Global Mifos Summit

CodersTrust provides microfinance for underprivileged talents to upgrade their coding skills, so they can earn more money on freelance portals. It is an initiative backed by the development fund Danida, or Danish International Development Agency, to provide microfinance for students in emerging nations who want to upgrade their programming skills. The hope of founder, Copenhagen-born entrepreneur Ferdinand Kjærulff, is that these students are empowered to sell their work internationally via freelance portals such as Odesk, Elance and Freelancer. The team is currently operating in Dhaka, Bangladesh, where it collaborates with Grameen Bank, which is renowned for its part in revolutionising the microfinance industry.

The Mifos X Android Client is our smartphone-based mobile field operations app which puts financial inclusion directly at your fingertips directly in the field. This app gives financial institutions the full power of the Mifos platform wherever they are by allowing field-based staff to manage conduct their daily operations including viewing and editing client details and adding new transactions in the field. It enables field officer to be more efficient, transparent and deliver a higher level of service to their clients.

Built on top of the Mifos Web Hooks and using the Sinitra framework, Terence Monteiro of San Jose Solutions has built and open-sourced an SMS sending application for the Indian SMS gateways to notify group members about financial transactions like loan repayments, and deposits and withdrawals to savings accounts.