## 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)