NewsForge: Microfinance and Open Source: Natural Partners

“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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