Hi Gayl, Regarding the functionality around mandatory savings ...
If a client doesn't make the mandatory deposits, the only behavior I'm aware of in Mifos is that the expected deposit accumulates. For example, if the client has a mandatory savings deposit of 50 per week, and they miss a week, the next week's deposit expected will be listed as 100 in Mifos. If it was a voluntary savings, then the expected deposit will be listed as 50 only. For the account states, the client's saving's account becomes on hold when there is no activity for # of days defined as your Savings Dormancy definition (in Admin). Kay > -----Original Message----- > From: Ryan Whitney [mailto:[email protected]] > Sent: Friday, July 30, 2010 8:07 AM > To: [email protected] > Subject: Re: [Mifos-users] queries re mandatory and voluntary saving accounts > > Gayl, > > Mifos does not mark savings accounts that are mandatory as Active in Bad > Standing if the client does not make any deposits. Savings generally only > have the following statuses (this is off my memory, so may not be 100%) > > * Pre-Approved > * Active > * Inactive > * On Hold > * Closed > * Canceled > > Mandatory and Voluntary savings products should appear in the CSE. It is > strange if those are not showing up for the clients. Maybe there is > something wrong with the setup? > > r > > > On 7/29/10 23:11, "Gayl Kennedy" <[email protected]> wrote: > > > Hi, hope someone can advise on this as I am confused how it works in mifos. > > In the user guide it states: > > A voluntary deposit means that the client(s) or group(s) assigned this > > product are not obliged to save; a > > mandatory product means that savings deposits must be made as defined > > in the product > > > > It also states: > > A voluntary deposit means that the client(s) or group(s) assigned this > > product are not obliged to save; a > > mandatory product means that savings deposits must be made as defined > > in the product > > > > however I have active mandatory accounts and they are not flagged as > > being in bad standing due to lack of required deposits > > I also set the max withdrawal to 0 to stop withdrawals until the loan > > has been repaid but the system allowed me to make withdrawals without > > even asking if I was sure! > > > > I would have thought mandatory savings (and column for voluntary > > savings) would be included in the bulk collection sheet but I don't > > see them there. > > > > how do other MFIs handle mandatory and voluntary savings? > > thanks > > -- > Ryan Whitney > Mifos Technical Program Manager > [email protected] > Mifos - Technology that Empowers Microfinance (www.mifos.org) > Our mission is to enable the poor, especially the poorest, to create a world > without poverty. > <http://grameenfoundation.org/take-action/ingenuity-fund-challenge/> > P please consider the environment before printing this e-mail. > > > ------------------------------------------------------------------------ ------ > The Palm PDK Hot Apps Program offers developers who use the > Plug-In Development Kit to bring their C/C++ apps to Palm for a share > of $1 Million in cash or HP Products. Visit us here for more details: > http://p.sf.net/sfu/dev2dev-palm > _______________________________________________ > Mifos-users mailing list > [email protected] > https://lists.sourceforge.net/lists/listinfo/mifos-users ------------------------------------------------------------------------------ The Palm PDK Hot Apps Program offers developers who use the Plug-In Development Kit to bring their C/C++ apps to Palm for a share of $1 Million in cash or HP Products. Visit us here for more details: http://p.sf.net/sfu/dev2dev-palm _______________________________________________ Mifos-users mailing list [email protected] https://lists.sourceforge.net/lists/listinfo/mifos-users
