There are approx $180 billion has been awarded as microloan to the people of the whole world.
The demand for microcredit services (MFIs) is increasing, day by day.
Revolution in Microfinance with Software
But, the emergence of new technological innovations has made it possible in revamping the microfinance Industry.
The special mention is the Microfinance Software that is helping MFIs in boosting their business prospects.
Automation has made it possible in providing the perfect business management tool to finance companies specially MFIs.
The field agents of MFIs need to stay long in the field rather than in-office premises.