Integrated Financial Management Information System | IFMIS Overview and Solutions

What is IMFIS?

IMFIS stands for Integrated Microfinance Information System. The software system manages microfinance institutions (MFIs). MFIs worldwide use IMFIS to enhance financial management and transparency.

• A valid certificate of incorporation: This is a document issued by the Registrar of Companies that proves that your organization is a legal entity.
• A valid tax identification number: This is a number issued by the Kenya Revenue Authority that identifies your organization for tax purposes.
• A valid bank account: This is an account that your organization has with a bank in Kenya.
• A copy of your organization’s constitution: This is a document that outlines the rules and regulations of your organization.
• A copy of your organization’s bylaws: This is a document that outlines the day-to-day operations of your organization.
• A list of your organization’s directors and officers: This is a list of the people who are responsible for running your organization.
• A letter from your organization’s board of directors authorizing you to apply for IMFIS: This letter should be signed by the chairman of the board of directors.

How to apply for IMFIS

1. Go to the IMFIS website.
2. Click on the “Apply for IMFIS” tab.
3. Fill out the application form.
4. Upload the required documents.
5. Pay the application fee.
6. Submit your application.

Cost of applying for IMFIS

The cost of applying for IFMIS in Kenya is KES 10,000. The application fee is payable through a credit card or a bank transfer. We will also charge you Ksh 200 only at nikonet cyber to help you with the process of application.

The National Treasury will review your application and determine if you are eligible for IMFIS. If you are approved, you will be given a username and password to access the IMFIS system.

Frequently asked questions on IMFIS

What are the benefits of using IFMIS in Kenya?

What are the limitations of IFMIS in Kenya?

IMFIS is a valuable tool for the government of Kenya, but it has some limitations. For example, IMFIS is not able to track all government financial transactions. Additionally, IMFIS is not able to provide real-time data on all government financial transactions.

What are the future plans for IFMIS in Kenya?

The National Treasury plans to continue to improve IMFIS. The National Treasury plans to add new features to IMFIS, such as the ability to track all government financial transactions and the ability to provide real-time data on all government financial transactions.