Hi;
Sorry for late reply on this, as per my understanding and knowledge PAR is
calculated as below:
PAR = Arrears Amount / Principal Outstanding.
So for example if a group has total arrears of 20,000 and Principal
Outstanding is 200,000 the PAR will be 0.1
The Portfolio at Risk figure should be
Hi Lukasz
Just to add to Ed's response on this. Most definitions of PAR include
all of the unpaid principal of loans for which payments are late e.g.:
Value of all loans outstanding as of the end of the reporting period
that have one or more installments of principal
past due for more than
Lukasz,
It was my interpretation of the original issue that it was showing .5
because half of the total outstanding balance was now in default according
to the lateness definitions that were defined. (that's assuming the 2 loans
in the example were created with the same amount.
>From the spec for
Hi Zayyad, Ed,
What we need is a specification how exactly PAR should work. In the
issue it is described that PAR should be updated to 0.5, so that we
should know to which numbers (other than 0.5) can PAR be updated and in
which cases.
I think that it would be the best if you provide us some u
Zayyad,
The development team at SolDevelo is ready to begin fixing Mifos-2033
https://mifosforge.jira.com/browse/MIFOS-2033 but they need a clearer
specification of how the PAR should change based on the status change being
accurately reflected.
Lukasz - could you clarify on what details you need
