Technical Development for Automation of Banking System for Microfinance Banks

Principal Investigator’s Organization (PIO):

BearingPoint Pakistan, Karachi

Principal Investigator (PI):

Mr. Rodney Rahman, Mr. Mustafa Bhaiwala

Summary

This project designed a comprehensive workable solution to automate the various functions of a micro-finance institution including deposits, withdrawals, loan disbursements/reimbursements, cash management system and accounting operations. In addition, the automated solution helped the growing number of micro-finance institutions to lower their per-transaction cost which in turn helped the poor and low income households. This project also refined, restructured and added new functionalities to Core Banking Software (CBaS) and published it in the Open Source community. It helped the various micro-finance institutions to develop and implement an automated solution in Pakistan.

Start Date 01-Jul-2008

Duration 13 months

Budget PKR 10.89 million

Status  Closed Project

Progress Report View Progress Report

Publications   N/A

Thematic Area  SME

Project Website 
N/A