Here is the work that was done. http://mifosforge.jira.com/browse/MIFOSBI-15 http://mifosforge.jira.com/browse/MIFOSBI-43
Udai On Fri, Nov 4, 2011 at 9:41 PM, Emily Tucker <[email protected]>wrote: > Hi Folks, > > > > I saw this email come across the loan performer mailing list. I know we > experimented with the Mix stuff—but things were still so early stage for > MIX, it didn’t make sense to continue. > > > > Anyways, something we may want to consider for Mifos. > > > Emily. > > > > *From:* [email protected] [mailto: > [email protected]] *On Behalf Of *Hans Verkoijen > *Sent:* Saturday, October 01, 2011 12:45 AM > *To:* [email protected] > *Cc:* [email protected]; 'Mburu Antony'; [email protected] > *Subject:* [loanperformer] RE: Invitation to MIX pilot program for > microfinance software providers > > > > > > Dear Scott > > > > Thanks for the invitation. We are glad to participate. > > > > We welcome the fact that there would be a uniform reporting standard for > micro-finance institutions. We find it increasingly difficult to integrate > more and more regulatory reports into Loan Performer. Each country seems to > have its own standard for reporting. We have seen the PMT Tool in Uganda, > the BCEAO reports for West Africa, the DRC has recently created it’s own > reports, we also got a request from Burundi, Azerbadijan wants their own > specific XML report and we just received a load of reports that are > required in Madagascar. Image we are with Loan Performer in 50 different > countries and each country wants its own reporting standard. This is the > looming picture that is developing at the moment. A uniform reporting > standard is very much appreciated by us. I only it could replace all the > country specific standards? > > > > PS I have copied this reply on the Loan Performer users email list. Hope > that is alright? > > > > Kind regards, > Hans Verkoijen > Crystal Clear Software Ltd. > PO Box 7463 Kampala, Uganda > King Fahd Plaza, 3rd floor, 52 Kampala Road > Tel: ++256-41-4-231739 Fax ++256-41-4-233644 > Email: [email protected] or [email protected] > Web: www.loanperformer.com > > > > > > > > > *From:* Crystal Clear Software [mailto:[email protected]] > *Sent:* 30 September 2011 17:08 > *To:* 'Hans Verkoijen' > *Subject:* FW: Invitation to MIX pilot program for microfinance software > providers > > > > > > > > *From:* [email protected] [mailto:[email protected]] *On > Behalf Of *Scott Gaul > *Sent:* Friday, September 30, 2011 4:51 PM > *To:* [email protected] > *Cc:* [email protected] > *Subject:* Invitation to MIX pilot program for microfinance software > providers > > > > [image: Image removed by sender.] > > Dear Hans, > > I am writing to you about a proposed pilot program to improve the value of > software systems used by MFIs. After > research<http://www.themix.org/Understanding-MFIs%C3%A2%C2%80%C2%99-Reporting-Burden> > in > this > area<http://www.themix.org/publications/microbanking-bulletin/2011/03/first-look-technology-provider-market-share>, > through the support of the MasterCard > Foundation<http://www.themix.org/press-release/mix-and-mastercard-foundation-partner-expand-data-coverage-among-microfinance-institut>, > we are now in a position to move forward with that program. We would like > to invite Crystal Clear Software, Ltd. to participate in this pilot > program. Please review the information below and let us know if your > company would be interested in pursuing this opportunity with MIX. > > *MIX Commitment to XBRL* > MFIs rely on back-office systems not only for internal reports, but to > produce reports for investors, associations, regulators and other external > stakeholders. Recent > research<http://www.themix.org/sites/default/files/176%2811-12%29_MIX_Understanding%20MFIs_Report%28Eng%29_11-08-11.pdf>by > MIX suggests that, despite reliance on sophisticated MIS systems, > preparation of these reports still requires significant time and manual > effort. As an important first step in addressing this problem, MIX has > adopted > XBRL as a standard <http://www.themix.org/standards/xbrl> for modeling > and transfer of microfinance data, and created a comprehensive XBRL > taxonomy <http://www.themix.org/standards/mix-microfinance-taxonomy> that > captures financial and social data and combines international financial > reporting standards and microfinance industry standards. We also work with > the Global Impact Investing Network <http://iris.thegiin.org/> (GIIN) on > disseminating > XBRL content to other > users<http://hitachidatainteractive.com/2011/04/27/speaking-xbrl-but-talking-social-impact-data/>, > including impact investors, and thus we will have parallel development > related to standards for XBRL data transfer. Collectively, these > improvements can dramatically reduce the reporting burden for MFIs while > increasing the quality and timeliness of data received by external > stakeholders but only if software systems used in the microfinance industry > support XML reports that comply with the MIX taxonomy. Our goal is to find > ways to encourage software companies to support XML reports and, in > particular, reports that comply with the MIX XBRL standard. > > *Proposed Pilot XBRL Program > *We propose to conduct a pilot program with a select number of > microfinance software vendors to adapt their software packages to produce a > well-formed XBRL document that can be read directly into our database for > publication on the MIX Market site. We anticipate this functionality will > present different challenges for different vendors. Our goal is to learn > about these challenges to better understand how to support vendors in this > effort. We seek to work with software providers who are prepared to join > with others in sharing their experience integrating XBRL reporting into > their offering. We understand and respect the need to protect proprietary > information, but we also believe that there is much to be gained by > soliciting direct feedback from vendors moving down this path. > > *Potential for Software Certification* > Software that supports streamlined reporting using a common format will > ultimately have significant added value for MFIs. MIX is thus considering a > proposal to adopt a *software certification program*, offering vendors a > significant tool to communicate the true value of XBRL reporting. A second > goal of the proposed pilot program is to evaluate the potential value to > vendors of such a certification program. Your participation in the pilot > program will be invaluable in helping to refine our plans for software > certification. > > *A Limited Commitment > *The precise format of the pilot program has not yet been determined, as > that program will need to be adapted to the needs and constraints of those > participating. We do anticipate that participating vendors will commit to > the following: > > - Designate a single point of contact to represent the company and > manage communications with other company personnel. > - Participate in one or two meetings of perhaps ½ to 1 day to discuss > technical issues with MIX personnel. > - Respond online to questions and discussion topics posted online as > appropriate. > > If your company would be interested in being a part of this important > movement for innovation in microfinance reporting, please reply to this > email and we will follow up with a phone call to discuss particulars with > you or someone you designate to represent your company. > > Thank you, > > Scott Gaul > Director of Analysis > MIX > > Bryan Barnett > Consultant > > [image: Image removed by sender.] > > [image: Image removed by sender.] > > __._,_.___ > > Reply to > *sender*<[email protected]?subject=RE%3A%20Invitation%20to%20MIX%20pilot%20program%20for%20microfinance%20software%20providers>| > Reply > to > *group*<[email protected]?subject=RE%3A%20Invitation%20to%20MIX%20pilot%20program%20for%20microfinance%20software%20providers>| > Reply > *via web > post*<http://groups.yahoo.com/group/loanperformer/post;_ylc=X3oDMTJwcXRhOGtxBF9TAzk3MzU5NzE0BGdycElkAzE1MTgxOTkEZ3Jwc3BJZAMxNzA3MjA4ODUzBG1zZ0lkAzEyODAEc2VjA2Z0cgRzbGsDcnBseQRzdGltZQMxMzIwMjAzNTQ4?act=reply&messageNum=1280>| > *Start a New > Topic*<http://groups.yahoo.com/group/loanperformer/post;_ylc=X3oDMTJlYnBxb2I3BF9TAzk3MzU5NzE0BGdycElkAzE1MTgxOTkEZ3Jwc3BJZAMxNzA3MjA4ODUzBHNlYwNmdHIEc2xrA250cGMEc3RpbWUDMTMyMDIwMzU0OA--> > > Messages in this > topic<http://groups.yahoo.com/group/loanperformer/message/1280;_ylc=X3oDMTM0dHF0NzhmBF9TAzk3MzU5NzE0BGdycElkAzE1MTgxOTkEZ3Jwc3BJZAMxNzA3MjA4ODUzBG1zZ0lkAzEyODAEc2VjA2Z0cgRzbGsDdnRwYwRzdGltZQMxMzIwMjAzNTQ4BHRwY0lkAzEyODA->( > *1*) > > *Recent Activity:* > > · *New > Members<http://groups.yahoo.com/group/loanperformer/members;_ylc=X3oDMTJmN21kZXZpBF9TAzk3MzU5NzE0BGdycElkAzE1MTgxOTkEZ3Jwc3BJZAMxNzA3MjA4ODUzBHNlYwN2dGwEc2xrA3ZtYnJzBHN0aW1lAzEzMjAyMDM1NDg-?o=6> > ** 1 * > > Visit Your > Group<http://groups.yahoo.com/group/loanperformer;_ylc=X3oDMTJlbGJ2MDRsBF9TAzk3MzU5NzE0BGdycElkAzE1MTgxOTkEZ3Jwc3BJZAMxNzA3MjA4ODUzBHNlYwN2dGwEc2xrA3ZnaHAEc3RpbWUDMTMyMDIwMzU0OA--> > > To Post a message, send it to: [email protected] > To Unsubscribe, send a blank message to: > [email protected] > > *MARKETPLACE* > > *Stay on top of your group activity without leaving the page you're on - > Get the Yahoo! 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