A Case Study of Mifos Implementation at Asomi

Mifos is an open source enterprise solution for microfinance. This chapter is a practitioner’s point of view on implementation of Mifos in an organization, based on the author’s experience in implementing Mifos at Asomi, a microfinance institution operating in the state of Assam, India. The factors to be considered in selection and implementation of Mifos are discussed. Various inputs, analyses and resources required for implementation are discussed. Any organization must have a concrete set of operational strategies that enables it to track its borrowers and loan portfolio effectively and on time in order to succeed. Wrong assumptions and choice of wrong technology may only aggravate MIS implementation. Development of technology has removed all the barriers to technologies and has enabled organizations to develop computerised systems streamlined to their operational needs and not the other way round. It is attempted to justify this by using the case of Mifos.