Micro Financer (Enterprise Edition) - Overview

The major challenge, micro finance imposes on the software is its diverse nature. For example, within the field of micro finance there are numerous different lending methodologies, such as village banking, groups, and individual lending. There are also many institutional models, such as Grameen, Federation, Self Help Groups (SHGs), and banks (from informal to formal and from small scale to large scale). In addition, the methods for interest and payment calculation are as varied as the number of loan products offered in the field today. To exacerbate the problem, many of these variations can occur inside the same organization. All of these organizations operate within diverse social, political, economic, regulatory, and legal environments.

Elitser IT Solutions has learnt from the grassroots experience of the Client organization in understanding the financial and functional needs of MFIs and has absorbed all their experiences in the creation of the new product versions. The comprehensive features of the software offers the ‘best fit’ solution to the needs of any MFI situated across the world.

Further information please contact: hyderabad@elitser.com.