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http://mifosforge.jira.com/browse/MIFOS-2312?page=com.atlassian.jira.plugin.system.issuetabpanels:all-tabpanel
]
keithwoodlock updated MIFOS-2312:
---------------------------------
Summary: Create a grace period for returning loans without being charged
interest - or Reversal of Disbursement (was: Create a grace period for
returning loans without being charged interest)
> Create a grace period for returning loans without being charged interest - or
> Reversal of Disbursement
> ------------------------------------------------------------------------------------------------------
>
> Key: MIFOS-2312
> URL: http://mifosforge.jira.com/browse/MIFOS-2312
> Project: mifos
> Issue Type: Improvement
> Components: Loan Account
> Affects Versions: Release 1.2
> Environment: Platform: All, OS: All
> Reporter: Ryan Whitney
> Assignee: mifosdeveloperqueue
> Priority: Major
> Fix For: Unscheduled
>
>
> At ENDA, there are clients who occasionally return a loan on the same day it
> was
> disbursed, changing their mind. In this situation, ENDA does not charge teh
> interest but still charges the fee. In Mifos though the first month of
> interest
> would be paid.
> Either way, instead of just making a feature for one day, interest free
> returns,
> figured it could be a configuration setting a MFI sets. Like clients have
> three
> days to refuse loans.
> Either way, it's probably an edge case but worth documenting.
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