BIS 219 a_microfinance_mis

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A Microfinance MIS: Mifos DatabaseSTUDENT University of PhoenixBIS 219 Introduction to Business Information SystemsINSTRUCTORDATE A Microfinance MIS: Mifos DatabaseMifos is a management information system designed to microfinance institutions in developing countries. Management information systems (MIS), such as Mifos "deal with the planning for, development, management, and use of information technology tools to help people perform all tasks related to information processing and management" (Rainer & Turban, 2008, p.24). Mifos allows running social and business reports as well as analysis, managing clients, savings, and loans portfolio. Mifos offers several advantages to its users such as efficiency and ease, growth and scalability, social and business impact, flexibility and agility, security and data integrity, among others. Mifos runs on top of a MySQL databas

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