[Mifos-issues] [JIRA] (MIFOS-5754) Add payback-guarantee option to Loan Account

Thu, 23 Aug 2012 01:48:36 -0700

Change By: Lukasz Chudy (23/Aug/12 1:47 AM)
Description: Some Mifos users, while giving out a loan, are immediately taking off some % or amount from loan amount as payback guarantee. 

Now if User want to take off such a guarantee it is necessary to make re-calculations of the loan amount and interest after having removed payback-guarantee amount he/she requires.

It'll be good to add option which will automate this process in Mifos while loan is giving out.

Payback guarantee can be kept on some other account such that at the end of the loan cycle it would be possible to either return those funds to the client (if he has paid on time and everything) or use those funds to go into a new-loan guarantee.
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