Hi Emily,
Thanks for the reply. Your mail did answer my query.
Actually I had a bit confusion regarding the difference in the
functionality of group savings per group and per individual. The doubts
have been answered by your mail now.
Thanks & Best Regards,
Arpita Adhicary
Business Analyst
"Emily Tucker"
<[EMAIL PROTECTED]
oundation.org> To
Sent by: "Mifos functional discussions"
mifos-functional- <[EMAIL PROTECTED]
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rceforge.net cc
Subject
20/12/2007 01:12 Re: [Mifos-functional] Saving
Account Deposit
Please respond to
Mifos functional
discussions
<mifos-functional
@lists.sourceforg
e.net>
Hi Aprita
> In Mifos 1.1, a group can have Savings with deposit "per
> individual" or "per group".
This feature is described here (See point #3):
http://www.mifos.org/knowledge/functional-specs/product-definition#attri
butes-for-savings-product
> I wanted to know what does "deposit per individual" mean.
> Does it mean that when I deposit Rs.100 per individual in a
> group of 5 members, then the total amount of savings in the
> group should become Rs.500 (100*5)?
Hmmm, no. It means that each individual within the group is expected to
deposit 100Rs each. This can either be a mandatory or voluntary
deposit. For more info on mandatory/voluntary savings, you can read
here:
http://www.mifos.org/knowledge/functional-specs/savings#General_Features
_of_Savings_Acco
Scroll down to the "Mandatory/recommended savings amount" section.
Does this answer your question?
Cheers,
Emily.
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