|
Madhukar,
It seems that maarg and legacy mifos are also quite different in the way they breakdown the loan in terms of principal and interest.
Heres another tool for calculation loan schedule / pricing from MF Transparency that you can throw into the comparsion matrix http://www.mftransparency.org/resources/calculating-transparent-pricing-tool/
The loan appears to be a 38-week loan repayment in 38 weekly installments with 5000 disbursed 17/08/2009 -
Interest is amortized using Declining Balance with Equal Installments.
Not sure what the nominal interest rate is that you are using.
|
