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http://mifosforge.jira.com/browse/MIFOS-3384?page=com.atlassian.jira.plugin.system.issuetabpanels:all-tabpanel
 ]

Jakub Sławiński updated MIFOS-3384:
-----------------------------------

    Fix Version/s:     (was: Unscheduled)
                   Release H
    
> Late Payment Penalties
> ----------------------
>
>                 Key: MIFOS-3384
>                 URL: http://mifosforge.jira.com/browse/MIFOS-3384
>             Project: mifos
>          Issue Type: New Feature
>          Components: Fee, Loan Account
>            Reporter: Sam Birney
>            Assignee: pmqueue
>            Priority: Major
>              Labels: Accion, Mozambique, almajmoua, community, fantsuam, 
> featuretrain, prioritygaps
>             Fix For: Release H
>
>
> Some MFIs use late-payment penalties to encourage on-time repayments.  For 
> example, Al Majmoua charges $1/late day.  Some initial requirements to think 
> about for this feature:
> * allow late repayment penalty rules to be configured
> * automatically apply the penalties as they are incurred (probably via batch 
> job)
> * allow the penalties to be waived (or partially waved for some of the days)
> * allow penalty payments to be made after loan is closed, not tied to meeting 
> date

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