Title: Message Title
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Subramanya thanks so much for getting back to us
this is not how our daily loans work
1- sat and sunday are non working days - that bit is correct
2- payments are monday to friday - for example 20 payments
3- there is no catch up for sat to sunday
thats the bit we cant get to work
for example 20 day repayment loan issued on a tuesday
repayments equal installments
week 1 - wed 1, thur 1 friday 1
week 2 - mon 1 tue 1 wes 1 thu 1 fri 1
week 3 - mon 1 tue 1 wes 1 thu 1 fri 1
week 4- mon 1 tue 1 wes 1 thu 1 fri 1
week 5 - mon 1 tue 1
total repayments 20
How do we do this in the system - its the only thing holding up our installation now
by the way this is the normal short term loan micro-finance way of doing things in the Philippines
Regards
David
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