From Wikipedia:
Microfinance is a term for the practice of providing financial services, such as microcredit, microsavings or microinsurance to poor people. By helping them to accumulate usably large sums of money, this expands their choices and reduces the risks they face. Suggested by the name, most transactions involve small amounts of money, frequently less than US$100.
µFS Microfinance System is a system providing financial services, such as krysselister or transacations of small change, for the members of the IT committee (ITK) of Studentersamfundet i Trondhjem. The members of ITK are students. Students are per some definition poor. Poor people get new opportunities by microfinance, as shown by Nobel Prize winner Yunus.
µFS is thus providing services and opportunities!
The original intention with µFS, was to get in control of the bar economy at our computer club. The rest of it was created because we could ;-)
Take a look at docs/roadmap.rst for our plans.
ITK µFS is licensed under the GNU General Public License version 2. See
the file LICENSE for the full license.