Hi am trying to setup mifos x loan product that is repaid weekly but given the calculation by the system its giving me less interest as compared to what the actual should be and yet when i set repayment to monthly the calculations turn out to be correct example 1 Ronah takes loan of 300,000ugx at 5% per month for 3 months but has to pay back every week
AND below is what the system is calculating yet 5% of 300,000 ugx by weekly which is wrong what [image: image.png] i need help on this issue [image: top image] Samuel Matanda Network /Systems Administrator IT CONSULTANT / UGANDA mimatv...@gmail.com mobile: + 256394828579 | phone: + 256772074604 [image: bottom image] IT CONSULTANT / UGANDA Please consider the environment before printing ...this campaign is run by Environment friends like you and me please join the campaign
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