Microfinance risk analysis using the business intelligence

This paper discusses the use of analytical software solutions in microfinance institutions and how it can improve the operations of the organization. The study has been conducted through a survey from MFIs located in various countries of Africa, Europe and Asia. The survey questions have been based on the kind of software solutions MFIs use and if they are able to benefit from it. Moreover, with this survey we have tried to find out if the MFIs are willing to adopt the new technologies in their system by using software solutions. The survey has been conducted with MFIs in located in different countries. Besides MFIs, the respondents included banks as well.