Ryan,
That is correct. The requirement is to stop payments for a period of
time ( 5 weeks) for a currently active loan and then extend the loan
schedule by 5 weeks. Essentially the schedule needs to be recalculated
if the user says I want a moratorium for 5 weeks .
My sense is that this requirement may occur due to seasonal occupations
the borrowers might be involved in.
Thanks,
Chetan
From: Ryan Whitney [mailto:[email protected]]
Sent: Wednesday, September 29, 2010 10:16 AM
To: [email protected]
Subject: Re: [Mifos-users] Loan Freezing in mifos 1.6
Ramesh,
This is still a bit hard to understand, but based on your attachment are
you trying to create a moratorium?
IE, client is unable to repay so you stop the loan from taking
collections and interest payments until the client can start paying
again?
Ryan
On 9/29/10 12:43, "Ramesh Nayak"
<[email protected]> wrote:
On Fri, Sep 17, 2010 at 5:36 PM, Ramesh Nayak
<[email protected]> wrote:
HI All,
I am using mifos 1.6 is there any way to Freez the Loan please
can anyone help me.
PFA of LoanFreezing Concept in xl sheet
Examples contains in xls Document.
Table Particulars
1. Borrower Current Status.
2. Schedule Before Freezing Loans (means Default
Sch): Explained step by step
3. After Freezing Loan Sch : Explained Each step.
--
Ryan Whitney
Mifos Technical Program Manager
[email protected]
Mifos(r) - Technology that Empowers Microfinance (www.mifos.org)
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