Displaying items by tag: Microfinance
We are happy and pleased to successfully release another major version of our awarding Amala Core Banking system for FinTech, especially in financial inclusion of the unbanked and underbanked community in Tanzania, a platform based on Apache Fineract and Mifos.
In this release of Amala we have shipped in the following key new features among others:- –
We are happy and pleased to successfully release another version of mobile app for clients/members of financial institutions Amala Self Service supported by Amala Core Banking 1.0 on November 2018 that will serve the clients/members of financial inclusion of unbanked and underbanked community in Tanzania.
The world is passing through a shadow, many businesses are being shut down, people are abandoning their work places, schools are closed and the world economy is at risk. In this period, the trends of many businesses are at risk and some running to closure due to the breakout and the spread of the pandemic Corona virus (Covid 19) that has attacked many countries in the world so far Tanzania being one of them. Many businesses are figuring out how they are going to operate and maintain their economic power since the major prevention against the disease is avoiding contact between people by implementing social distancing and staying home.
- SACCOS Management System
- corona virus
- Amala Times
- Ushirika Lab
Financial management has often been regarded as an elite sector of banking, however, as financial institutions step into the 21st century by focusing on implementing new-age technologies, it sometimes seems that delivering a superior experience to high net worth investors has taken a back seat.Bridging the gap
The financial sector for quite a number of days had been going through the challenge in its operations and management. the reason being many of its issues especially by the Microfinance and the micro-credit Institutions operating manually. These institutions together with their clients faced a problem of losing accurate data at some point. This brought about a bad image of mistrust in these small scale financial institutions despite the fact that they play a huge role in dealing with economic development.
- Microfinance Regulations
- Customer experience