Thanks Emily for forwarding and thanks Udai for passing on these links. I had discussed this with John Woodlock a little while ago and will pick up the thread once again.
I will reach out to Bryan to get details on how to possibly be a part of the pilot program if it is a fit. Ed On Fri, Nov 4, 2011 at 9:29 AM, Udai Gupta <[email protected]> wrote: > 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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