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https://issues.apache.org/jira/browse/FINERACT-134?page=com.atlassian.jira.plugin.system.issuetabpanels:all-tabpanel
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James Dailey updated FINERACT-134:
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Labels: Roadmap2022 (was: )
> Add support for Revolving Line of Credit products
> -------------------------------------------------
>
> Key: FINERACT-134
> URL: https://issues.apache.org/jira/browse/FINERACT-134
> Project: Apache Fineract
> Issue Type: New Feature
> Reporter: Ed Cable
> Priority: Major
> Labels: Roadmap2022
>
> As part of the Q2 work on Flexible Loan Schedules phase 3, we should explore
> supporting a new product for a revolving line of credit.
> We have had requests from customer like the Paradigm Project for revolving
> lines of credit to purchase non-durable goods like solar cook stoves etc:
> http://www.theparadigmproject.org/
> The primary difference between a revolving and non-revolving line of credit
> is that repayments on RLOC replenish the available credit balance, becoming
> available for borrowing again. See http://goo.gl/0itVoh
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