Technology has played a vital role in aiding Micro Finance Institutions across the World to measure and
monitor their operations. The industry is focussed on helping the population at the bottom of the
pyramid with the necessary financial assistance. Most of the customers served by MFIs are low-income
BankSoft – MFI is an integrated solution designed and developed for Micro Finance Institutions. Micro
Finance involves large number of customers with low transaction amounts. The solution is built on
MicroSoft SQL Server to ensure scalability and security to the large number of transactions processed in
Micro finance institutions.
BankSoft – MFI has built in interface to help field level transactions done through agents using POS
devices. The system provides the necessary features to manage the daily activity of these agents. The
system helps the institution in computing the repayment schedules for each loan provided. This helps
MFIs launch branch less banking services in their area of operation, thereby increasing the penetration
The solution supports group lending methodologies and enables MFIs to maintain their books of accounts.
The MFIs can analyse their customer base and innovate new products to suit each customer segment.