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MFIs work on new banking platform

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Thirty-four Microfinance Institutions (MFIs) have come together to invest in an IT company—Nepal Finsoft Limited—to launch a world-class core banking and management information system (MIS) solutions platform.

The initiative has been made possible by the work of the Nepal Microfinance Banks Association (NMBA) with technical assistance as well as funding support from Sakchyam, an access to finance initiative from the UK Aid.

For more on this story visit the following link: MFIs work on new banking platform

Source:  The Kathmandu Post

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