Re: [Mifos-users] New initiative
Thanks Amit for sharing this great news with the community. You and your organization continue to lead the way in bringing forth new innovation to bring more secure financial inclusion to your customers. I am sure your loan officers will be happy to not have to carry so much cash to meetings when disbursing loans. With Mifos X we want to support these new forms of disbursal and access to capital for our clients so we'd be happy to document these requirements and build support for this data tracking in 2013. Ed On Wed, Dec 12, 2012 at 3:38 AM, AMIT JAIN wrote: > Hi Binny, > > Good to see you again,Thanks for your quick response. > > I have just incorporated my answers in the mail. > > On Wed, Dec 12, 2012 at 2:07 PM, wrote: > >> Hi Amit, >> >> I think this is a good initiative. Will help financial inclusion of the >> customer too. *YES* >> >> >> Would like to understand a few more details: >> >> 1) Will you be tying up with any banks for this? We may with SBI/IDBI/YES >> BANK (depends on the costing) >> >> 2) If yes, will you get a saving account opened with the bank or is this >> like a prepaid cash card that the bank issues?* NO account to be open in >> the bank it just like a Prepaid Cash Card.* >> >> 3) Will you transfer the loan amount to this account instead of doing >> disbursement? *Transfer directly to the card while using our Internet >> Banking (we upload it as Csv file.)* >> >> 4) If the customer withdraws money from this account, will Digamber come >> to know about it immediately? Will it reflect in your books immediately?*Once >> it is filled with money means the amount is disbursed to the member.No >> effect will take place when did he withdraw the money.* >> >> 5) Can the customer do partial withdrawal from ATM? *YES * >> >> 6) Can deposits and withdrawals be done on the card or account? *NO* >> >> 7) If card is lost or stolen, will it be blocked and new card given with >> new pin? *YES it just like an another card.* >> >> What information do you want to store in Mifos additionally for such >> accounts? *Mapping of Card with the disbursement also at the time of >> disbursement it generates a CSV file as per bank to upload it to the >> banking system.* >> > > >> And how is the repayment process different from your other loans*?There >> is no changes in the collection process but there is a scope of the same to >> swipe the card first for details and then get the collection means the card >> itself having the members account statement.* >> >> I would like to know by others if they are using the same, please share > your experience with me. > Thanks and Regards > AMIT > >> >> >> - thanks, Binny >> >> -Original Message- >> From: AMIT JAIN >> Date: Wed, 12 Dec 2012 13:18:05 >> To: A good place to start for users or folks new to Mifos.< >> mifos-users@lists.sourceforge.net> >> Reply-To: "A good place to start for users or folks new to Mifos." >> >> Subject: [Mifos-users] New initiative >> >> >> -- >> LogMeIn Rescue: Anywhere, Anytime Remote support for IT. Free Trial >> Remotely access PCs and mobile devices and provide instant support >> Improve your efficiency, and focus on delivering more value-add services >> Discover what IT Professionals Know. Rescue delivers >> http://p.sf.net/sfu/logmein_12329d2d >> >> -- >> LogMeIn Rescue: Anywhere, Anytime Remote support for IT. Free Trial >> Remotely access PCs and mobile devices and provide instant support >> Improve your efficiency, and focus on delivering more value-add services >> Discover what IT Professionals Know. Rescue delivers >> http://p.sf.net/sfu/logmein_12329d2d >> ___ >> Mifos-users mailing list >> Mifos-users@lists.sourceforge.net >> https://lists.sourceforge.net/lists/listinfo/mifos-users >> > > > > -- > AMIT JAIN | E.D | Digamber Finance (Chota Loan Bade Sapne) | +919414041821| > > > -- > LogMeIn Rescue: Anywhere, Anytime Remote support for IT. Free Trial > Remotely access PCs and mobile devices and provide instant support > Improve your efficiency, and focus on delivering more value-add services > Discover what IT Professionals Know. Rescue delivers > http://p.sf.net/sfu/logmei
Re: [Mifos-users] New initiative
Hi Binny, Good to see you again,Thanks for your quick response. I have just incorporated my answers in the mail. On Wed, Dec 12, 2012 at 2:07 PM, wrote: > Hi Amit, > > I think this is a good initiative. Will help financial inclusion of the > customer too. *YES* > > Would like to understand a few more details: > > 1) Will you be tying up with any banks for this? We may with SBI/IDBI/YES > BANK (depends on the costing) > > 2) If yes, will you get a saving account opened with the bank or is this > like a prepaid cash card that the bank issues?* NO account to be open in > the bank it just like a Prepaid Cash Card.* > > 3) Will you transfer the loan amount to this account instead of doing > disbursement? *Transfer directly to the card while using our Internet > Banking (we upload it as Csv file.)* > > 4) If the customer withdraws money from this account, will Digamber come > to know about it immediately? Will it reflect in your books immediately?*Once > it is filled with money means the amount is disbursed to the member.No > effect will take place when did he withdraw the money.* > > 5) Can the customer do partial withdrawal from ATM? *YES * > > 6) Can deposits and withdrawals be done on the card or account? *NO* > > 7) If card is lost or stolen, will it be blocked and new card given with > new pin? *YES it just like an another card.* > > What information do you want to store in Mifos additionally for such > accounts? *Mapping of Card with the disbursement also at the time of > disbursement it generates a CSV file as per bank to upload it to the > banking system.* > > And how is the repayment process different from your other loans*?There > is no changes in the collection process but there is a scope of the same to > swipe the card first for details and then get the collection means the card > itself having the members account statement.* > > I would like to know by others if they are using the same, please share your experience with me. Thanks and Regards AMIT > > > - thanks, Binny > > -Original Message- > From: AMIT JAIN > Date: Wed, 12 Dec 2012 13:18:05 > To: A good place to start for users or folks new to Mifos.< > mifos-users@lists.sourceforge.net> > Reply-To: "A good place to start for users or folks new to Mifos." > > Subject: [Mifos-users] New initiative > > > -- > LogMeIn Rescue: Anywhere, Anytime Remote support for IT. Free Trial > Remotely access PCs and mobile devices and provide instant support > Improve your efficiency, and focus on delivering more value-add services > Discover what IT Professionals Know. Rescue delivers > http://p.sf.net/sfu/logmein_12329d2d > > -- > LogMeIn Rescue: Anywhere, Anytime Remote support for IT. Free Trial > Remotely access PCs and mobile devices and provide instant support > Improve your efficiency, and focus on delivering more value-add services > Discover what IT Professionals Know. Rescue delivers > http://p.sf.net/sfu/logmein_12329d2d > ___ > Mifos-users mailing list > Mifos-users@lists.sourceforge.net > https://lists.sourceforge.net/lists/listinfo/mifos-users > -- AMIT JAIN | E.D | Digamber Finance (Chota Loan Bade Sapne) | +919414041821 | -- LogMeIn Rescue: Anywhere, Anytime Remote support for IT. Free Trial Remotely access PCs and mobile devices and provide instant support Improve your efficiency, and focus on delivering more value-add services Discover what IT Professionals Know. Rescue delivers http://p.sf.net/sfu/logmein_12329d2d___ Mifos-users mailing list Mifos-users@lists.sourceforge.net https://lists.sourceforge.net/lists/listinfo/mifos-users
Re: [Mifos-users] New initiative
Hi Amit, I think this is a good initiative. Will help financial inclusion of the customer too. Would like to understand a few more details: 1) Will you be tying up with any banks for this? 2) If yes, will you get a saving account opened with the bank or is this like a prepaid cash card that the bank issues? 3) Will you transfer the loan amount to this account instead of doing disbursement? 4) If the customer withdraws money from this account, will Digamber come to know about it immediately? Will it reflect in your books immediately? 5) Can the customer do partial withdrawal from ATM? 6) Can deposits and withdrawals be done on the card or account? 7) If card is lost or stolen, will it be blocked and new card given with new pin? What information do you want to store in Mifos additionally for such accounts? And how is the repayment process different from your other loans? - thanks, Binny -Original Message- From: AMIT JAIN Date: Wed, 12 Dec 2012 13:18:05 To: A good place to start for users or folks new to Mifos. Reply-To: "A good place to start for users or folks new to Mifos." Subject: [Mifos-users] New initiative -- LogMeIn Rescue: Anywhere, Anytime Remote support for IT. Free Trial Remotely access PCs and mobile devices and provide instant support Improve your efficiency, and focus on delivering more value-add services Discover what IT Professionals Know. Rescue delivers http://p.sf.net/sfu/logmein_12329d2d -- LogMeIn Rescue: Anywhere, Anytime Remote support for IT. Free Trial Remotely access PCs and mobile devices and provide instant support Improve your efficiency, and focus on delivering more value-add services Discover what IT Professionals Know. Rescue delivers http://p.sf.net/sfu/logmein_12329d2d ___ Mifos-users mailing list Mifos-users@lists.sourceforge.net https://lists.sourceforge.net/lists/listinfo/mifos-users
[Mifos-users] New initiative
Hello to all, I would like to tell you that at Digamber Finance we are always in a search of new ideas related to technology which helps us in our work and reach in time. We are now doing a Pilot project in which we initiates a disbursement through a cash card (sounds like an ATM Card) money can be disburse from any ATMs, We just add a security feature in it. As soon as the members get the Card he call our help line and acknowledge the receiving of the card and answers few questions after verification we send a pin to his mobile No. Can we add this feature in Mifos X.It is future demand for minimizing the Risk. Regards -- AMIT JAIN | E.D | Digamber Finance (Chota Loan Bade Sapne) | +919414041821 | -- LogMeIn Rescue: Anywhere, Anytime Remote support for IT. Free Trial Remotely access PCs and mobile devices and provide instant support Improve your efficiency, and focus on delivering more value-add services Discover what IT Professionals Know. Rescue delivers http://p.sf.net/sfu/logmein_12329d2d___ Mifos-users mailing list Mifos-users@lists.sourceforge.net https://lists.sourceforge.net/lists/listinfo/mifos-users
