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IT and MIS in Microfinance Institution Effectiveness and Sustainability Issues

IT and MIS in Microfinance Institution Effectiveness and Sustainability Issues

S. Mohd. Najmullah Quadri, Vikas Kumar Singh, Kishen Parthasarathy Iyengar
Copyright: © 2011 |Pages: 21
ISBN13: 9781615209934|ISBN10: 161520993X|EISBN13: 9781615209941
DOI: 10.4018/978-1-61520-993-4.ch003
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MLA

Quadri, S. Mohd. Najmullah, et al. "IT and MIS in Microfinance Institution Effectiveness and Sustainability Issues." Advanced Technologies for Microfinance: Solutions and Challenges, edited by Arvind Ashta, IGI Global, 2011, pp. 33-53. https://doi.org/10.4018/978-1-61520-993-4.ch003

APA

Quadri, S. M., Singh, V. K., & Iyengar, K. P. (2011). IT and MIS in Microfinance Institution Effectiveness and Sustainability Issues. In A. Ashta (Ed.), Advanced Technologies for Microfinance: Solutions and Challenges (pp. 33-53). IGI Global. https://doi.org/10.4018/978-1-61520-993-4.ch003

Chicago

Quadri, S. Mohd. Najmullah, Vikas Kumar Singh, and Kishen Parthasarathy Iyengar. "IT and MIS in Microfinance Institution Effectiveness and Sustainability Issues." In Advanced Technologies for Microfinance: Solutions and Challenges, edited by Arvind Ashta, 33-53. Hershey, PA: IGI Global, 2011. https://doi.org/10.4018/978-1-61520-993-4.ch003

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Abstract

According to a recognized survey, only 11% of the world’s 240 million poorest families are currently served by Microfinance Institution (Daley-Harris, 2002). In order to increase the outreach of MFI, institution will have to go a step further and start their operation in the rural areas. Implementing sustainable IT infrastructure in such areas is a challenge with numerous obstacles. Further, employee training also poses challenges that are unique to the microfinance industry. In this chapter, we articulate some of the challenges faced by microfinance institutions and some potential solutions with the help of real world case studies. We also propose a framework, which will help microfinance institutions implement IT based management information systems effectively.

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