June 26, 2009 (LBO) – A microfinance software application developed by two Sri Lankan university students has been selected as one of the six finalists to compete in the ‘MashUP’ category at a world information technology competition. The MashUp application ‘Hope for poor – Sasrutha’ developed by the University of Moratuwa students will help both parties involved; microfinance institutes and the women recipients.
The application will support different languages based on user preferences.
The main features of the application include geographically locating deserving women in aid distribution and indication of the shortest path connecting debtors who are scheduled to pay instalments, which will help field officers in their collection trips. The University of Moratuwa said in a statement that the software application was developed by a twomember team from its Faculty of Information Technology.
The students, Supunmali Ahangama and Dasuni Kannangara, chose poverty alleviation through empowerment of women in their application.
The contest is to be held in Cairo, Egypt from July 3 to July 8, 2009.
It is part of the Microsoft Imagine Cup, the theme of which this year is “Imagine a world where technology helps to so