Thanks Kay,
My second point
There is a certain charges at the time of prepayment we called it
Termination charges or forclousre charges .
I cant find out the how i will apply this at the time of prepayment.
Please clarify this
Thanks and Regards,
On Wed, Jul 14, 2010 at 2:45 PM, Kay Chau <kc...@grameenfoundation.org>wrote:
> Hi Amit
>
>
>
> Some comments inline…
>
>
>
>
>
> *From:* AMIT JAIN [mailto:amitjain....@gmail.com]
> *Sent:* Wednesday, July 14, 2010 2:08 AM
> *To:* A good place to start for users or folks new to Mifos.
> *Subject:* Re: [Mifos-users] Re Pay Issue
>
>
>
> Dear All,
>
> I dont know if somebody is not find this problem.
>
> When your client wants to repay the entire loan in that case he has to pay
> the principal amount outstanding.
>
> Mifos pick that amount.
>
> But in case of repay it should be
>
> Principle+interest to next future EMI there is no scope in Mifos.
>
> *[Kay Chau] *In Mifos, there is 2 ways of repaying the entire loan
> amount. Using the Repay loan link will only include principal amount
> outstanding. If you use the normal Apply Payment page, you will be able to
> pay off the entire loan with both principal + Interest.
>
>
>
> Anyway Also if we want to apply the charges manually again there is no
> scope.
>
> *[Kay Chau] Can you explain more what you mean by this? There is a way to
> manually apply charges in Mifos right now.*
>
> Loan termination charges facility is not there.
>
> I request Mifos developers to give there attention regarding this
>
> Applying penal or any other charges does not effect the scheduled
> repayment.
>
> Please give us a light on it
>
> Thanks and Regards
>
> --
> AMIT JAIN | E.D | Digamber Finance (Chota Loan Bade Sapne) | +919414041821
> |
>
>
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--
AMIT JAIN | E.D | Digamber Finance (Chota Loan Bade Sapne) | +919414041821 |
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