Information Communication Technology (ICT) is considered to be the back bone of interprocess communication of the records of the Microfinance Institutions who are the key players of distribution of the funds to the poor and to the people who are not eligible for standard financial services. In spite of the latest techniques used, MFIs face challenges in implementing the technology in respect to the high operational cost, unregulatory framework or lack of integration among the diversified

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... ogy platforms. This paper highlights the regulation of processes in Microfinance using a potential technology called Service oriented Architecture which would help to monitor any activity of Microfinance Institutions and gives MFIs greater sustainability and interoperability. SOA implementation in MFI's helps in optimizing business performance amidst change, competition, and increase in regulatory reporting. Binding the loosely coupled functionalities is one of the important features of SOA which directly helps MFIs, whose functions work under silo organization. An architectural model using SOA for a particular module of MFI (Loan Officer and MFI) and the various transactions between them has been proposed through this paper.