Following the transition of Mifos from the Grameen Foundation, we’re pleased to announce the first major release of Mifos fully supported by community members. This release will be code-named Margaret H in recognition of Margaret Matinde, one of the many women that Nuru Kenya has been empowering to rise up from extreme poverty.
Margaret Matinde has been a Nuru client for three years. Throughout this time, Nuru gave her the ability to save and the opportunity to take out a loan to start a successful restaurant business. Now instead of struggling to provide for her children, she can send them to school and focus on building their future. For the past year and a half, Nuru has been using Mifos to administer loans and savings accounts to clients like Margaret through their Community Economic Development program. Rebecca Herrington and her team have been an active and engaged community member throughout the transition.