Mambu GmbH - Mambu Cloud based MIS for Microfinance institutions of all sizes
Overview:
Mambu emerged in 2009 as a research project based out of Portugal and focused on Africa to uncover the needs of microfinance organizations and how technology could be used to support their operations.
From observing branch staff, to speaking to CEOs and Investors, to following credit officers to the markets and interviewing their clients, the team dove deep into the world of microfinance. The goal was to find ways that technology can help spread microfinance, enable organizations to provide it easier, faster and cheaper and to reach more clients who need it. They quickly discovered the power of emerging services like mobile money and agent networks but realized that what MFIs needed first was an affordable modern Information Management System (MIS) which would serve as the platform for integrating these services. The participants felt the existing products were too complicated, too expensive, poorly supported or just simply painful to use. Why else are thousands of organizations worldwide still using risky pen and paper, spreadsheets or unreliable home-baked solutions to manage millions of dollars of portfolios of their clients? Or worse, spending hundreds of thousands on technology and expensive software and hardware stacks which will be a big weight on their organization.
There had to be something better, so Mambu was created. The year of 2010 was full of design and development out of Germany. Still working closely with MFIs and their advisors to determine what they really need in an MIS and funded by investors at Kizoo, they proudly launched into Beta by the new year with a few organizations around the world.
On a sunny day in May 2011, Mambu launched fully for the world of microfinance.
And then promptly went back to work to making it even better.
Product:
Mambu for MFI cloud-based MIS system
Effortless Technology:
Mambu has been designed from the ground up for the unique needs of microfinance and packaged into a clean interface that users find is a pleasure to work with. Mambu take care of the servers, hardware, security, maintenance, upgrades & improvements so that MFIs can focus on what really matters: their clients.
Portfolio Management:
Mambu is a microfinance portfolio management tool delivered online as Software-as-a-Service (SaaS). With it, MFIs can offer loans and savings products designed specifically for microfinance while integrated accounting and reporting take care of their business needs. All in an incredibly easy to use package.
Affordable to all:
Mambu is available online by subscription at prices which scale with any microfinance organization size. It's free to get started and the Professional edition starts as low as $95/month. Now organizations of any size have access to the same technology, security and reliability at a price that is fair for them.
( for more information see Mambu )
Platform:
Since Mambu is a web-based solution, the only thing required to get started is a standard device with a web browser and internet connection. Mambu is developed in Java Enterprise and runs on any SQL Database.
Clients:
As of August 2011, more than 100 organizations from across the globe have signed-up with Mambu.
Clients working with Mambu the longest have been:
Podemos Progresar, Mexico
MFSL, Ghana
UKD Microfinance, India
Contact:
Head Office:
Mambu GmbH
Eberhardstr. 69b
70173 Stuttgart
Germany
eMail: hello@mambu.com
Website URL: www.mambu.com
