Skip to Main Content
ApacheCon 2021 Coming Soon! The Apache Software Foundation
Apache 20th Anniversary Logo

Community-led development "The Apache Way"

Apache Support Logo

This was extracted (@ 2022-08-17 16:10) from a list of minutes which have been approved by the Board.
Please Note The Board typically approves the minutes of the previous meeting at the beginning of every Board meeting; therefore, the list below does not normally contain details from the minutes of the most recent Board meeting.

Meeting times vary, the exact schedule is available to ASF Members and Officers, search for "calendar" in the Foundation's private index page (svn:foundation/private-index.html).

Fineract

17 Aug 2022 [Awasum Yannick / Bertrand]

Report was filed, but display is awaiting the approval of the Board minutes.

20 Jul 2022 [Awasum Yannick / Sharan]

A report was expected, but not received

20 Apr 2022 [Awasum Yannick / Sander]

## Description:
The mission of Apache Fineract is the creation and maintenance of software
related to a core banking platform that provides a reliable, robust, and
affordable solution for entrepreneurs, financial institutions, and service
providers to offer financial services to the world's underbanked and unbanked.

## Issues:
There are no issues requiring board attention.

## Membership Data:
Apache Fineract was founded 2017-04-19 (5 years ago)
There are currently 46 committers and 19 PMC members in this project.
The Committer-to-PMC ratio is roughly 2:1.

Community changes, past quarter:
- No new PMC members. Last addition was Aleksandar Vidakovic on 2020-10-11.
- Arnold Galovics was added as committer on 2022-03-15

## Project Activity:

Released 1.6.0 back in February 2022.
Migrated all old Spring XML configuration to Spring
Java configuration.
Major JAX-RS Jersey upgrade from 1.x to 2.x.
Major improvements to make Fineract more configurable (without recompiles);
database configuration cleaned up, SSL, cache, connection pool are completely
configurable now, no more hardcoded values.
Proper use of environment
variables for configuration; properties based configuration to select
authentication scheme (was previously done by copying different
application.properties files during compile).
 Improved and faster Docker
image builds with Google JIB. Introduced Asciidoc for documentation
(existing minimal documentation migrated, ongoing effort).
 Support for
JDK17 LTS (was JDK11 LTS previously).
 Automatic Gradle project versioning
(was previously done manually, Gradle plugin takes care of this now based on
Git information).
 Dropped Drizzle JDBC driver; using now MariaDB JDBC
driver (that we can package with the distribution).
 Added support for
PostgreSQL DONE: Replaced OpenJPA with EclipseLink.
 Replace Flyway with
Liquibase for database migration.
 Introduction of Lombok to reduce
boilerplate code (ongoing effort).
 Fixed Sonar security hotspots.
Introduced Cucumber BDD testing. Work on making Fineract more modular
started DONE: Build speed improvements.
 Node aware job schedulers

WIP (work in progress):
Alternative implementation for the reporting module based on Eclipse BIRT
(replacing Pentaho hosted at mifos)
WIP: (Semi-) automatic releases with
JReleaser WIP: Enforcement of architecture rules with ArchUnit
WIP: Migrate
integration tests to Cucumber and replace test infrastructure (Gradle Cargo
Tomcat plugin, external MariaDB setup) with ready to use Testcontainers
(working on test speed)

## Community Health:
Fineract Community has been very healthy and active over the past 3 months as
new contributors from companies using Fineract for commercial purposes have
been giving back to the community. This is seen as the activities on Dev and
issue lists have increased. There is more than a 100% rise in the code
contributions over the past few months.

19 Jan 2022 [Awasum Yannick / Justin]

## Description:
The mission of Apache Fineract is the creation and maintenance of software
related to a core banking platform that provides a reliable, robust, and
affordable solution for entrepreneurs, financial institutions, and service
providers to offer financial services to the world's underbanked and unbanked.

## Issues:
There are no issues requiring board attention.

## Membership Data:
Apache Fineract was founded 2017-04-19 (5 years ago)
There are currently 45 committers and 19 PMC members in this project.
The Committer-to-PMC ratio is roughly 2:1.

Community changes, past quarter:
- No new PMC members. Last addition was Aleksandar Vidakovic on 2020-10-11.
- Benura was added as committer on 2021-11-03
- Javier Borkenztain was added as committer on 2021-11-06
- Manoj Mohanan was added as a committer on 2022-01-01

## Project Activity:
Fineract 1.5 was released in May 2021. Release for Fineract 1.6 is tentatively
planned for Q1 of 2022.

Mike updating his demo instance provided to the community as issues arise so
that the community has an updated bleeding edge version of Fineract running
all the time. Mifos Initiative also has an alternate demo instance available
for testing with the latest Mifos X versions.

Petri has improved the following components over the past few weeks: Moved our
CI pipeline to Github action away from Travis which has made us see an
improvement in review and build time on Github. Upgrade from Jersey 1.x to 2.x
containing the latest changes and improvements making Fineract more
stable. Improved test coverage of key components, Upgrade to Spring Boot
2.6.x, Moved us away from XML-based config to Java Configuration which offers
better code maintenance. Automatic inclusion of 3rd party licenses in the
distribution,  Completely ditch the use of Drizzle JDBC Driver

Petri, Aleks, and Mike have been actively reviewing pull requests from other
contributors over the past few months. We have also had Francis Guchie doing
QA and testing the functionalities together with the UI.

Members of the community have been having important discussions around
creating a roadmap of important features to be implemented over the next year
especially around Fineract 1.x which is currently on active support given it
has hundreds of deployments around the world.

We have had contributors work to improve the build time of Fineract 1.x so
that speed of development will reduce.

## Community Health:
The community is healthy.

We have seen an increase in the number of issues opened and closed as members
of the community over the holidays have had time to contribute more than the
usually do during peak day job working periods.

20 Oct 2021 [Awasum Yannick / Sharan]

## Description:
The mission of Apache Fineract is the creation and maintenance of software
related to a core banking platform that provides a reliable, robust, and
affordable solution for entrepreneurs, financial institutions, and service
providers to offer financial services to the world's underbanked and unbanked.

## Issues:

## Membership Data:
Apache Fineract was founded 2017-04-19 (4 years ago) There are currently 42
committers and 19 PMC members in this project. The Committer-to-PMC ratio is
roughly 2:1.

Community changes, past quarter:
- No new PMC members. Last addition was Aleksandar Vidakovic on 2020-10-11.
- Victor Romero was added as committer on 2021-07-30

## Project Activity:
Fineract 1.5 was released in May 2021. Release for Fineract 1.6 is been
planned for the end of 2021. Fineract 1.5.0 was released on 2021-05-25.
Fineract 1.4.0 was released on 2020-09-18. Fineract 1.3.0 was released on
2019-04-30.

Several members of the community have been making code contributions to fix
issues found in Email Notification, Bulk Import, Loans and Dependency updates.

James Dailey led efforts to conduct a community survey to gauge how people
feel about the Fineract project and gain insides into the contributor profiles
and solutions built on top of Apache Fineract 1.x , Fineract CN. Results from
this survey were very positive and encouraging. The findings have been
published on Confluence and shared on the public mailing list. It also
highlighted a few barriers of entry which the community is looking to handle
over the coming months.

Audrey Ndum, one of our Outreachy Interns from the December 2020 session has
been very active over the past few weeks contributing feature such as:
Semi-Monthly Loan configurations, ability to add Holiday Rescheduling and Net
Disbursal Amount on loans,  She also upgraded the Bulk import tool to be
compatible with the rest of Fineract 1.x.

Avik Ganguly , Manoj Mohanan and Victor Romero have been consistently
contributing features and enhancements to both Fineract CN and Fineract 1.x
especially around loan configurations, changing the MySQL driver for better
performance, better encoding schemes for the database system as well as
upgrading Fineract 1.x to the recently released Java 17 LTS.

Petri Tuomola, Manthan Surkar, Nasser and other committers have continued
reviewing code changes while Francis Guchie and  Bharath Gowda have
consistently done QA and Functional tests to verify that changes actually work
as expected.

There have been discussions on the Mailing List about the road map for
Fineract CN and how to reduce barrier of entry for new contributors. There are
also discussions around the architecture of Fineract CN and why its important
to update the libraries and do an initial release.

Fineract was included in the ApacheCON@home for the second year in a row.

The event was developed by the Track chair in early 2021, who first called for
participation on March 26, 2021 on list.
https://lists.apache.org/thread.html/r54be0953f95399fbd28d124c6643a568e70fc9c631bf61b10e78833b%40%3Cdev.fineract.apache.org%3E

The various presentations and panels were advertised on list, and the schedule
was posted in social media and on the fineract wiki. By design, nearly half of
the twenty sessions were panel discussions and more than half were about
topics related to emerging technologies in financial services or ancillary to
the Fineract platform.

The various participants, speakers, and panelists were from Africa, Asia,
Europe, Oceania, and the Americas, making Fineract track one of the most
geographically diverse tracks in the ApacheCon @home 2021.

Birds of a Feather events were useful to many Fineract community members and a
summary was provided on list
https://lists.apache.org/thread.html/r52d0439a64ce3a6d4061d2ce382f94b1f9ac8868e09b95b8718aac1e%40%3Cdev.fineract.apache.org%3E

We plan to link to the YouTube recordings once they are uploaded by the
organizers.

A curated list of the talks from the Fineract track can be found here -
ApacheCon 2021 Fineract and Fintech track videos and a YouTube playlist of the
Fineract Fintech Track at
https://www.youtube.com/playlist?list=PLAfz_RVd88FqxR4wE7VuAajcPHa2LonW2

Thank you to Rich Bowen, Brian Proffit, and Ruth Suehle for your support and
to Javier Borkenztain for serving as Track Chair.


All five of our Google Summer of Code interns successfully passed the program.
Linked below are their gist final reports:

Kinar Shah and Fineract CN Mobile Wallet  -
https://gist.github.com/EGOR-IND/e13db2d9bcbb221d46741ec3644e800c

Benura Abeywardena and Collateral Module -
https://gist.github.com/BLasan/9c624bf4e5230b17c1dc4711301097f6

Yemdjih Kaze Nasser and Machine Learning Scorecard for Credit Risk Assessment
- https://gist.github.com/xurror/bba79ecbf063dd8eae8ee9c24732701e

Varun Jain and Fineract CN Mobile -
https://gist.github.com/varsvat/be08d5234770b1c22d809177564a6276

Danish Jamaland Android SDK & Client -
https://gist.github.com/danishjamal104/ddb099d5f7985dc08537db658c178a81



## Community Health:

Community is general healthy even though we are having some heated debates
about the future of Apache Fineract CN. These have mostly been constructive
and collaborative in nature.

A drastic increase of more than 130% in the number of emails hitting the
public Dev List can be attributed to GSoC activities, bug fixes, Q&A as a
result of the new release of Fineract 1.5 in May. As well as ApacheCon 2021
activities.

Number of reported issues are up by 130% due to new bugs discovered in the new
release. These are already been addressed for Fineract 1.6. Issues closed grow
by the same rate as more contributors for companies using Fineract are helping
to fix issues in the new release.

There has been a significant increase of 400% in the number of contributors
over the past 3 months mainly due to GSoC activities and individuals using
Fineract for profit are giving back to the community. We are already
discussing adding new committers based on this data so as to refresh the
community.

21 Jul 2021 [Awasum Yannick / Roman]

## Description:
The mission of Apache Fineract is the creation and maintenance of software
related to a core banking platform that provides a reliable, robust, and
affordable solution for entrepreneurs, financial institutions, and service
providers to offer financial services to the world's underbanked and unbanked.

## Issues:
There are no issues requiring board attention.

## Membership Data:
Apache Fineract was founded 2017-04-19 (4 years ago)
There are currently 41 committers and 19 PMC members in this project.
The Committer-to-PMC ratio is roughly 2:1.

Community changes, past quarter:
- No new PMC members. Last addition was Aleksandar Vidakovic on 2020-10-11.
- No new committers. Last addition was Percy Enoabane on 2020-10-02.

## Project Activity:
Fineract 1.5.0 was released on May 24, 2021 including 90+ enhancements/bug
fixes. Thanks to Aleks Vidakovic and Petri Tuomola for serving as release
managers.

Luis Espinoza from Fiter has been trying to more effectively utilize the JIRA
agile management tools to help to better organize the community across
development sprints leading up to the next release.
Ed Cable will align this with his ongoing efforts to enable several partners
in the ecosystem to contribute feature enhancements they've been working on.

Javier Borkenztain has organized and arranged a full 3 day fintech track for
ApacheCon and all speakers have been notified and are planning their tasks.

Joseph Makara has been making important updates to improve the Security and
Robustness of Fineract 1.x with help and reviews from Petri. The PMC is
currently having discussions on adding new committers over the next few months
to reinvigorate the community.

Alot of support questions by users are been answered in a timely manner.

*CVE-2020-17514: Disabled Hostname verification for HTTPS * was fixed by
 Michael Vorburger and the fix announced by James Dailey


# GSoC Updates and Details:

Five interns were selected by Apache Fineract for Google Summer of Code and
all are on track with their projects. A write-up done by Mifos Initiative
welcoming them to the community can be found
at https://mifos.org/blog/gsoc-2021/

Danish Jamal Android SDK & Fineract Client Mentor(s): Chinmay Kulkarni &
Shashank Priyadarshi Project to update the Android SDK and have the Android
client consume it is on track.

Kinar Sharma  Mobile Wallet – Fineract-CN Mentor(s): Devansh Aggarwal, Garvit
Agarwal, Victor Romero, Shivansh Tiwari
Update: Project to implement a mobile
wallet app directly connecting to Fineract CN is on track with architecture
for app implemented and now Fineract CN APIs being made securely available via
API gateway.

Varun Jain Fineract CN Mobile app Mentor(s): Ahmad Jawid Muhammadi and Rajan
Maurya
Update: Project to enhance mobile field operations app for Fineract CN
is on track. Progress has been documented in this gist

Yemdjih Nasser Machine Learning Credit Scorecards Mentor(s): Lalit Mohan,
Aaashish Sawhney, Abhijit Ramesh, Jeremy Engelbrecht and Rahul Goel
Update: Project to extend and productize the credit scoring module as an
external plugin is on track.

Benura Abeywardena Fineract Backlog & Collateral
Management Module Mentor(s): Bharath Gowda, Chaitanya Nuthalapati, Manthan
Surkar,  Sanyam Goel Update: progress is proceeding ahead of schedule on
collateral module

## Community Health:

Community is healthy with a slide decline in mailing list and GitHub Activities
over the past few months. This is probably due to the Software getting more
stable and people getting a better understanding on how Fineract works.

There has been an increase in the mailing list and GitHub activities over the
past 1 month relative to 2 months ago as GSoC student continue to contribute
to the project.

dev@fineract.apache.org had a 9% decrease in traffic in the past quarter (96
emails compared to 105)

issues@fineract.apache.org had a 74% decrease in
traffic in the past quarter (222 emails compared to 846) 13 issues opened in
JIRA, past quarter (-77% change) 8 issues closed in JIRA, past quarter (-77%
change)

66 commits in the past quarter (-42% change) 5 code contributors in
the past quarter (-64% change)

91 PRs opened on GitHub, past quarter (-57%
change) 95 PRs closed on GitHub, past quarter (-33% change)

21 Apr 2021 [Awasum Yannick / Craig]

## Description:
The mission of Apache Fineract is the creation and maintenance of software
related to a core banking platform that provides a reliable, robust, and
affordable solution for entrepreneurs, financial institutions, and service
providers to offer financial services to the world's underbanked and unbanked.

## Issues:

There are no issues requiring board attention.

## Membership Data:
Apache Fineract was founded 2017-04-19 (4 years ago)
There are currently 41 committers and 20 PMC members in this project.
The Committer-to-PMC ratio is roughly 2:1.

Community changes, past quarter:
- No new PMC members. Last addition was Aleksandar Vidakovic on 2020-10-11.
- No new committers. Last addition was Percy Enoabane on 2020-10-02.

## Project Activity:

1.4.0 was released on 2020-09-18.

1.5.0 is under review but not yet released. Release Manager Aleksandar
Vidakovic is doing the final triage for 1.5.0 release of Fineract 1.x which
will also address an outstanding security Vulnerability. We may also release
other security enhancements which Joseph Makara and Petri Tuomola are working
on.

Activity of developers fixing bugs and adding features are regularly reported
on list by Michael Vorburger.

Over the past two quarters there has been a gradual uptick in contributions
from individuals at organizations building commercial solutions powered by
Fineract, positive signs of moving towards a more functional contribution
model with upstream development being followed.

Community members led by Javier Borkenztain are organizing for ApacheCon2021
with a dedicated Fintech/Fineract track once again. There are a number of GSOC
projects being proposed and discussed. At this point in time we anticipate
requesting 5 to 6 slots with strong candidates applying for the 4th phase of
our machine learning credit scorecards, improvements and enhancements to
Fineract from our backlog, ongoing work to the Android SDK and client, mapping
of the Fineract APIs to Open Banking APIs, and Fineract CN mobile.

Aspiring GSoC students are making contributions to the code base as we receive
applicants for projects. New Contributor: Joseph Makara is making some
significant contributions and making sure Fineract is more secure and robust.
Petri Tuomola and Manthan Surkar have been providing feedback to assist him.

## Community Health:
Over the past 3 months, there has been a gradual decline in activities on the
mailing list, JIRA issues. This is something we have seen over the past 6
months probably due to the effects of covid-19.

The increase in pull request and code contributors over the past 3 months is
due to the upcoming release we plan to make in a few weeks. So everyone is
sending in fixes for what they like to see in the new release.

Overall, the community is healthy with end users asking support questions on
list and contributors helping them out.


Mailing list had a 57% decrease in traffic in the past quarter (121 emails
compared to 285)

53 issues opened in JIRA, past quarter (-37% decrease)

33 issues closed in JIRA, past quarter (-42% decrease)

102 commits in the past quarter (-38% decrease)

16 code contributors in the past quarter (33% increase)

188 PRs opened on GitHub, past quarter (24% increase)

124 PRs closed on GitHub, past quarter (-28% decrease)

20 Jan 2021 [Awasum Yannick / Niclas]

## Description:
The mission of Apache Fineract is the creation and maintenance of software
related to a core banking platform that provides a reliable, robust, and
affordable solution for entrepreneurs, financial institutions, and service
providers to offer financial services to the world's underbanked and unbanked.

## Issues:
There are no issues requiring board attention at this time.

## Membership Data:
Apache Fineract was founded 2017-04-19 (4 years ago)
There are currently 41 committers and 20 PMC members in this project.
The Committer-to-PMC ratio is roughly 2:1.

Community changes, past quarter:
- No new PMC members. Last addition was Aleksandar Vidakovic on 2020-10-11.
- No new committers. Last addition was Percy Enoabane on 2020-10-02.

## Project Activity:
We have had a lot of end user questions around Fineract 1.x probably due to
people deploying the latest 1.4 release we did in late September. Customer
support questions now account for more than 50% of the emails we get on our
Dev list. These issues or questions are being addressed in a timely fashion
and those that cannot be fixed immediately are logged on JIRA for volunteer
developers to pick up and fix.

We are beginning to have conversations around reorganizing the mailing lists:
adding back the dedicated users list which we disabled back in 2018. This
discussion is ongoing and we have not yet come to a consensus.

Alek, Mike and Petri worked a lot on expanding the swagger documentation and
create sample SDK clients for Fineract over the past few months.

Fineract 1.5.0 has been planned for the first quarter of 2021. Given the
moderate rate of contributions, we think it makes sense to release a new
version once every 3 months.

Rahul Pawar, one of our GSoC 2020 intern kept working on his Credit Bureau
Integration into Fineract projecct by adding more features which enables
Financial Institutions to check credit histories of customers before
processing loan applications

Fineract CN:-

We currently have 1 Outreachy intern working to improve Fineract CN. Audrey
Ndum under the supervision of Committer Kaze Nasser is working to upgrade the
deprecated dependencies in Fineract CN. So far she has update a few
microservices left over when the project started. We think she will be done
with all this by February.

## Community Health:
Both Fineract 1.x and Fineract CN remain healthy as we see traction the the
Dev list and JIRA. There is a sharp decrease (above 50%) in email traffic on
our Dev List probably due to holiday seasons in December.

Number of issues reported have also dropped sharply probably as a result of
the recently released Fineract 1.4 which may have fixed some issues for end
users.

Code Contributors, PRs opened and commits made have drops by more than 40% as
the solution gets more stable and vacation in December. We need to do better
to get more people engaged with the community.

21 Oct 2020 [Awasum Yannick / Sam]

## Description:
The mission of Apache Fineract is the creation and maintenance of software
related to a core banking platform that provides a reliable, robust, and
affordable solution for entrepreneurs, financial institutions, and service
providers to offer financial services to the world's underbanked and unbanked.

## Issues:
There are no issues requiring board attention

## Membership Data:
Apache Fineract was founded 2017-04-19 (3 years ago)
There are currently 41 committers and 20 PMC members in this project.
The Committer-to-PMC ratio is roughly 2:1.

Community changes, past quarter:
- Aleksandar Vidakovic was added to the PMC on 2020-10-11
- Petri Tuomola was added to the PMC on 2020-10-06
- Graham was added as committer on 2020-08-25
- Manthan Surkar was added as committer on 2020-09-26
- Percy Enoabane was added as committer on 2020-10-02
- Petri Tuomola was added as committer on 2020-07-14

## Project Activity:
We have added more committers and PMC members over the past 3 months. Fineract
1.4 was released in September. Aleksandar Vidakovic , one of our committers,
stepped up to be the Release Manager for Fineract 1.x. Aleks while working in
collaboration with Ed Cable, Michael Vorburger and other PMC members, was able
to prepare and send out the much needed 1.4 release on 18 September 2020.
We're hoping to release Fineract 1.x every few months going forward (based on
the rate of contributions). Fineract 1.5 has been programmed to be released at
the end of 2020 or early 2021. There is a fair amount of bugs being fixed by
Petri Tuomola, Michael Vorburger  and a few other committers and volunteers.
In the run up to Fineract 1.4, a weekly "bug fixed" report was shared on list
which helped to highlight the progress made and encouraged additional
contributions. Since the 1.4 release had originally been contemplated in
mid-2019, the shift in momentum was noticeable on list and in the PRs.

GSoC and Outreachy ended in August with most of our students passing their
final evaluation and adding quality to the Fineract code base. A lot of bugs,
issues and code quality work was done during the summer by interns. (Add more
details on what each student did). Some our GSoC interns have already become
committers on the project and are doing great. Manthan Surkar contributed
Checkstyle (amazing), related error handling and logging, Spotless (so cool),
the SqlBuilder (WIP), and Swagger (check it out on
https://www.youtube.com/watch?v=FlVd-0YAo6c!). Percy Ayuk contributed Error
Prone violation fixes which improved the quality of Fineract 1.x. He also
fixed alot of bugs and did work related to migrating away from deprecated
dependencies like from Joda time to Java.time migration
(still pending to be merged). Yemdjih Nasser worked on updating Fineract CN
 dependencies especailly Spring and Spring boot, Did work on migrating from
 OpenJPA to EclipseLink ( pending ) and helped to mentor alot of other interns
 and volunteers. He earned committership before GSoC ended. Natasha Natarajan
 worked as an Outreachy intern to fix Fineract issues, migrate some old
 dependencies to new ones and did some QA work.

Highly informative and substantive ApacheCon Fineract/FinTech Track,
https://www.apachecon.com/acah2020/tracks/fineract.html and slides
https://drive.google.com/drive/folders/17ahcInsVSu5R00BaJKfCs_wh2XnCtLh4 .
There were panel sessions where discussions took place about the current ways
Fineract is implemented and the state of the community. We had talks on use
cases and ways in which Fineract can be improved. There were outreach talks
around encouraging more community contributions which will add more value to
Apache Fineract. Thanks to the work of Javier Borkenztain, Ed Cable and Myrle
Krantz for planning the Fineract Track at this year's ApacheCon. Birds of
Feather sessions were exceptionally valuable in facilitating brainstorming and
planning around future roadmap items including shared contributions to
scalability and performance as well as a phased approach to making Fineract
1.x more extensible through a plug-in like architecture starting with
reporting. These BoF sesssion resulted in actionable tickets that we are ready
to have members of the community assist with.

Fineract CN was proposed and anticipated as the next generation of Fineract,
containerized, microservice based, adding much needed flexibility:  These
discussions on the list around improving Fineract CN and eventually making the
first release.  These discussions hinge on some fundamental vs incremental
improvements to the micro service architecture and underlying technology
stack. There is an Outreachy Project for Fineract CN which focuses on
upgrading key dependencies over the next few months which will help take the
project closer to release.


## Community Health:

Communication on the Dev List has increased slightly as seen by a 1% increase
in traffic in the past quarter (582 emails compared to 575). This is probably
due to people reporting issues and asking questions as a result of the recent
Fineract 1.x release.

Issues created, PRs opened and closure rate have declined by approximately 50%
over the past 3 months mostly due to the conclusion of the GSoC and Outreachy
programs. The increase in these metrics in the summer were due to our interns
doing a lot of work at Fineract. We are back to steady state.

We have 26 code contributors this quarter showing a 23% increase mainly due to
the efforts made to release Fineract 1.4 and the recently ended ApacheCon in
September 2020.

Overall, the community is healthy with a steady rate of contributions from a
few dedicated committers, but we need to do better to attract more
contributors and enable providers serving Fineract in production to give back
to the Upstream project.

19 Aug 2020

Change the Apache Fineract Project Chair

 WHEREAS, the Board of Directors heretofore appointed Vishwas Babu A J
 (vishwasbabu) to the office of Vice President, Apache Fineract, and

 WHEREAS, the Board of Directors is in receipt of the resignation of
 Vishwas Babu A J from the office of Vice President, Apache Fineract,
 and

 WHEREAS, the Project Management Committee of the Apache Fineract
 project has chosen by vote to recommend Awasum Yannick (awasum) as the
 successor to the post;

 NOW, THEREFORE, BE IT RESOLVED, that Vishwas Babu A J is relieved and
 discharged from the duties and responsibilities of the office of Vice
 President, Apache Fineract, and

 BE IT FURTHER RESOLVED, that Awasum Yannick be and hereby is appointed
 to the office of Vice President, Apache Fineract, to serve in
 accordance with and subject to the direction of the Board of Directors
 and the Bylaws of the Foundation until death, resignation, retirement,
 removal or disqualification, or until a successor is appointed.

 Special Order 7B, Change the Apache Fineract Project Chair,
 was approved by General Consent.

15 Jul 2020 [Vishwas Babu A J / Bertrand]

## Description:
Apache Fineract (\’fīn-,ә-,rakt\) is an open source system for core banking as
a platform. Fineract provides a reliable, robust, and affordable solution for
entrepreneurs, financial institutions, and service providers to offer
financial services to the world’s 2 billion underbanked and unbanked.

## Issues:
There are no issues requiring board attention at this time.

## Membership Data:
Apache Fineract was founded 2017-04-18 (~3 years ago) There are currently 37
committers and 18 PMC members in this project. The Committer-to-PMC ratio is
roughly 2:1.

Community changes, past quarter:
- 1 new committer - Yemdjih Kaze Nasser

## Project Activity:

The Fineract community maintains two active projects.

Fineract 1.x - Current generation product which is widely used.


Fineract-CN - Next Generation framework which is still under active
development and has not been officially released


- Fineract 1.x

The 1.4 release is still pending as the community is working to find volunteer
release managers and maintainers to help cut the release. The community is
still anticipating a number of significant contributions for the 1.5 release
so would like to urgently get the 1.4 release shipped.  The community
recognizes that for the contribution model and upstream development to work
properly, contributions need to come from the individuals and committers
belonging to organizations building and using the software in production
environments (e.g. commercial solutions powered by Fineract). Despite a recent
uptick since April 2020 in contributions from volunteers and interns,
contributions from the ecosystem, especially ongoing maintenance and release
management from the ecosystem of expert fineract "users", is at relatively low
levels.

Three intern candidates have been brought on directly through Apache Software
Foundation for Google Summer of Code and are making great progress on
implementing checkstyles, refactoring the code, hardening the codebase,
upgrading core dependencies, implementing live API docs, migrating to
EclipseLink and more. In addition there is one Outreachy intern working on
some Fineract issues and several of the seventeen Mifos GSOC interns who are
contributing to Apache Fineract via Fineract CN Mobile, Credit Bureau
integration module, and more. To learn more about each intern, visit this blog
post from the Mifos Initiative at https://mifos.org/blog/gsoc-2020/.

PMC members, Awasum Yannick and Michael Vorburger are continuing to do timely
reviews of pull requests being submitted and have overseen a 5x increase in
the number of resolved ticket over the past quarter. Great work to their
leadership, hard work, and strong example they're setting for the rest of the
community.


- Fineract-CN

The community is still trying to push towards a stable first release of
Fineract CN centered around a minimum set of mature and stable microservices.
There is discussion regarding the twin goals of a) deployable MVP solution,
and b) base level of libraries to ensure upstream contribution models from the
organizations using the code in production. Progress is still slow on getting
the few organizations, actively using the codebase, and their expert "users",
to contribute back.  Focus is currently on sufficient deployment tools to make
the project more approachable for new devs.

Work is still ongoing to get the public demo server live. GSOC projects
related to live API documentation as well as additional UIs on top of Fineract
CN are in progress. Work is ongoing to provide an Open Banking API layer on
top of Fineract CN to all third party and trusted first-party apps to securely
connect.


## Community Health:

Both projects continue to retain healthy discussion with 534 mails sent to our
dev mailing list, which amounts to a minor seasonal (~25%) increase in traffic
compared to the previous quarter (425)

Activity rates on JIRA have seen a sharp increase (nearly 5x) thanks to the
tireless efforts of Michael Vorburger to encourage contributions, review pull
requests in a timely manner and recognize incoming contributions in a weekly
Fineract Weekly Resolved Issues update and Dashboard on JIRA. Thanks as well
to Petri and Awasum for their contributions, mentorship and reviews of code
along with our Fineract interns.

- Fineract 1.x.
- 200 JIRA tickets created in the last 3 months (50 in the previous quarter)
- 129 JIRA tickets resolved in last 3 months (26 in the previous quarter)

- Fineract CN
- 8 JIRA tickets created in the last 3 months (29 in the previous quarter)
- 0 JIRA tickets closed/resolved in the last 3 months (3 in the previous
 quarter)

Community members, Javier Borkenztain and Edward Cable, are working with the
ApacheCon committee to plan out a Fineract track for ApacheCon @Home.

15 Apr 2020 [Vishwas Babu A J / Patricia]

## Description:
Apache Fineract (\’fīn-,ә-,rakt\) is an open source system for core banking as
a platform. Fineract provides a reliable, robust, and affordable solution for
entrepreneurs, financial institutions, and service providers to offer
financial services to the world’s 2 billion underbanked and unbanked.

## Issues:
There are no issues requiring board attention at this time.

## Membership Data:
Apache Fineract was founded 2017-04-18 (~3 years ago) There are currently 36
committers and 18 PMC members in this project. The Committer-to-PMC ratio is
roughly 2:1.

Community changes, past quarter:
- No changes

## Project Activity:

The Fineract community maintains two active projects.

Fineract 1.x - Current generation product which is widely used.


Fineract-CN - Next Generation framework which is still under active
development and has not been officially released


- Fineract 1.x

The 1.4 release is still pending as the community is working to find volunteer
release managers and maintainers to help cut the release. The community is
anticipating a number of significant contributions for the 1.5 release so
would like to urgently get the 1.4 release shipped.

Several intern candidates are being evaluated for projects related to
hardening of the codebase, upgrading of core dependencies.

PMC members, Awasum Yannick and Michael Vorburger are continuing to do timely
reviews of pull requests being submitted.


- Fineract-CN

There is growing momentum around Fineract-CN with individuals from several
organizations looking to contribute back features and enhancements for the
deployments and ongoing projects. The current focus and aim of the committers
around Fineract CN is to identify the minimum set of mature and stable
libraries needed to establish a foundational framework, a minimum set of
functionality that can demonstrate an end to end solution on top of the
framework and sufficient DevOps tooling and scripts to more easily deploy the
framework.

Work is still ongoing to get the public demo server live. GSOC projects
related to live API documentation  as well as additional UIs on top of
Fineract CN are being explored. Work is ongoing to provide an Open Banking API
layer on top of Fineract CN to all third party and trusted first-party apps to
securely connect.


## Community Health:

Both projects continue to remain healthy with 425 mails sent to our dev
mailing list, which amounts to a minor seasonal (~4%) decrease in traffic
compared to the previous quarter.

Activity rates on Jira also remain stable

- Fineract 1.X
- 50 JIRA tickets created in the last 3 months (24 in the previous quarter)
- 26 JIRA tickets closed/resolved in the last 3 months (22 in the previous
 quarter)

- Fineract CN
- 29 JIRA tickets created in the last 3 months (15 in the previous quarter)
- 3 JIRA tickets closed/resolved in the last 3 months (39 in the previous
 quarter)

Community members, Javier Borkenztain and Edward Cable, are working the
ApacheCon committee to plan out a Fineract track for ApacheCon North America.

15 Jan 2020 [Vishwas Babu A J / Daniel]

## Description:
Apache Fineract (\’fīn-,ә-,rakt\) is an open source system for core banking as
a platform. Fineract provides a reliable, robust, and affordable solution for
entrepreneurs, financial institutions, and service providers to offer
financial services to the world’s 2 billion underbanked and unbanked.

## Issues:
There are no issues requiring board attention at this time.

## Membership Data:
Apache Fineract was founded 2017-04-18 (~3 years ago) There are currently 36
committers and 18 PMC members in this project. The Committer-to-PMC ratio is
roughly 2:1.

Community changes, past quarter:
 - Juhan Aasaru was added to the PMC on 2019-11-18.
 - Mohit Sinha was added as committer on 2019-12-02.

## Project Activity:

The Fineract community maintains two active projects.

Fineract 1.x - Current generation product which is widely used.


Fineract-CN - Next Generation framework which is still under active
development and has not been officially released


- Fineract 1.x

We are expecting to ship a major release (1.4) by the end of the month.


- Fineract-CN

Ongoing work around stabilizing containerization and deployment options.


## Community Health:

Both projects continue to remain healthy with 442 mails sent to our dev
mailing list, which amounts to a minor seasonal (~6%) decrease in traffic
compared to the previous quarter.

Activity rates on Jira also remain stable

- Fineract 1.X
 - 24 JIRA tickets created in the last 3 months (21 in the previous quarter)
 - 22 JIRA tickets closed/resolved in the last 3 months (18 in the previous
   quarter)

- Fineract CN
 - 16 JIRA tickets created in the last 3 months (15 in the previous quarter)
 - 39 JIRA tickets closed/resolved in the last 3 months (10 in the previous
   quarter)

16 Oct 2019 [Vishwas Babu A J / Craig]

## Description:
Apache Fineract (\’fīn-,ә-,rakt\) is an open source system for core banking as
a platform. Fineract provides a reliable, robust, and affordable solution for
entrepreneurs, financial institutions, and service providers to offer
financial services to the world’s 2 billion underbanked and unbanked.

## Issues:
There are no issues requiring board attention at this time.

## Membership Data:
Apache Fineract was founded 2017-04-18 (2 years ago) There are currently 35
committers and 17 PMC members in this project. The Committer-to-PMC ratio is
roughly 9:5.

Community changes, past quarter:
 - No new PMC members. Last addition was Courage Angeh on 2019-05-13.
 - No new committers. Last addition was Angel Cajas on 2019-04-26.

## Project Activity:

The Fineract community maintains two active projects.

Fineract 1.x - Current generation product which is widely used.


Fineract-CN - Next Generation framework which is still under active
development and has not been officially released


- Fineract 1.x

Shipping of release 1.4 has been delayed.

Over the past quarter, merged changes have been limited mostly to updates to
versions of project dependencies. There is ongoing work around migrating API
documentation to swagger (GSOC project) , fixing flakiness around test cases
and integrating open banking API's which are expected to be merged in the near
future.


- Fineract-CN

Major progress towards resolving pending category X dependencies , namely

 - RDBMS migrated from MySQL to PostgreSQL

 - Hibernate dependencies replaced with EclipseLink (GSOC project)

Further, thanks to Juhan Aasaru , major simplifications have been made with
regards to the containerization and the provisioning process.


## Community Health:

Both projects continue to remain healthy with 494 mails sent to our dev
mailing list. While the traffic was slightly higher in the previous quarter,
the same was attributed to a seasonal spike linked to activity around Google
Summer Of Code.

Activity rates on Jira also remain stable

- Fineract 1.X
 - 21 JIRA tickets created in the last 3 months (26 in the previous quarter)
 - 18 JIRA tickets closed/resolved in the last 3 months (14 in the previous
   quarter)

- Fineract CN
 - 15 JIRA tickets created in the last 3 months (20 in the previous quarter)
 - 10 JIRA tickets closed/resolved in the last 3 months (10 in the previous
   quarter)

17 Jul 2019 [Vishwas Babu A J / Myrle]

## Description:
Apache Fineract (\’fīn-,ә-,rakt\) is an open source system for core banking as
a platform. Fineract provides a reliable, robust, and affordable solution for
entrepreneurs, financial institutions, and service providers to offer
financial services to the world’s 2 billion underbanked and unbanked.

## Issues:
There are no issues requiring board attention at this time.

## Activity:

The Fineract community maintains two active projects.

Fineract 1.x - Current generation product which is widely used.


Fineract-CN - Next Generation framework which is still under active
development and has not been officially released


 - Fineract 1.x

A new major release (1.3) was shipped.

Ongoing work (shout-out to Michael Vorburger) around updating to newer
versions of dependencies for the next major release (1.4), likely to be
shipped in this quarter.

We have a GSOC student working on migrating our API documentation to Swagger.

 - Fineract-CN

Ongoing activity and discussions around ensuring license compliance in
preparation for an initial release. Additional details follow

   - Thanks to Juhan Aasaru, JFrog artifactory has been setup for all Fineract
     CN projects. This greatly simplifies our build process.

   - GSOC student working on migrating our RDBMS from MySQL to PostgreSQL and
     our ORM from Hibernate to another Apache compliant library


## Health report:
Both projects continue to remain healthy.

## PMC changes:

- Currently 17 PMC members.
- New PMC members:
- Courage Angeh was added to the PMC on Tue May 14 2019
- Isaac Kamga was added to the PMC on Thu Apr 25 2019

## Committer base changes:

- Currently 35 committers.
- New committers:
- Angel Cajas was added as a committer on Sat Apr 27 2019
- Juhan Aasaru was added as a committer on Fri Apr 19 2019

## Releases:

- Last release was 1.3.0 on Tue Apr 30 2019

## Mailing list activity:

No major changes in mailing list traffic


- dev@fineract.apache.org:
- 342 subscribers (up 9 in the last 3 months):
- 637 emails sent to list (707 in previous quarter)

- issues@fineract.apache.org:
- 16 subscribers (up 0 in the last 3 months):
- 369 emails sent to list (688 in previous quarter)


## JIRA activity:
No change in activity rates around both projects

 - Fineract 1.X
    - 26 JIRA tickets created in the last 3 months
    - 14 JIRA tickets closed/resolved in the last 3 months

 - Fineract CN
   - 20 JIRA tickets created in the last 3 months
   - 10 JIRA tickets closed/resolved in the last 3 months

17 Apr 2019 [Vishwas Babu A J / Phil]

## Description:
Apache Fineract (\’fīn-,ә-,rakt\) is an open source system for core banking as
a platform. Fineract provides a reliable, robust, and affordable solution for
entrepreneurs, financial institutions, and service providers to offer
financial services to the world’s 2 billion underbanked and unbanked.

## Issues:
There are no issues requiring board attention at this time.

## Activity:
The Fineract community maintains two active projects Fineract 1.x - Current
generation product which is widely used FIneract-CN - Next Generation
framework which is still under active development and has not been officially
released
 - Fineract 1.x A planned major release (1.3) was delayed with bug reports.
   This release is now in the voting phase and is expected to ship shortly.

 - FIneract-CN Ongoing activity around ensuring license compliance in
   preparation for an initial release. Additional details follow

   - POC for switching from MySQL to PostgreSQL in place

   - Ongoing activity related to improving the build process (setting up an
     artifactory)

   - Ongoing discussions and activity around simplifying the deployment
     process and setting up a demo server


## Health report:
Both projects continue to remain healthy.

## PMC changes:

 - Currently 16 PMC members.
 - New PMC members:
    - James Dailey was added to the PMC on Sun Mar 31 2019
    - Santosh Math was added to the PMC on Sat Mar 23 2019

## Committer base changes:

 - Currently 33 committers.
 - New commmitters:
    - Chirag Gupta was added as a committer on Wed Jan 30 2019
    - Sanyam Goel was added as a committer on Wed Jan 30 2019

## Releases:

 - Last release was 1.2.0 on Thu Dec 06 2018

## Mailing list activity:

Increased activity in the mailing lists can be largely attributed to our
participation in Google Summer Of Code.

 - dev@fineract.apache.org:
    - 330 subscribers (up 49 in the last 3 months):
    - 782 emails sent to list (437 in previous quarter)

 - issues@fineract.apache.org:
    - 16 subscribers (up 0 in the last 3 months):
    - 695 emails sent to list (778 in previous quarter)


## JIRA activity:
Increased activity around issue creation across both projects is linked to our
participation in GSOC

 - Fineract 1.X
    - 58 JIRA tickets created in the last 3 months
    - 34 JIRA tickets closed/resolved in the last 3 months

 - Fineract CN
   - 35 JIRA tickets created in the last 3 months
   - 6 JIRA tickets closed/resolved in the last 3 months

16 Jan 2019 [Vishwas Babu A J / Mark]

## Description:
Apache Fineract (\’fīn-,ә-,rakt\) is an open source system for core banking as
a platform. Fineract provides a reliable, robust, and affordable solution for
entrepreneurs, financial institutions, and service providers to offer
financial services to the world’s 2 billion underbanked and unbanked.

## Issues:
The Fineract community maintains two active projects Fineract 1.x - Current
generation product which is widely used FIneract-CN (including microservices
front end UI) - Next Generation framework which is still under active
development and has been officially released Release management on Fineract
1.x was largely led by contributors associated with "The Mifos Initiative".
For 2019, the indications are that these contributors shall be shifting their
attention to Fineract-CN. The PMC shall be closely monitoring the impact of
the same on the ability of the community to continue shipping timely releases
and responding to security issues raised around Fineract 1.x.

Signs of disengagement have been observed within the community due to lack of
clarity on the long term plans around Fineract 1.x and on-going delays in
releasing the initial version of Fineract-CN. Committers are initiating work
on publishing a roadmap for Fineract-CN which would answer key questions like
"would Fineract-CN be a drop-in replacement for Fineract 1.* ?" and provide
target timelines for key feature availability (and possibly feature parity
with commonly used modules in Fineract 1.x) on Fineract-CN.

## Activity:

Fineract 1.x A major release (1.2) has been shipped and committers are working
on shipping version 1.3 targeted for the 2nd week of January 2019

Fineract-CN Ongoing activity led by Isaac Kamga around improving build time
and ensuring license compliance in preparation for an initial release.

## Health report:
Both active projects continue to remain healthy.

## PMC changes:

 - Currently 14 PMC members.
 - Mexina Daniel was added to the PMC on Tue Oct 30 2018

## Committer base changes:

 - Currently 31 committers.
 - New commmitters:
    - Mark van Veen was added as a committer on Mon Oct 22 2018
    - James Dailey was added as a committer on Fri Oct 05 2018
    - Cabrel Kemfang was added as a committer on Fri Oct 26 2018

## Releases:

 - Fineract 1.2.0 was released on Thu Dec 06 2018

## Mailing list activity:
The user list has been merged into the more active dev list, which explains
the slight uptick in activity observed here.
 - dev@fineract.apache.org:
    - 277 subscribers (up 13 in the last 3 months):
    - 462 emails sent to list (440 in previous quarter)

 - issues@fineract.apache.org:
    - 16 subscribers (down -1 in the last 3 months):
    - 781 emails sent to list (258 in previous quarter)


## JIRA activity:
Fineract 1.X Slight uptick in issue creation and marked increase in issue
resolution

 - 27 JIRA tickets created in the last 3 months
 - 64 JIRA tickets closed/resolved in the last 3 months Fineract CN Marked
   decrease in both issue creation and resolution

 - 12 JIRA tickets created in the last 3 months
 - 10 JIRA tickets closed/resolved in the last 3 months

19 Dec 2018

Change the Apache Fineract Project Chair

 WHEREAS, the Board of Directors heretofore appointed Myrle Krantz
 (myrle) to the office of Vice President, Apache Fineract, and

 WHEREAS, the Board of Directors is in receipt of the resignation of
 Myrle Krantz from the office of Vice President, Apache Fineract, and

 WHEREAS, the Project Management Committee of the Apache Fineract
 project has chosen by vote to recommend Vishwas Babu A J (vishwasbabu)
 as the successor to the post;

 NOW, THEREFORE, BE IT RESOLVED, that Myrle Krantz is relieved and
 discharged from the duties and responsibilities of the office of Vice
 President, Apache Fineract, and

 BE IT FURTHER RESOLVED, that Vishwas Babu A J be and hereby is
 appointed to the office of Vice President, Apache Fineract, to serve in
 accordance with and subject to the direction of the Board of Directors
 and the Bylaws of the Foundation until death, resignation, retirement,
 removal or disqualification, or until a successor is appointed.

 Special Order 7I, Change the Apache Fineract Project Chair,
 was approved by Unanimous Vote of the directors present.

17 Oct 2018 [Myrle Krantz / Rich]

## Description

Apache Fineract (\’fīn-,ә-,rakt\) is an open source system for core banking as
a platform. Fineract provides a reliable, robust, and affordable solution for
entrepreneurs, financial institutions, and service providers to offer
financial services to the world’s 2 billion underbanked and unbanked.

## Issues

Pull request backlog for Fineract 1.x: there are 28 open pull requests.

## Activity

Two active development areas:

Fineract 1.x FIneract-CN (including microservices front end UI)

GSOC is winding down.  Fineract has four GSoC interns:

Dilpreet Singh Ebenezer Graham Ruphine Kengne Pembe Miriam

Newly selected committer, Aleksander Vidakovic is configuring the Apache VM
infrastructure for a public demo server for Fineract CN - a request for
additional infrastructure was made to Apache board and approved. Progress is
slow because we're all doing it in our free time.

OSCON - Fineract attendees included Myrle and Ed, both gave talks that
included Fineract articulation.

ApacheCon, keynote, three talks and a dinnertime meetup.  Fineract is
especially grateful that so many members of our project could attend on TAC.

Fineract CN APIs documentation initiated

Lowering barriers to contribution is being discussed, with the idea that
non-committers can also review pull requests.

Lazy consensus has been adopted and documented in Committer's Zone

Fineract 1.x was moved to gitbox to make merging PR's easier.

## Health report

Community development is ticking along, PR's are coming in.  On Fineract CN
they are mostly being merged; on Fineract 1.x we need to improve.  On the
whole, we're doing well.

## PMC changes

- Currently 13 PMC members.
- No new PMC members added in the last 3 months
- Last PMC addition was Awasum Yannick on Thu Apr 19 2018

## Committer base changes

- Currently 29 committers.
- New commmitters:
- James Dailey was added as a committer on Sat Oct 06 2018
- Shruthi Rajaram was added as a committer on Tue Sep 18 2018


## Releases

- 1.1.0 was released on Wed Apr 18 2018

## Mailing list activity:

- dev@fineract.apache.org:
- 264 subscribers (up 5 in the last 3 months):
- 448 emails sent to list (709 in previous quarter)

- issues@fineract.apache.org:
- 17 subscribers (up 0 in the last 3 months):
- 296 emails sent to list (302 in previous quarter)

- user@fineract.apache.org:
- 207 subscribers (up 10 in the last 3 months):
- 47 emails sent to list (39 in previous quarter)

## JIRA activity:

FINERACT 1.x & Fineract-CN together 373 open issues, many of these stale and
assigned to non-active members. Cumulative Flow Report shows increasing volume
of "to dos", a tiny percentage of "in progress" and a relatively stable number
of "done".

FINERACT project Jira creation is down and resolution is up.

- 14 JIRA tickets created in the last 3 months
- 12 JIRA tickets closed/resolved in the last 3 months

FINCN project tickets weren't previously being captured.  With FINCN added,
the numbers now look like this.  Future comparisons should be against these
numbers.

- 35 JIRA tickets created in the last 3 months
- 26 JIRA tickets closed/resolved in the last 3 months

18 Jul 2018 [Myrle Krantz / Phil]

## Description

Apache Fineract (\’fīn-,ә-,rakt\) is an open source system for core banking as
a platform. Fineract provides a reliable, robust, and affordable solution for
entrepreneurs, financial institutions, and service providers to offer
financial services to the world’s 2 billion underbanked and unbanked.

## Issues

PR backlog continues to grow including contributions from 2017 GSOC interns
and delays in moving towards a monthly release cycle for the 1.2 release and
beyond. There was little availability of PMC members to take on this burden so
a dedicated and funded individual is being supplied from the community to take
on these responsibilities.

## Activity

GSOC interns

4 interns are currently heads-down on their projects:

Dilpreet Singh of India is working on version 2 of the Fineract CN Mobile
Field Operations app including converting over to Kotlin, refactoring, and
adding in new features. Ebenezer Graham of Mauritius is working on a SMS/Email
microservice for Fineract CN Ruphine Kenge of Cameroon is implementing the
back-components for group management on Fineract CN Pembe Miriam of Cameroon
is implementing the web user interface for group-based lending and
microfinance services on Fineract CN. Newly selected committer, Aleksander
Vidakovic is configuring the Apache VM infrastructure for a public demo server
for Fineract CN - a request for additional infrastructure is being made to
Apache board.

Marketing: Myrle co-presented with Justin McLean on Fineract and the Incubator
at FOSS Backstage..  Myrle promoted Fineract via feathercast with many thanks
to Rich Bowen.

At least 5 members of the community will be in attendance at ApacheCon and two
talks including a keynote will be given. Talks are being prepared now.

Fineract CN APIs have been documented using Spring REST Docs by Isaac Kamga
and are temporarily available on
http://smartfinance.tech/fineract-cn-api-docs/.

## Health report

PR's backlog continues to be an issue.

## PMC changes

- Currently 14 PMC members.
- Awasum Yannick was added to the PMC on Thu Apr 19 2018

## Committer base changes

- Currently 27 committers.
- New commmitters:
- Aleksandar Vidakovic was added as a committer on Sat Apr 28 2018
- Courage Angeh was added as a committer on Thu Apr 12 2018
- Steve Conrad was added as a committer on Wed Mar 28 2018



## Releases

- 1.1.0 was released on Wed Apr 18 2018



## Mailing list activity:

Mailing list activity is down slightly across all lists.  This is a little
surprising; with the additional traffic from the GSoC interns I would have
expected *more* emails not less.

- dev@fineract.apache.org:
- 257 subscribers (up 14 in the last 3 months):
- 709 emails sent to list (752 in previous quarter)

- issues@fineract.apache.org:
- 17 subscribers (up 0 in the last 3 months):
- 302 emails sent to list (333 in previous quarter)

- user@fineract.apache.org:
- 195 subscribers (up 15 in the last 3 months):
- 39 emails sent to list (55 in previous quarter)


## JIRA activity:
Jira activity is up significantly from last quarter, but nowhere close to the
activity of the quarter before that.

- 27 JIRA tickets created in the last 3 months
- 9 JIRA tickets closed/resolved in the last 3 months

18 Apr 2018 [Myrle Krantz / Phil]

## Description

Apache Fineract (\’fīn-,ә-,rakt\) is an open source system for core banking as
a platform. Fineract provides a reliable, robust, and affordable solution for
entrepreneurs, financial institutions, and service providers to offer
financial services to the world’s 2 billion underbanked and unbanked.

## Issues

## Activity

We've added committers.

We've started adapting Fineract CN (formerly mifos i/o) to its new home at
Apache. There is still a lot of work to do, and it isn't all captured in
tickets yet.  In particular, Fineract CN is not yet through IP clearance with
the incubator.  Those committers interested in Fineract CN are having trouble
keeping up with the significant interest from contributors.

We've almost released 1.1 containing the following major improvements:

-- Integration of data import tool and enhancements for usability and better
   performance

-- Integration of staff notifications framework including the introduction of
   a topic-subscriber model architecture

-- Support for two-factor authentication with OTP delivery via SMS or email
   and the configuration of remember-me tokens

-- Create and schedule ad-hoc queries to run and generate reports.

-- Support for equal installments with equal amortization of principal and
   interest.

## Health report

We are struggling again with unmerged pull requests. Currently, the oldest
open pull request is from May 2016.The number of open pull requests has
increased from from 16 to 23. Of these, only 9 have received no comment.  The
oldest of those 9 is from November 2017. However it is not that these are
lacking attention as we've tagged several of these pull requests for the next
release, Fineract 1.2, but are still awaiting review of these from committers
who have little time to do so yet.

In an effort to move towards more regular time-driven releases (monthly), we
successfully transferred knowledge about the release process to several
additional committers but have still become bottlenecked in release management
with committers not having time to review the tagged pull requests.

Efforts are also under way to utilize Apache virtual machine infrastructure to
set up a publicly accessible demonstration instance for Fineract CN. Progress
is stalled though as the committers who have volunteered for the effort don't
have the requisite knowledge to complete the task and the volunteers willing
and able to do the work need to be added as committers.

Discussion led by Yannick Awasum has begun around addressing the hibernate
dependency in Fineract CN which needs to be addressed prior to any release;
unfortunately there has been little to no participation from other community
members in this regard.

Functional discussion around features for the Fineract CN roadmap have begun
but are also proceeding more slowly than desired. Discussion related to key
components for migration of users of Fineract 1.x to Fineract CN (i.e. group
lending support, data migration tools, etc.) has been lacking and once again
it relates to low input from our PMC and older committers.

Discussion led by individual product management volunteers around domain areas
such as machine learning and credit analysis, reporting, regulatory
compliance, etc. is ongoing but slow as well.

Documentation for Fineract CN is growing and Isaac Kamga has led a webinar on
customizing a microservice. He is also leading work on live documentation of
APIs via Spring REST Docs which will be made available in the upcoming
quarter. Nonetheless, more documentation is needed and we continue to recruit
volunteers to take on these tasks.

Evaluation of students for Google Summer of Code is taking place with an
emphasis on projects related to Fineract CN including a data import tool,
additional microservices, containerization, enhancements to Fineract CN
mobile, and support for group-based lending operations.

We continue to add committers at a steady clip.  We haven't had any new PMC
members in a while however.

The addition of new committers and ideally the addition of new PMC members is
essential right now as a good proportion of the current base of our PMC
(primarily the original set of PMC members adding during incubation) have been
idle and providing little active contribution. New committers and PMC members
have been taking up additional work loads but are being overwhelmed with
requests to assist.

## PMC changes

- Currently 13 PMC members.
- No new PMC members added in the last 3 months
- Last PMC addition was Avik Ganguly on Sat Oct 14 2017

## Committer base changes

- Currently 25 committers.
- New commmitters:
   - Courage Angeh was added as a committer on Thu Apr 12 2018
   - Steve Conrad was added as a committer on Wed Mar 28 2018
   - Isaac Kamga was added as a committer on Mon Mar 19 2018
   - Rajan Maurya was added as a committer on Mon Mar 05 2018

## Releases

 - 1.1.0 was released on Wed Apr 18 2018

## Mailing list activity:
- Subscriber counts to dev, user, and issues have been steadily increasing.
- For the first time in two quarters email counts actually are comparable with
  previous quarters after our mid-September rearrangement of what e-mails are
  sent to which lists.

- dev@fineract.apache.org:
- 243 subscribers (up 39 in the last 3 months):
- 807 emails sent to list (664 in previous quarter)

- issues@fineract.apache.org:
- 17 subscribers (up 5 in the last 3 months):
- 342 emails sent to list (247 in previous quarter)

- user@fineract.apache.org:
- 179 subscribers (up 18 in the last 3 months):
- 59 emails sent to list (146 in previous quarter)


## JIRA activity:
- Jira ticket creation has been down significantly, but the existing JIRA
  tickets are getting more traffic than in the last quarter.

- 19 JIRA tickets created in the last 3 months
- 4 JIRA tickets closed/resolved in the last 3 months

21 Feb 2018 [Myrle Krantz / Shane]

## Description:

Apache Fineract (\’fīn-,ә-,rakt\) is an open source system for core banking as
a platform. Fineract provides a reliable, robust, and affordable solution for
entrepreneurs, financial institutions, and service providers to offer
financial services to the world’s 2 billion underbanked and unbanked.


## Issues:

17 Jan 2018 [Myrle Krantz / Mark]

## Description

Apache Fineract (\’fīn-,ә-,rakt\) is an open source system for core banking as
a platform. Fineract provides a reliable, robust, and affordable solution for
entrepreneurs, financial institutions, and service providers to offer
financial services to the world’s 2 billion underbanked and unbanked.

## Issues

## Activity

We've added committers.

We've voted on and accepted Fineract CN (formerly mifos i/o) and imported the
code into gitbox repositories.  We've made progress in deciding how to do
issue tracking, and release management on this code.

We announced the SQL-injection security vulnerability (CVE-2017-5663) which
was fixed in Apache Fineract 1.0.0.

The Mifos Initiative has involved us in Google Code In so we've had the
pleasure of making the acquaintance of many young, up-and-coming programmers
who are introducing themselves on our list. To date we've interacted with 245
students who are all working on a wide range of coding and non-coding
projects.

The Apache Fineract 1.1.0 release is soon to be ready for a vote. The
community has been doing extensive QA cycles. It will include a number of the
GSOC projects including the data import tool enhancements, two-factor
authentication, notifications framework, static analysis and more.

A vote to accept in a code donation from the Mifos Initiative of the Fineract
CN Mobile app developed by Apache Fineract 2017 GSOC intern, Rajan Maurya is
underway and should be complete before the January 17 board meeting.

Google Summer of Code 2018 applications are open now for mentoring
organizations. The Mifos Initiative plans to apply to mentor projects on both
Mifos X and Apache Fineract 1.0/CN which would be in addition to any
participation under Apache Software Foundation as an umbrella organization.

## Health report

We've made progress on our unmerged pull requests.  Documenting the process
for merging and closing pull requests in the Fineract confluence seems to have
helped.  At the time of our last board report, the oldest open pull request
was from March 2016. Currently, we've reduced the number of open pull requests
from 47 to 16.  Unfortunately many had to be closed without merging. Those
that remain are still quite old.

We also were able to resolve several outstanding issues with respect to
committers for whom ICLAs or Apache ids were missing, so that there are no
longer any voted in committers who are not on the roster.  Several of the
committers listed below in "committer base changes" were voted in and
announced significantly earlier.

## PMC changes

 - Currently 13 PMC members.
 - Avik Ganguly was added to the PMC on Sat Oct 14 2017

## Committer base changes

 - Currently 22 committers.
 - New commmitters:
    - Avik Ganguly was added as a committer on Tue Oct 03 2017
    - Awasum Yannick was added as a committer on Mon Nov 20 2017
    - Ayuk Etta was added as a committer on Wed Nov 15 2017
    - Mexina Daniel was added as a committer on Wed Nov 15 2017
    - Nayan Ambali was added as a committer on Fri Nov 17 2017
    - Nikhil Pawar was added as a committer on Wed Oct 04 2017
    - Thynn Win was added as a committer on Tue Dec 12 2017
    - Zayyad A. Said was added as a committer on Fri Nov 17 2017

## Releases

- Released version 1.0.0
  https://dist.apache.org/repos/dist/release/fineract/1.0.0/ on June 1, 2017.



## Mailing list activity:
- Subscriber counts to dev and user have been slightly but steadily
  increasing. The number of new subscribers who introduce themselves has seen
  a significant uptick, but is mostly Google Code In students.  Not all of
  them will remain with the project.
- Email counts are not completely comparable with previous quarters because in
  mid-September we rearranged what e-mails are sent to which lists. Those
  changes may have also driven changes in subscriber count to the issues and
  commits mailing lists. Hopefully, those changes will also make our dev list
  more attractive for newcomers.  This was also mentioned in our previous
  report

 - dev@fineract.apache.org:
    - 199 subscribers (up 39 in the last 3 months):
    - 659 emails sent to list (712 in previous quarter)

 - issues@fineract.apache.org:
    - 12 subscribers (up 0 in the last 3 months):
    - 241 emails sent to list (204 in previous quarter)

 - user@fineract.apache.org:
    - 160 subscribers (up 17 in the last 3 months):
    - 143 emails sent to list (106 in previous quarter)


## JIRA activity:
- Jira activity has been up slightly.

 - 55 JIRA tickets created in the last 3 months
 - 28 JIRA tickets closed/resolved in the last 3 months

18 Oct 2017 [Myrle Krantz / Chris]

## Description

Apache Fineract (\’fīn-,ә-,rakt\) is an open source system for core banking as
a platform. Fineract provides a reliable, robust, and affordable solution for
entrepreneurs, financial institutions, and service providers to offer
financial services to the world’s 2 billion underbanked and unbanked.

## Issues
- Respond to the board's question: "If Mifos I/O was always intended for
Fineract, why wasn't it part of the project from its inception?"

Before I answer, first some history about Mifos I/O:

Markus has been thinking about and planning a rearchitecting of MifosX since
before it entered incubation at Apache under the name Fineract in December
2015.  Besides his other duties he spent much of the time up till March 2016
gathering stakeholder support.

In March, the Mifos Initiative sponsored Mifos Tech Days in Amsterdam to which
all Fineract committers were invited (though not all could attend).  At that
conference, Markus introduced his architecture, and early versions of some of
the command processing code.  Videos of those talks were made and put online.

Then Markus and Myrle went into heads-down mode designing the security
concept, the accounting module, and other basic building blocks for the new
architecture. In August Mark joined us and started work on a new UI designed
to be capable of being ALV2 licensed according to the ASF's constraints,
unlike the current Mifos community app. During this period we wanted to work
with just the three of us in order to develop a clear architectural vision
before we presented it to the community. We were new to Apache (Fineract was
still in incubating), and didn't realize that we were violating the spirit of
the "no off-list communications" rule. The code we were producing is not part
of Fineract, and we never planned to introduce it without community buy-in, so
it seemed a reasonable way to work to us. Early 2017, we changed the code to a
public repository.  We did a renaming and restructuring at the same time,
during which we gave up the commit history.  For this reason, you won't see
the history before that point.

In March Markus, Mark, and Myrle switched to a new employer named Kuelap,
founded as a for-profit with the intention of making the same social mission
that Mifos pursues fiscally sustainable. We have continued to work on the
source code of Mifos I/O, preparing it for deployment.  Mifos I/O currently
consists of nearly 30 github repositories.

When we first addressed this structure on our mailing list, we understood Greg
Stein's response to be a veto against spreading code across multiple
repositories for a project.  Not long after those comments from Greg, Greg
took charge of Apache Infra.  For this reason, Myrle put careful consideration
into the question of why we actually wish to work this way and produced an
in-depth explanation which she presented at ApacheCon in November 2016 in
Seville.  Before it was clear that Apache would accept a multiple repo
approach, this was a technical obstacle to introducing the code to the
community.

In April of 2017 Fineract graduated to a top-level project at Apache.

Between the funding pressures of founding a start-up, the customer pressures
involved in pilots, and the time-pressures that graduating a top-level project
have produced, we haven't had the time to campaign for community buy-in that
we'd like.

At this point the source-code is extensive.  The community wouldn't work if we
just threw this into everyone's lap and said: "here: this is your new
code-base".  Even if we got the votes, people wouldn't be able to work
effectively.

So we're slowly trying to collect the community and help them understand the
new code well enough to make an informed decision about whether they wish to
accept it. While we have done considerable development off-list, we've been
quite open about this fact.  We are not quietly introducing off-list code into
the code-base without community buy-in.  Myrle has already made clear that she
hopes to get *all* committers on board before we begin the process of IP
clearance and code moving.

## Activity

We've added three new committers and one new PMC member. We've added new
moderators to the mailing lists.

GSoC projects have finished, and are waiting to be merged. These projects
which were led by interns on the Mifos Initiative and Apache include
two-factor authentication, a notifications framework, data import tool
enhancements, credit bureau integration, GSIM/GLIM, security fixes from static
analysis, and changes made to API structure for Swagger API documentation.

We are looking towards participating in GCI (google code in) and digital
ocean's Hacktoberfest.

We've begun discussions on bringing the Fineract CN code into the Fineract
code base.  Kuelap is hosting a demo-server for those who want to see what it
looks like.

We're also considering a point release which will contain some of these
changes.

The Mifos Initiative has engaged a number of individual volunteers who are
working across the community on the following projects but not directly
contributing code: Denila Philip, product management volunteer, has taken over
guiding requirements and product managing the mobile money gateway which is a
critical project for Apache Fineract but has dragged on for a couple of years
and through two GSoC internship cycles.

Ramesh Padmanabhan, an executive-level network engineer, is conducting
interviews with partners across the community to document their cloud
configuration and hosting environments to help build out toolkits,
documentation containerization and hosting of forthcoming cloud-native
architectures.

Kristen Perchal, a BCG consultant, who is conducting interviews with
individuals across the community to understand their roadmap development
process and document previous strengths and weaknesses of engagement with the
community on roadmaps to help advance a collective community-driven roadmap
process with the ongoing transitions in the software and community.

Aditya Oturkar, a project manager at Analog Devices, on documenting
requirements for Drag and Drop/Ad-Hoc style reporting in Apache Fineract.
Mabawonku Bolarinwa, a business analyst/microfinance practitioner from
Nigeria, on documenting the credit bureau integration requirements for
Nigeria.

## Health report

The biggest threat to our project is the long list of unmerged pull requests
on the Fineract code base.  The oldest open pull request is still from March
2016. This problem is worsening with the contributions of the recent GSoC
interns added to the "pile".  We hope that the addition of several new
committers who have experience and are still actively developing on Apache
Fineract 1.0 will lead to progress on this issue.  Avik in particular has
started reviewing and commenting on older pull requests.

While adding to the backlog of pull requests a positive sign of health in the
community are the contributions of code from a number of new partners in the
community including several modifications made by the BOWPI team from
Guatemala, GSIM/GLIM changes made by the iDT Labs team in Sierra Leone, and
changes made by R116 Solutions for Mentors International in Latin America.

The addition of the Fineract CN code base, though not yet voted in, is also
both a sign of activity, and a contributor to the problem.  We're a small
community and only about a third of the committer base are active coders.
Those of us who are programmers have been splitting our efforts between two
code bases.  We still need more committers.  Should we vote in the Fineract CN
codebase, we cannot afford to let pull requests there linger too.

In all though, the increase in discussion around the health of our project,
and the addition of Fineract CN indicates there is a baseline of interest by
contributors in our project that can continue to drive the project.

## PMC changes
- Currently 13 PMC members.
- Last PMC addition was Avik Ganguly last week.

## Committer base changes
- Currently 18 committers.
- New committers:
- Avik Ganguly was added as a committer on Tue Oct 03 2017
- Ippez Robert was added as a committer on Mon Aug 21 2017
- Nikhil Pawar was added as a committer on Wed Oct 04 2017
- Santosh Math was added as a committer on Fri Aug 18 2017 plus two committers
not in the Apache records: Zayyad Said (who was voted in in March, and has not
yet returned an ICLA) and Nayan Ambali (who has provided an ICLA, but has not
yet received an Apache ID).

## Releases
- Released version 1.0.0
https://dist.apache.org/repos/dist/release/fineract/1.0.0/ on June 1, 2017.
- The Mifos Initiative has issued a Mifos X release based on the current
Apache Fineract code.

## Mailing list activity
 -  Subscriber counts to dev and user have been slightly but steadily
   increasing. The number of new subscribers who introduce themselves has seen
   a slight uptick, which is nice.
- Email counts are not completely comparable with previous quarters because in
mid-September we rearranged what e-mails are sent to which lists. Those
changes may have also driven changes in subscriber count to the issues and
commits mailing lists. Hopefully, those changes will also make our dev list
more attractive for newcomers.

- dev@fineract.apache.org:
   - 160 subscribers (up 16 in the last 3 months):
   - 707 emails sent to list (969 in previous quarter)

- issues@fineract.apache.org:
   - 12 subscribers (up 4 in the last 3 months):
   - 200 emails sent to list (248 in previous quarter)

- user@fineract.apache.org:
   - 140 subscribers (up 15 in the last 3 months):
   - 106 emails sent to list (41 in previous quarter)

## JIRA activity
- Jira activity has been down somewhat.
- 44 JIRA tickets created in the last 3 months
- 20 JIRA tickets closed/resolved in the last 3 months

16 Aug 2017 [Myrle Krantz / Chris]

## Description:
 - Apache Fineract (\’fīn-,ә-,rakt\) is an open source system for core
banking as a platform. Fineract provides a reliable, robust, and affordable
solution for entrepreneurs, financial institutions, and service providers to
offer financial services to the world’s 2 billion underbanked and unbanked.

## Issues:

## Activity:
- Feature work includes additional reports, blocks and holds for savings
accounts, rescheduling bulk loans, pre-defining customer sms and e-mails
notification, improvements in credit bureau integration, support for
surveys, and support for two factor authentication.
- GSOC interns on Apache Fineract and the Mifos Initiative are making good
progress on their projects related to the platform.
Alex Ivanov is ahead of schedule on the Two Factor Authentication project
under mentorship of Avik Ganguly
Thisura Philips has been making multiple pull requests to fix issues found
during his static analysis of the code base under mentorship of Mark
Reynolds
Sanyam Goel is continuing to integrate the APIs with Swagger for live API
documentation under the mentorship of Aleksandar Vidakovic
Nikhil Pawar is finalizing integration with the Equifax Credit Bureau as
part of his project under the mentorship of Nazeer Sheik.
Courage Angeh is adding in additional back-end support for our
notifications framework to deliver staff notifications across various apps
powered by Apache Fineract with the guidance of Pranjal Goswami.
Vladimir Fomene is implementing a brand new database design for a mobile
money bridge integrating with Apache Fineract with support from Ayuk Etta
and Antony Omeri

Developers from R116 with support from Mentors International have built and
added in enhancements to building reports directly via SQL queries in the
platform.
- The community has begun discussing taking over the Mifos I/O code base
(https://github.com/mifosio).  This code has, from its inception, been
intended for Apache Fineract. Still, there are a few issues that need to be
resolved before we're ready for this.
- Adoptions and deployments of Apache Fineract in Guatemala, Germany, and
Nigeria are proceeding along smoothly and beginning to scale on the
platform. Members of those terms are working with the community on their
implementations.

## Health report:
 - The project remains healthy. Activity levels on mailing lists, git and
JIRA remain mostly constant, or have very slight upticks.
 - Many community functions are filled by only one person.  The mailing
list has only one moderator; all merges are being performed by one
committer; only one committer is serving as a release manager.
 - We have 38 open pull requests stretching back over a year. We need to do
a better job of reacting to pull requests.

## PMC changes:

 - Currently 12 PMC members.
 - No new PMC members added in the last 3 months
 - Last PMC addition was Jim Jagielski on November 3rd, 2016.

## Committer base changes:
 - Currently 15 committers.
 - One addition still getting setup: Santosh Math was voted in and
announced this week.
 - Last committer additions before that were Zayyad Said and Robert Ippez
on March 13th, 2017.

## Releases:

 - Released version 1.0.0
https://dist.apache.org/repos/dist/release/fineract/1.0.0/ on June 1 2017.
 - The Mifos Initiative has issued a Mifos release based on the current
Apache Fineract code.

## Mailing list activity:

Requests for help on the user list continue to be answered in a prompt and
friendly manner.

 - dev@fineract.apache.org:
    - 148 subscribers (up 9 in the last 3 months):
    - 1046 emails sent to list (783 in previous quarter)

 - issues@fineract.apache.org:
    - 8 subscribers (up 0 in the last 3 months):
    - 262 emails sent to list (167 in previous quarter)

 - user@fineract.apache.org:
    - 124 subscribers (up 9 in the last 3 months):
    - 66 emails sent to list (65 in previous quarter)


## JIRA activity:

 - 50 JIRA tickets created in the last 3 months
 - 44 JIRA tickets closed/resolved in the last 3 months

19 Jul 2017 [Myrle Krantz / Brett]

No report was submitted.

@Brett: pursue a report for Fineract

21 Jun 2017 [Myrle Krantz / Chris]

## Description:
 - Apache Fineract (\’fīn-,ә-,rakt\) is an open source system for core
banking as a platform. Fineract provides a reliable, robust, and
affordable solution for entrepreneurs, financial institutions, and
service providers to offer financial services to the world’s 2 billion
underbanked and unbanked.


## Issues:
 - There are no issues requiring board attention at this time.

## Activity:
 - Released version 1.0.0.
 - Mentoring GSOC interns


## Health report:
 - The project remains healthy. Activity levels on mailing lists, git
and JIRA remain mostly constant. Release voting was a little slow.


## PMC changes:

 - Currently 12 PMC members.
 - No new PMC members added in the last 3 months
 - Last PMC addition was Jim Jagielski on November 3rd, 2016.

## Committer base changes:


 - Currently 14 committers.
 - No changes (the PMC was established in the last 3 months)
 - Last committer additions were Zayyad Said and Robert Ippez on March
13th, 2017.


## Releases:

 - Released version 1.0.0
https://dist.apache.org/repos/dist/release/fineract/1.0.0/ on June 1.


## Mailing list activity:

Requests for help on the user list continue to be answered in a prompt
and friendly manner.

 - dev@fineract.apache.org:
    - 144 subscribers (up 21 in the last 3 months):
    - 938 emails sent to list (1138 in previous quarter)

 - issues@fineract.apache.org:
    - 8 subscribers (up 0 in the last 3 months):
    - 212 emails sent to list (180 in previous quarter)

 - user@fineract.apache.org:
    - 123 subscribers (up 19 in the last 3 months):
    - 39 emails sent to list (102 in previous quarter)


## JIRA activity:

Tickets created and tickets closed are holding parity.

 - 60 JIRA tickets created in the last 3 months
 - 59 JIRA tickets closed/resolved in the last 3 months

17 May 2017 [Myrle Krantz / Brett]

## Description:

Apache Fineract (\’fīn-,ә-,rakt\) is an open source system for core banking as a
platform. Fineract provides a reliable, robust, and affordable
solution for entrepreneurs, financial institutions, and service
providers to offer financial services to the world’s 2 billion
underbanked and unbanked.

## Issues:

There are no issues requiring board attention at this time.

## Activity:

Apache Fineract graduated on April 19, 2017 and has been engaged in press work
to announce the graduation, content work to remove incubation disclaimers, and
coordination with Infra for the necessary adjustments there.

Apache Fineract will be mentoring three students for the 2017 Google Summer of
Code. Rajan Maurya from India will be working on a new Android field officer app
based on use cases in Latin America. Sanyam Goel from India will be working on
live REST API documentation using Swagger. Nikhil Pawar from the USA will be
working on extended and enhancing the credit bureau integration module.

## Health report:

The project remains healthy. Activity levels on mailing lists, git and
JIRA remain constant.

## PMC changes:
 - Currently 12 PMC members.
 - No new PMC members added in the last 3 months.
 - Last PMC addition was Jim Jagielski on November 3rd, 2016.

## Committer base changes:
 - Currently 14 committers.
 - 2 new committers added in the last 3 months.
 - Last committer additions were Zayyad Said and Robert Ippez on March 13th, 2017.

## Releases:

The last release was announced on January 17th, 2017,
https://dist.apache.org/repos/dist/release/incubator/fineract/0.6.0-incubating/

We have started the process of next release.

## Mailing list activity:

 - dev@fineract.apache.org:
     - 141 subscribers (up 27 in the last 3 months):
     - 860 emails sent to list (864 in previous quarter)

 - user@fineract.apache.org:
     - 113 subscribers (up 15 in the last 3 months):
     - 65 emails sent to list (71 in previous quarter)

## JIRA activity:

 - 73 JIRA tickets created in the last 3 months
 - 69 JIRA tickets closed/resolved in the last 3 months

19 Apr 2017

Establish the Apache Fineract Project

 WHEREAS, the Board of Directors deems it to be in the best
 interests of the Foundation and consistent with the
 Foundation's purpose to establish a Project Management
 Committee charged with the creation and maintenance of
 open-source software, for distribution at no charge to the
 public, related to a core banking platform that provides a reliable,
 robust, and affordable solution for entrepreneurs, financial
 institutions, and service providers to offer financial
 services to the world's underbanked and unbanked.

 NOW, THEREFORE, BE IT RESOLVED, that a Project Management
 Committee (PMC), to be known as the "Apache Fineract Project",
 be and hereby is established pursuant to Bylaws of the
 Foundation; and be it further

 RESOLVED, that the Apache Fineract Project be and hereby is
 responsible for the creation and maintenance of software
 related to a core banking platform that provides a reliable,
 robust, and affordable solution for entrepreneurs, financial
 institutions, and service providers to offer financial
 services to the world's underbanked and unbanked; and be it further

 RESOLVED, that the office of "Vice President, Apache Fineract" be
 and hereby is created, the person holding such office to
 serve at the direction of the Board of Directors as the chair
 of the Apache Fineract Project, and to have primary responsibility
 for management of the projects within the scope of
 responsibility of the Apache Fineract Project; and be it further

 RESOLVED, that the persons listed immediately below be and
 hereby are appointed to serve as the initial members of the
 Apache Fineract Project:

 * Vishwas Babu AJ <vishwasbabu@apache.org>
 * Edward Cable <edcable@apache.org>
 * Markus Geiss <mage@apache.org>
 * Sander van der Heyden <sheyden@apache.org>
 * Ishan Khanna <ishan1604@apache.org>
 * Myrle Krantz <myrle@apache.org>
 * Terence Monteiro <terencemo@apache.org>
 * Adi Nayaran Raju <rajuan@apache.org>
 * Gaurav Saini <gsaini@apache.org>
 * Nazeer Hussain Shaik <nazeer1100126@apache.org>
 * Jim Jagielski <jim@apache.org>
 * Michael Vorburger <vorburger@apache.org>

 NOW, THEREFORE, BE IT FURTHER RESOLVED, that Myrle Krantz
 be appointed to the office of Vice President, Apache Fineract, to
 serve in accordance with and subject to the direction of the
 Board of Directors and the Bylaws of the Foundation until
 death, resignation, retirement, removal or disqualification,
 or until a successor is appointed; and be it further

 RESOLVED, that the initial Apache Fineract PMC be and hereby is
 tasked with the creation of a set of bylaws intended to
 encourage open development and increased participation in the
 Apache Fineract Project; and be it further

 RESOLVED, that the Apache Fineract Project be and hereby
 is tasked with the migration and rationalization of the Apache
 Incubator Fineract podling; and be it further

 RESOLVED, that all responsibilities pertaining to the Apache
 Incubator Fineract podling encumbered upon the Apache Incubator
 Project are hereafter discharged.

 Special Order 7D, Establish the Apache Fineract Project, was
 approved by Unanimous Vote of the directors present.

27 Feb 2017

Fineract is an open source system for core banking as a platform.

Fineract has been incubating since 2015-12-15.

Three most important issues to address in the move towards graduation:

 1. Addressing areas of concern raised by community based on our Maturity
    Evaluation including:
    * Full documentation of our release management process
    * Implementation of Findbugs to show commitment to quality of code
    * Preparation of our community to respond any security threats or
      vulnerabilities that are reported.
    * Improvement of backwards compatibility of APIs and communication of
      breaking changes with each release.
    * Updating Apache Fineract webpage with latest releases.
 2. Adding new committers and contributors to the project.
 3. Continuing to move over additional documentation and providing full
    clarity to our community on how and where to report issues via the
    issue tracker.

Any issues that the Incubator PMC (IPMC) or ASF Board wish/need to be
aware of?



How has the community developed since the last report?

 * Community continues to stay strongly engaged on the mailing lists with
   active reporting of issues via the mailing list and issue tracker.

How has the project developed since the last report?

 * The community has made 2 additional releases since the last report.
   * Our second release was made on December 21, 2016 with three binding
     votes from the community.
   * Our third release was made on January 17, 2017  with three binding
     votes from the community.

Date of last release:

 2017-01-17

When were the last committers or PPMC members elected?

 2016-05-16

Signed-off-by:

 [ ](fineract) Ross Gardler
 [ ](fineract) Greg Stein
 [X](fineract) Roman Shaposhnik

16 Nov 2016

Fineract is an open source system for core banking as a platform.

Fineract has been incubating since 2015-12-15.

Three most important issues to address in the move towards graduation:

 1. With the first official incubation release out, we want to work on
    getting frequent successful incubation releases shipped to the community
    on a monthly basis.
 2. Adding new committers and contributors to the project along with
    empowering volunteers and support partner organizations in the community
    to contribute to the codebase while using the project infrastructure.
 3. Resolving the questions around introduction of a rework of the original
    code – in particular repository/infrastructure/release questions which
    result from the microservice architecture

Any issues that the Incubator PMC (IPMC) or ASF Board wish/need to be
aware of?

How has the community developed since the last report?

 * With the first official incubation release out, we look add several new
   committers who have worked on modules and features that will soon be
   merged into the release.
 * The community is more involved and engaged in asking questions on the
   developer and user mailing lists. We are working to ensure that all
   inquiries are actively addressed and more discussions regarding
   functionality and design occur on the mailing lists.

How has the project developed since the last report?

 * Our first release was made on October 25, 2016. We received 4 binding
   votes from the community.
 * Significant work was led by the Mifos core development team to address the
   licensing issues with a dependency on Hibernate and replacing it with
   OpenJPA - details on the code changes made and the challenges overcome can
   be found at https://youtu.be/C4lXtXY-MY4

Date of last release:

 2016-10-25

When were the last committers or PMC members elected?

 2016-05-05

Signed-off-by:

 [ ](fineract) Ross Gardler
 [X](fineract) Greg Stein
 [X](fineract) Roman Shaposhnik

Shepherd/Mentor notes:

 Roman Shaposhnik:

   Next item on the immediate TODO list for the community is to master
   releases of binary convenience artifacts.

21 Sep 2016

Fineract is an open source system for core banking as a platform.

Fineract has been incubating since 2015-12-15.

Three most important issues to address in the move towards graduation:

 1. Getting a first release out – we are still inhibited by Hibernate issues
    which are more deeply rooted than we realized.
 2. Moving the community from the Mifos infrastructure to the Apache
    infrastructure – most discussions are taking place out of public view.
 3. Resolving the questions around introduction of a rework of the original
    code – in particular repository/infrastructure/release questions which
    result from the microservice architecture.


Any issues that the Incubator PMC (IPMC) or ASF Board wish/need to be
aware of?

 The person who creates and submits the board reports will cease to perform
 this task until the code rework is ready to be introduced to the community.
 It is possible that this will endanger the board reports.

How has the community developed since the last report?

 Several prospective new committers have recently joined the Mifos community
 through Google Summer of Code and as new partners that we are working to
 add as committers to the Apache Fineract.

How has the project developed since the last report?

 We have tried and failed to produce an apache release again.  A release was
 produced by the mifos community outside of apache and announced on the
 apache fineract user list.

 The release included work intended to move us closer to apache policies.
 In particular, the removal of Hibernate annotations from the code uncovered
 a circular dependency in the data structure which was not caught in
 testing.  Two production systems from early adopters are out-of-service
 today.

Date of last release:

 XXXX-XX-XX

When were the last committers or PMC members elected?

 Jim Jagielski was added as a mentor.

Signed-off-by:

 [ ](fineract) Ross Gardler
 [ ](fineract) Greg Stein
 [X](fineract) Roman Shaposhnik
 [ ](fineract) Jim Jagielski

Shepherd/Mentor notes:

 Roman Shaposhnik:

   I'll be following up with the community on the report generation point
   which clearly needs to be clarified.

18 May 2016

Fineract is an open source system for core banking as a platform.

Fineract has been incubating since 2015-12-15.

Three most important issues to address in the move towards graduation:

 1. Finalizing the initial release
 2. Addressing with the VP of Legal our Hibernate dependency and how to
    remedy (removal, exception, etc.)
 3. Continue to encourage participation in Fineract collaboration and
    communication infrastructure by bringing offline interactions online
    and directing collaboration to occur in right channels.

Any issues that the Incubator PMC (IPMC) or ASF Board wish/need to be aware
of?

 None

How has the community developed since the last report?

 - Participated in and selected one intern for Google Summer of Code
   working on the India Unified Payments Interface.
 - Community members attended LinuxFest Northwest in Bellingham, WA and
   encouraged developers to get involved in the Apache Fineract community.
 - Discussion of requirements is taking place via mailing lists for major
   enhancements community is anticipating over next quarter.
 - Jim Jagielski has joined the ranks of Fineracts mentors.

How has the project developed since the last report?

 More communications are happening on the appropriate lists as we have been
 directing conversations to happen in the public mailing lists and outside
 of previous community silos.

Date of last release:

 N/A

When were the last committers or PMC members elected?

 N/A

Signed-off-by:

 [ ](fineract) Ross Gardler
 [ ](fineract) Greg Stein
 [X](fineract) Roman Shaposhnik
 [X](fineract) Jim Jagielski

Shepherd/Mentor notes:

20 Apr 2016

Fineract is an open source system for core banking as a platform.

Fineract has been incubating since 2015-12-15.

Three most important issues to address in the move towards graduation:

 1. Finalising the initial release
 2. Improve the communication around the differences between the previous
    MifosX project and the new Fineract project, especially in the MifosX
    community, website etc.
 3. With the first initial release, encourage the community to use the
    proper infastructure (mailing lists, issue tracker) for the ongoing
    collaboration within the community.
 4. Change management towards less 'key-man' dependency on previous
    tech/community leaders from MifosX, more towards community driven
    consensus.
 5. Reduce clutter on mailinglist from JIRA updates etc.

Any issues that the Incubator PMC (IPMC) or ASF Board wish/need to be
aware of?

 On the mailinglist there have been discussions around the lack of traffic
 on it. This is part of the switchover from the current MifosX community
 and mailinglists towards the new Fineract lists. At the same time the
 recent meet-up of Mifosx and Fineract devs and people interested in it
 (see community development), has also triggered a lot of offline
 interaction.

How has the community developed since the last report?

 While activity on the mailinglist has been pretty low, we've had a great
 meet-up in Amsterdam where a nice mix of existing MifosX community members
 and a group of new interested people was present. This has boosted
 interest in Fineract.

 We have a high level of interest from new contributors throughout Africa -
 we are working to properly engage them and guide them to the correct
 collaboration channels in our Fineract community.

How has the project developed since the last report?

 Individual members of the leading partner organizations building solutions
 using the Fineract platform have begun to effectively use the Fineract
 issue tracker to communicate and track the requirements and enhancements
 they're building and contributing to Fineract. These individuals are
 setting a good example that other individuals from our partner community
 should follow.

Date of last release:

 N/A

When were the last committers or PMC members elected?

 N/A

Signed-off-by:

 [ ](fineract) Ross Gardler
 [ ](fineract) Greg Stein
 [X](fineract) Roman Shaposhnik

16 Mar 2016

Fineract is an open source system for core banking as a platform.

Fineract has been incubating since 2015-12-15.

Three most important issues to address in the move towards graduation:

 1. Inform the non-technical part of the existing Mifos.org community of
    the change in project structure
 2. Getting licensing issues figured out for our first release
 3. Replacing dependencies that are not compliant with the license policies

Any issues that the Incubator PMC (IPMC) or ASF Board wish/need to be
aware of?

 None, currently.

How has the community developed since the last report?

 Since the code was initially pushed over, the community is working on the
 first release.

 In addition to the initial committer new contributors started to work on
 the project.

 There is a technical conference in Amsterdam in the second week of March
 during which some contributors and some community members will be
 introduced to developing under the Apache model.

How has the project developed since the last report?

 The initial code is now available and the work to meet the license
 policies has started.

Date of last release:

 N/A

When were the last committers or PMC members elected?

 N/A

Signed-off-by:

 [ ](fineract) Ross Gardler
 [ ](fineract) Greg Stein
 [X](fineract) Roman Shaposhnik

17 Feb 2016

Fineract is an open source system for core banking as a platform.

Fineract has been incubating since 2015-12-15.

Three most important issues to address in the move towards graduation:

 1. Inform the non-technical part of the existing Mifos.org community of
    the change in project structure
 2. Getting new committers up to speed on Apache processes and philosophy
 3. Replacing dependencies that are not compliant with the license policies

Any issues that the Incubator PMC (IPMC) or ASF Board wish/need to be
aware of?

 None, currently

How has the community developed since the last report?

 Since the code was initially pushed over, the community is working on the
 first release.

 In addition to the initial committer new contributors started to work on
 the project.

How has the project developed since the last report?

 The initial code is now available and the work to meet the license
 policies has started.

Date of last release:

 N/A

When were the last committers or PMC members elected?



Signed-off-by:

 [ ](fineract) Ross Gardler
 [ ](fineract) Greg Stein
 [X](fineract) Roman Shaposhnik

Shepherd/Mentor notes:

20 Jan 2016

Fineract is an open source system for core banking as a platform.

Fineract has been incubating since 2015-12-15.

Three most important issues to address in the move towards graduation:

 1. Push the initial source code to Apache
 2. Inform the non-technical part of the existing Mifos.org community of
    the change in project structure
 3. Getting new committers up to speed on Apache processes and philosophy

Any issues that the Incubator PMC (IPMC) or ASF Board wish/need to be
aware of?

 None, currently.

How has the community developed since the last report?

 The project just has started. All members of the initial community are
 taking their first steps into the Apache Way. The larger Mifos.org
 community is still operating as it was before, and is a mix of 'clients'
 who use the platform and services provided by Mifos.org and partners who
 leverage more on the platform and extend on it. Most partners have already
 been involved and informed about the plans to become an Apache project,
 most of whom are part of the current Fineract Apache community.

How has the project developed since the last report?

 This is the first report.

Date of last release:

 N/A

When were the last committers or PMC members elected?

 Given the early state and missing code base, no additional commiters or
 PMC members were elected.

Signed-off-by:

 [ ](fineract) Ross Gardler
 [X](fineract) Greg Stein
 [X](fineract) Roman Shaposhnik

Shepherd/Mentor notes: