Hey I've been through the proposal. It seems pleasing and kind of mandatory
to look upon it. I also want to contribute to this path.
Regards,
Inzemamul Haq

On Wed, May 15, 2024 at 11:32 PM Ed Cable <edca...@mifos.org> wrote:

> Hi all,
>
> I wanted to open up a discussion thread related to the ongoing
> enhancements that are occurring to the loan functionality within Fineract.
> There are major changes being proposed which continuedto extend off the
> existing enhancements that have gone into the new progressive loan
> calculations that were delivered in Fineract 1.9.
>
> The design and implementation of these changes at a technical level are
> being driven by Adam Saghy and Marta Jankovics - long-term active members
> of the community and the functional requirements by Bharath Gowda.
>
> Please view the details of the proposed changes, the goals of these
> changes, the alternatives that were considered and timeline for these
> changes if the Significant Improvement Proposal gets approved. Thanks to
> Adam for sharing a lot of the high-level technical details of our approach
> that I incorporated in the proposal. We look forward to the discussion and
> vote and will continue to share more documentation around the proposed
> changes including new enhancements and gradual enhancement/refactoring of
> the existing logic of the loan module.
>
> This proposal will result in valuable net new functionality and
> substantial progress on the much needed optimization of the loan module but
> it won't fully address the complete refactoring of the legacy loan module
> so want to get the community's input and give visibility into the near and
> long-term impact this would have on the community as well as the way
> community can get involved in future work.
>
>
> https://cwiki.apache.org/confluence/display/FINERACT/FSIP-3%3A+Continue+Enhancing+New+Progressive+Loan+Module+to+Support+Interest-Bearing+Loans
>
>
> Here's a brief summary of the proposal.
>
> We are proposing to add support for interest-bearing loan products for
> progressive loan schedule by continuing to develop on the recently merged
> progressive loan handling changes and moving it into a new externalized
> *fineract-progressive-loan* module.
>
> These changes are in support of an enterprise customer that has been
> sponsoring upstream contributions into Fineract to support the migration of
> its BNPL and installment lending products onto a new loan management system
> of record.
>
> This new module will aim to re-use existing logic from the legacy loan
> module by extracting it into separate methods or classes to reduce the
> complexity and improve the reusability.
>
> The legacy loan module is far too complicated to build these new loan
> capabilities onto but we also have decided not to build a completely
> separate and independent loan module that would lead to forked
> implementations.
>
> Our proposed approach will allow us to deliver a solution that meets the
> customer requirements while not breaking any existing functionality for the
> community. We will make substantial progress on the much-needed redesign
> and refactoring of the loan module and gradually and iteratively over time
> build out this enhanced loan module to ideally deprecate the legacy loan
> module.
>
> Thanks,
>
> *Ed Cable*
> President/CEO, Mifos Initiative
> edca...@mifos.org | Skype: edcable | Mobile: +1.484.477.8649
>
> *Collectively Creating a World of 3 Billion Maries | *http://mifos.org
> <http://facebook.com/mifos>  <http://www.twitter.com/mifos>
>
>

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