Solutions for leading Micro Finance Companies
Basix, a pioneer in Micro finance and promotion of sustainable livelihoods, retained Sathguru for catering to its information technology needs right since inception. The solution (FAMIS) covering the entire spectrum of their operations was built, deployed and maintained by Sathguru till date. The solution has catered to over Rs.1000 million (US$22 million) of disbursements, ranging over 1,00,000 borrowers, in the last seven years of its existence. Its richness in reporting health of portfolio facilitates critical review of portfolio management at different operating and strategic management levels. FAMIS runs as the backbone of critical business operations of BASIX, handling large volume of transactions and delivering key results on a day-to-day basis. FAMIS has earned appreciation from many of BASIX’s funding agencies for its effective portfolio monitoring capabilities and stringent audit controls.