Information Systems for Microfinance

Effective information systems serve as the foundation for the operations of microfinance institutions, and financial institutions in general. The course offers decision makers specific points in evaluating their existing systems, determining current and future information system needs, and conducting cost benefit analysis when building, modifying or buying software. A framework on developing information system for an MFI will also be presented. The framework includes the following aspects: functionality, flexibility and expandability, usability, reporting capabilities, standards and compliance, administration and technical support, security, and costs. The information system training will also showcase a software (software sold separately) internally developed by SEDPI and a manual information system to strengthen internal controls.