The COVID-19 pandemic has various negative implications for an MFI's operations. Clients that cannot repay their loans on time and moreover withdraw their deposits, could lead to major liquidity problems for an MFI. In addition, loan losses will reduce equity and may result in the institution's bankruptcy.

After almost a year of use by hundreds of MFIs worldwide, Microfact team has consolidated all the suggestions for the improvement of Microvision and decided to release this current version 16.1.