Microfinance.net

Microfinance.Net (M.Net) is a powerful combination of technology and comprehensive, integrated business applications for the microfinance industry.
 
It is being developed by Innova Internacional in Bolivia, a South American country internationally known because of its experience and contributions to the microfinance world. This product pretends to be a world-class standard solution for this market.
 
M.Net it’s a proven technology completely flexible and adaptable to each country’s microfinance needs.
 
It provides Banks, MFIs and other organization who deal with financial transactions, with an integrated platform which helps them improve their operational and business processes and transform the customer experience by adding value to their services.
 
Innova Internacional is taking advantage of the “know how” and the experience of the industry’s leaders, through a set of agreements, to develop the next generation of microfinance solutions.
This new version of M.net is based on the evolution of a previous microfinance solution, also developed by Innova Internacional, which at the moment is being used in different countries like:

•         Bolivia
•         Peru
•         Guatemala
•         Nicaragua
•         México
•         Dominican Republic
•         Benin – Africa

All the professionals involved in the M.net development project, have more than 20 years of experience creating and managing microfinance companies.
 
M.net is the third generation of this microfinance software and includes all the previous components, plus a new set of applications and technologies. M.net has been developed using the Microsoft “.NET” platform in order to follow the industry trend and takes advantage of the convergence of new features such as cellular technologies and SMS transactions.

Components of M.Net 

1. General Modules (Clients, Treasury, Cash and Vault, Security, Parameters).

2. Remittances

3.  Loans

4.  Savings

5.  Multi-channel Services

Main Features

• Client management according to products and services they provide.
• Data capture through PDA
• Blacklists control
• Multi-format information captures (biometric, tapes, files, etc.)
• Standalone or networked operations – If there’s no communications you will be able to still work with M.net
• Simplify clients, roles, permissions and network control management.
• Different levels of authorization for different types of operations.
• SMS transactions.
• Extended use of innovative technologies.
• Internet transactions.
• E-mail alerts.
• Multiple savings accounts in both foreign and national currency.
• Biometric technology to validate financial transactions.
• Debit and credit card management.
• Credit Scoring
• Support for next-generation ATMs
• Complete interaction with different banking products
• POS / Mobile Banking / Internet Banking
• Complete integrated application.