Digitizing Microfinance

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  • Digitizing microfinance

  • About awamo

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    Frankfurt & Kampala (Uganda)

    10+ years of Africa experience

    Microfinance & credit rating experts

    Our goal:Creating opportunities through access to finance

    ANJARWALLA & KHANNAAfrican Law Firm of the Year 2013

    Sponsored by:

  • Prejudices and misconceptions

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  • result in overseeing Africas potential

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  • Typical associations with Africa

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    lack of skilled labor

    diseases

    poverty

    corruption

    warfareterrorism

    pirates

  • But there is more to it

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    promising demographics

    leapfrogging technology

    improving infrastructure

    political stabilization

    high GDP

  • Access to finance in sub-Saharan Africa

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    80% 15% 5%

    Population coveragebanks & credit bureaus

    Regulated vs. unregulated financial institutions

    Large portion of the populationexcluded from formal financial services

  • Microfinance today

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    > 60%costs & risk

    ?

  • Microfinance tomorrow

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    Credit Reports

    Fron

    t-End

    Back-En

    d

    MIS/CRM system

    Credit Data

    2

    3

    Mobile Office (app)

    1

  • Microfinance tomorrow

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    Mifos-X will provide the transactional core

    Open Source platform for microfinance Available on GitHub Licensed under the Mozilla Public License

    Active developer community Highly customizable Stateless UI and REST-based API

    Key features Individual loans, group loans Savings accounts Basic CRM/KYC functionality Reporting functionality

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    Technical overview: the platform

    Enabling

    BiometricIdentities

    ScoringEngine

    Accounts Reports

    Process Engine Integration

    MobilePayment

    ExternalData Source

    MobileOffice (App)

    Web(MIS, CRM)

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    Open Source Technologies will make this project possible

    Build on top of: and we will add:

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    The agile startup, ready to roll:Remember TIA (This is Africa)Business processes Are defined and aligned with local needs Chief Product Officer with broad banking

    experience

    Software development Agile approach, SCRUM-based Adopt to new/changing customer

    requirements Balance perfection and pragmatism

    Operations and deployment Continuous delivery Asset-free hosting (cloud technology)

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    Award winning team looking to expand

    awamo.com/careersSponsored by:

  • Contact us

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    www.awamo.com

    +49 162 2420 192niedner.ext@awamo.comsniedner

    Philipp NeubChief Operating Officer

    Co-Founder

    +49 172 88 77 537neub@awamo.com philippneub

    Dr. Sven NiednerSenior ICT Consultant

    Webmontag Frankfurt