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| Full View of Micro Finance management System :- |
Microfinance is the lending of tiny loans to poor people for their small business without mandating that they provide collateral to gain access to there loan. Microfinance is often considered one of the most effective and flexible strategies in the fight against poverty. Vashudhara Dairy is having presence in 1000 villages with turnover of around 400 crore. Along with the core business the dairy also render services like loans to member, self help group management, animal health check up and insurance etc. The software manages data about various loans that the dairy provides to it’s thousands of members. Gujarati language is used to enter date in software. Major challenge was to translate English data into Gujarati language and to transfer previous English data into our new Gujarati software. After studying the system we developed a new model for this software and made few changes in the process. |
Objectives |
- To provide a technology platform which will ease the work and provide the needed MIS
- To help strengthen NGO capacity, encourage cooperation among the NGOs, supports efficient communication between NGOs, MFIs and Banks
- Member information on a single click
- Analysis on loan repayment
- Resource Person work efficiency
- To prepare a system which is flexible, Scalable, cost effective and time efficient
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The pilot project is initiated in year 2010 by SYNERGY and Vashudhara Dairy to study and implement hand held terminal based system. New modules like smart card issuance to members and tracking animals by RFID tags, readers are also suggested. With implementation of new system field level data will be directly entered using HHT and users will authenticated with smart cards and animals will be identified using RFID tags and readers.
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