The Mikrof is a web-based, dash-board driven Micro-Finance Management software specially developed for the Microfinance Institutes to automate their work-flow. The solution comes with an immense capability of synchronizing real time data, management level monitoring and centralized financial report consolidation. By means of adopting the solution, every aspect of microfinance business would readily be performed with secured transactional data entry which needs less effort and human touch. The solution also runs in compliance with Regulatory Authorities, Patrons, Partners, Donors and Funding Organizations. Microfinance organizations can avail this solution integrated with Management Information System (MIS), Accounting Information System (AIS) modules.

  1. Fully real time web based solution. No separate data synchronization is needed
  2. Well implemented cashless branch system with better security and electronic transactions
  3. Availability of Microfin360 inspired smart card for unique borrower identification and flawless transaction
  4. Users are able to process and manage data at the institutional level, both at central offices and in remote locations
  5. No need to invest on costly data centers. The entire application is hosted in our lightening fast and secure data center
  6. Integrated push-pull SMS notification service enabled both for management and borrowers
  7. Completely paperless collection is enabled through android app
  8. Reduce processing time by 200%
  9. Improve overall organizational efficiency and profitability
  10. Easy and faster migration process with fail-over mechanism
  11. Remote access to get information anytime anywhere
  12. Mobile/Tab friendly application
  13. Dash-board driven information of MFI and all its branches
  14. Easy and centralized administration
  15. Auto ID configuration for Branch, group/center, member/borrower, loan and savings/deposits, employee, vouchers
  16. Funding Organization & Regulatory Authority compliant reports
  17. Track financial transactions and create reports for management, donors, and regulators
  18. Become more systematic in their operating procedures in order to handle a much larger volume of information
  19. Establish transparency and good governess
  20. More than 200 parameterized daily, weekly, monthly and date range wise reports and registers
  21. Low bandwidth friendly – suitable for remote places using cellular networks
  22. Management Information System (MIS)
  23. Accounting Information System (AIS)
  1. Define unlimited number of loan product types with customizable repayment behavior
  2. Instant SMS notification on Loan disbursement and Loan Transaction
  3. Identification of good and bad loanee
  4. Flat
  5. Declining balance – equal monthly installments (EMI)
  6. Declining balance – equal principal installments
  7. Declining balance – Index Based
  8. Loan-wise predefined schedule preparing
  9. Target set and achievement analysis based on loan activity
  10. Ability to schedule loan disbursals and repayments independent of meeting schedules
  11. Loan defaults based on previous loan amounts or cycle
  12. Define grace periods for loan repayments
  13. Support for periodic fees, fees deducted at disbursement, one-time fees, and penalty charges
  14. Support for early & partial loan repayments with rebate facility
  15. Display of loan repayment schedules and detail loan account activity pages
  16. Automatic update of repayment schedule if client/group’s meeting day changes
  17. Variable loan installments and Support for adjustments
  18. Support for adjustments
  19. Allows loan write off
  20. Automatically change loan account state
  21. Repay total loan at any point in loan cycle
  22. Add notes to loan records
  23. Support for loan rescheduling
  24. Support for back-dated payments with automatic voucher update
  25. Ability to generate voucher and receipts directly from loan account page
  26. Allows loan waiver for death member
  27. Allows loan write off
  1. Dashboard driven module that provides information of MFI/individual branches
  2. Auto voucher code configuration
  3. Search voucher by prefix/suffix/transaction date etc.
  4. All MIS financial transactions triggers auto accounting vouchers
  5. System allows manual vouchers for regular expenditures and other operations
  6. Fund transfer among branches
  7. Supports budget/budget variance
  1. Dashboard driven module that provides information of MFI/individual branches
  2. Auto voucher code configuration
  3. Search voucher by prefix/suffix/transaction date etc.
  4. All MIS financial transactions triggers auto accounting vouchers
  5. System allows manual vouchers for regular expenditures and other operations
  6. Fund transfer among branches
  7. Supports budget/budget variance
  8. Supports dig down report to get track of transactions
  9. Prevents unauthorized back dated data entry
  10. Supports up to unlimited depth level in chart of accounts
  11. Supports donor loan management and scheduling
  12. Supports all the major financial reports like:
  13. Trial Balance
  14. Receipt-Payment Statement
  15. Income Statement
  16. Balance Sheet
  17. Cash flow statement
  18. Ledger reports
  19. Daily Transactions
  20. Bank and Cash Book
  21. Fund transfer
  22. Subsidiary ledger report
  23. Notes to balance sheet
  24. and more..
  1. Support for Bangla and English. Easy to localize to other languages
  2. Ability to specify all install-time configurations
  3. User-interface to configure system configurations
  4. Specify supported payment types (cash, voucher, checks)
  5. Define unlimited custom fields for client, group, center, accounts and system users
  6. Ability to schedule holidays and loan moratoriums (office and branch-wise) and have loan, savings, and fee schedules automatically updated