Source Means Bigger Impact
  4. ↑ "Mifos 2.6.1 is the first hotfix on the Esha K release".
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