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Mifos Initiative
The Mifos Initiative is a U.S.-based non-profit that exists to support and collectively lead the open source Mifos X project. Founded in October 2011, the organization encompasses a community of financial service providers, technology specialists, financial services experts and open source developers working together to grow the Mifos X open source platform for financial services. Its goal is to speed the elimination of poverty by enabling financial service providers to more effectively and efficiently deliver responsible financial services to the world's 2.5 billion poor and unbanked. History Development of the software began as an initiative of the Grameen Foundation in 2004. It was initiated by James Dailey and Tapan Parikh, and launched as open-source software Mifos in 2006. The name "Mifos" originally came from an acronym "Micro Finance Open Source", but is now used as the brand, rather than an acronym. Mifos existed within Grameen Foundation until 2011, when it was decide ...
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501(c)(3)
A 501(c)(3) organization is a United States corporation, trust, unincorporated association or other type of organization exempt from federal income tax under section 501(c)(3) of Title 26 of the United States Code. It is one of the 29 types of 501(c) nonprofit organizations in the US. 501(c)(3) tax-exemptions apply to entities that are organized and operated exclusively for religious, charitable, scientific, literary or educational purposes, for testing for public safety, to foster national or international amateur sports competition, or for the prevention of cruelty to children or animals. 501(c)(3) exemption applies also for any non-incorporated community chest, fund, cooperating association or foundation organized and operated exclusively for those purposes.IR ...
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Mountain View, California
Mountain View is a city in Santa Clara County, California, United States. Named for its views of the Santa Cruz Mountains, it has a population of 82,376. Mountain View was integral to the early history and growth of Silicon Valley, and is the location of many high technology companies. In 1956, William Shockley established Shockley Semiconductor Laboratory in Mountain View, the first company to develop silicon semiconductor devices in Silicon Valley. Today, Mountain View houses the headquarters of many of the world's largest technology companies, including Google and Alphabet Inc., Unicode Consortium, Intuit, NASA Ames research center, and major headquarter offices for Microsoft, NortonLifeLock, Symantec, 23andMe, LinkedIn, Samsung, and Synopsys. History The Mexican land grant of Rancho Pastoria de las Borregas was given in 1842 by Alta California Governor Juan Bautista Alvarado, Juan Alvarado to Francisco Estrada. This grant was later passed on to Mariano Castro, who sold ...
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Ed Cable
Ed, ed or ED may refer to: Arts and entertainment * ''Ed'' (film), a 1996 film starring Matt LeBlanc * Ed (''Fullmetal Alchemist'') or Edward Elric, a character in ''Fullmetal Alchemist'' media * ''Ed'' (TV series), a TV series that ran from 2000 to 2004 Businesses and organizations * Ed (supermarket), a French brand of discount stores founded in 1978 * Consolidated Edison, from their NYSE stock symbol * United States Department of Education, a department of the United States government * Enforcement Directorate, a law enforcement and economic intelligence agency in India * European Democrats, a loose association of conservative political parties in Europe * Airblue (IATA code ED), a private Pakistani airline * Eagle Dynamics, a Swiss software company Places * Ed, Kentucky, an unincorporated community in the United States * Ed, Sweden, a town in Dals-Ed, Sweden * Erode Junction railway station, station code ED Health and medicine * Eating disorder, mental disorders define ...
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Microfinance
Microfinance is a category of financial services targeting individuals and small businesses who lack access to conventional banking and related services. Microfinance includes microcredit, the provision of small loans to poor clients; savings and checking accounts; microinsurance; and payment systems, among other services. Microfinance services are designed to reach excluded customers, usually poorer population segments, possibly socially marginalized, or geographically more isolated, and to help them become self-sufficient.Christen, Robert Peck Christen; Rosenberg, Richard; Jayadeva, Veena. ''Financial institutions with a double-bottom line: Implications for the future of microfinance''. CGAP, Occasional Papers series, July 2004, pp. 2–3. ID Ghana is an example of a microfinance institution. Microfinance initially had a limited definition: the provision of microloans to poor entrepreneurs and small businesses lacking access to credit. The two main mechanisms for the delive ...
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Financial Inclusion
Financial inclusion is defined as the availability and equality of opportunities to access financial services. It refers to a process by which individuals and businesses can access appropriate, affordable, and timely financial products and services. These include banking, loan, equity, and insurance products. Financial inclusion efforts typically target those who are unbanked and underbanked, and directs sustainable financial services to them. Financial inclusion is understood to go beyond merely opening a bank account. It is possible for banked individuals to be excluded from financial services. Having more inclusive financial systems has been linked to stronger and more sustainable economic growth and development and thus achieving financial inclusion has become a priority for many countries across the globe. In 2018, it was estimated that about 1.7 billion adults lacked a bank account. Among those who are un-banked a significant number were women and poor people in rural areas a ...
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Bangalore
Bangalore (), officially Bengaluru (), is the capital and largest city of the Indian state of Karnataka. It has a population of more than and a metropolitan population of around , making it the third most populous city and fifth most populous urban agglomeration in India, as well as the largest city in South India, and the 27th largest city in the world. Located on the Deccan Plateau, at a height of over above sea level, Bangalore has a pleasant climate throughout the year, with its parks and green spaces earning it the reputation as the "Garden City" of India. Its elevation is the highest among the major cities of India. An aerospace, heavy engineering and electronics hub since the 1960s, Bangalore is widely regarded as the "Silicon Valley of India" because of its role as the nation's leading information technology (IT) exporter.——— In the Ease of Living Index 2020 (published by the Ministry of Housing and Urban Affairs), it was ranked the most livable Indian ...
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Jaipur
Jaipur (; Hindi Language, Hindi: ''Jayapura''), formerly Jeypore, is the List of state and union territory capitals in India, capital and largest city of the Indian States and union territories of India, state of Rajasthan. , the city had a population of 3.1 million, making it the List of cities in India by population, tenth most populous city in the country. Jaipur is also known as the ''Pink City'', due to the dominant colour scheme of its buildings. It is also known as the Paris of India, and C. V. Raman called it the ''Island of Glory''. It is located from the national capital New Delhi. Jaipur was founded in 1727 by the Kachhwaha Rajput ruler Jai Singh II, the ruler of Amer, India, Amer, after whom the city is named. It was one of the earliest planned cities of modern India, designed by Vidyadhar Bhattacharya. During the British Colonial period, the city served as the capital of Jaipur State. After independence in 1947, Jaipur was made the capital of the newly formed s ...
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Google Summer Of Code
The Google Summer of Code, often abbreviated to GSoC, is an international annual program in which Google awards stipends to contributors who successfully complete a free and open-source software coding project during the summer. , the program is open to anyone aged 18 or over, no longer just students and recent graduates. It was first held from May to August 2005. Participants get paid to write software, with the amount of their stipend depending on the purchasing power parity of the country where they are located. Project ideas are listed by host organizations involved in open-source software development, though students can also propose their own project ideas. The idea for the Summer of Code came directly from Google's founders, Sergey Brin and Larry Page. From 2007 until 2009 Leslie Hawthorn, who has been involved in the project since 2006, was the program manager. From 2010 until 2015, Carol Smith was the program manager. In 2016, Stephanie Taylor took over management of the ...
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Random Hacks Of Kindness
Random Hacks of Kindness (RHoK) is a global community of technologists dedicated to solving problems for charities, non-profits and social enterprises by organising recurring Hackathons that has existed since 2009. The organisation currently has a presence in over 20 cities throughout 5 continents, and had 2000 participants in 2017. History Origins Random Hacks of Kindness grew out of an industry panel discussion at the first Crisis camp Bar Camp in Washington, D.C. in June 2009. Panel attendees included Patrick Svenburg of Microsoft, Phil Dixon and Jeff Martin of Google and Jeremy Johnstone of Yahoo!. They agreed to use their developer communities to create solutions that will affect disaster response, risk reduction and recovery. The idea was for a " hackathon" with developers producing open source solutions. The World Bank's Disaster Risk Reduction Unit (Stuart Gill) and NASA's Open Government team (Robbie Schingler) joined the partnership and these "founding partners" (Mic ...
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Paul Maritz
Paul Alistair Maritz (born March 16, 1955) is a computer scientist and software executive. He held positions at large companies including Microsoft and EMC Corporation. He currently serves as chairman of Pivotal Software. Early life Paul Maritz was born and raised in Rhodesia (now Zimbabwe). His family later moved to South Africa where he was schooled at Highbury Preparatory School and Hilton College. He received a B.Sc. in Computer Science from the University of Natal, and a B.Sc. (Hons) degree, also in Computer Science, from the University of Cape Town in 1977. Career After finishing his graduate studies, Maritz had a programming job with Burroughs Corporation and later became a researcher at the University of St. Andrews in Scotland, before moving to Silicon Valley in 1981 to join Intel. He worked for Intel for five years, including developing early tools to help developers write software for the then-new x86 platform, before joining Microsoft in 1986. Microsoft From 19 ...
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Financial Software
Financial software or financial system software is special application software that records all the financial activity within a business organization. Basic features of this system not only includes all the modules of accounting software like accounts payable, accounts receivable, ledger, reporting modules and payroll but also to explore alternative investment choices and calculate statistical relationships. Features of the system may vary depending on what type of business it is being used for. Primarily, the goal of the financial software is to record, categorize, analyze, compile, interpret and then present an accurate and updated financial dates for every transaction of the business. Features of financial software Pipeline tracking Pipeline tracking is one of the key features of an accounting system and software for asset management. This provides summarized information on all the details pertaining to the potential investments that are being monitored. The system and software ...
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