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NewsForge: Microfinance and Open Source: Natural Partners

Nov 14, 2006, 21:15 (0 Talkback[s])
(Other stories by Tina Gasperson)

"A Nobel Peace Prize-winning organization has sparked the creation of an open source project to help build technology infrastructures for non-profit microfinance institutions. In developing countries around the world, these institutions loan small amounts of money to women who want to start businesses and create a better life for themselves and their families. The Mifos Software Initiative debuts this week at the Global Micro-Credit Summit in Halifax.

"Muhammad Yunus is the founder of the Grameen Bank, the original microfinance institution (MFI)..."

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