| The Solution - MiFI: | | | | efficiency (or) fund performance. This interface |
| The Design of MiFI software is made such that it | | | | would improve the level of confidence the Funding |
| is highly stable, scalable and reliable. Its highly | | | | agency has on the MFI/NGO and that could lead |
| efficient software algorithm would maintain its | | | | to increased funding and increased growth for the |
| performance whether it’s deployed in a Small, | | | | MFI/NGO. |
| Medium or Large Institution. The software was | | | | The Benefits: |
| developed after an extensive research in the field | | | | Promotes Rapid Growth. |
| of Microfinance Operations and interacting with the | | | | Better Fiscal Control |
| experts in the field both at finance level and at | | | | Reduces Overhead Costs. |
| field level. The design objective was to develop a | | | | Reduces unnecessary redundant work and helps |
| software that (a) Promotes Rapid Growth of the | | | | re-organize the work force efficiently to increase |
| MFI/NGO, (b) Provide a stable technology | | | | the growth and performance of the Organization. |
| platform, (c) Provide Very High Data Integrity. | | | | Highly Flexible and Customizable. |
| The software was put under intense computing | | | | Improves Field Level Operational Efficiency. |
| test environments to ensure that its performance | | | | Helps Institutions Provide a Better Service to their |
| levels were maintained without a glitch. The Best | | | | Customers. |
| Part of the design objective was to provide a | | | | Provides higher levels of data security and |
| very affordable – low cost solution that is | | | | integrity. |
| made available to MFI/NGO ‘s of various | | | | The Features: |
| sizes. Although the High-Tech Industry is so much | | | | User-friendly Interface |
| advanced, the expense of procuring the | | | | The Graphical user-interface is designed to be |
| technology solution has also grown exponentially. | | | | extremly simple and provide a consistent look and |
| At Trinity Signal Technology, we want all our High | | | | feel to the end user. It is aesthetically designed |
| Tech Solutions to be very affordable by all MFI | | | | with pleasant colours so that it does not cause |
| NGO’s. Our innovative technology solution is | | | | much of a train to the eyes. Its design is targeted |
| designed to reduce the cost of ownership and | | | | toward easy learning and pleasant user |
| provide the benefits of technology to all | | | | experience. |
| consumers.MiFI can function effectively under the | | | | Maker / Checker Feature |
| most unforgiving environments (like with no | | | | Ensures that every entry is verified and checked |
| network connection, frequent phone/electricity | | | | by a higher authority, a process called |
| shutdowns, etc). We understand the extreme | | | | authorization. Entries that are unauthorized are not |
| environments under which an MFI has to operate | | | | processed further. Although this process is |
| and our technology solution is designed to | | | | tedious, it ensures the correctness of data that is |
| consume less resource and still function efficiently. | | | | entered. |
| Since MFI/NGO operation is centered on the Head | | | | Group Management Features |
| Office it is important to update the database | | | | Helps the Field Development Officers (FDOs) to |
| changes to and from the field offices. We provide | | | | monitor Group meetings and Group Attendance, |
| offline database updating methods at branch | | | | thereby improving operational efficiency. The |
| offices where network/telephone connections are | | | | FDOs can also handle Group Transfers with ease |
| not consistent. Where there are reliable network | | | | Built-in Business Intelligence |
| telephone connections, we provide direct online | | | | MiFI incorporates business intelligence features |
| updating method, which updates the head office | | | | such as Performance Analysis, Risk Analysis and |
| database with the branch office changes with a | | | | Profit & Loss Analysis which enables the |
| click of a push button. For MFI/NGOs with good | | | | management to take vital decisions and plan their |
| funding and more I.T budget we provide advance | | | | strategy |
| technology hardware like Fingerprint readers, | | | | Comprehensive MIS reports |
| SMARTCard/RFID readers to improve field level | | | | Provide Online and Offline reports for the |
| data integrity. For other MFI/NGO consumers we | | | | management and funding agencies to view the |
| provide software base validation algorithms that | | | | current status of the financial information. Enables |
| ensure high levels of data integrity. We provide | | | | the management to effectively monitor the |
| online access to MiFI Server, where the MFI/NGO | | | | performance of their team. |
| can view reports online and monitor the | | | | Security |
| operational efficiency of the Institution. This allows | | | | Ensures that the data is secure, as the system |
| the flexibility to access the reports from | | | | does not allow unauthorized users to access the |
| anywhere in the world. If required, MiFI can also | | | | data and manipulate it, thereby preventing fraud |
| provide online access to the Funding Agencies that | | | | and mis-representation of financial data. |
| would want to monitor their fund utilization | | | | |