Hi All, I design a loan product having the following features
JLG-6 [image: http://202.65.152.196:8080/mifos/pages/framework/images/status_activegreen.gif] Active Loan product details. Product instance name: Product -1 Short name: PRD Description PRD-1 Product category: IGL Start date: 03/11/2010 End date: Applicable for: Clients Include in Loan cycle counter: Yes Calculate Loan Amount as: Same for all loans Min loan amount Max loan amount Default amount 10000.0 20000.0 10000.0 Interest rate Interest rate type: Flat Max Interest rate: 10.00 % Min Interest rate: 10.00% Default Interest rate: 10.00 % Repayment schedule Frequency of installments: 1 week(s) Calculate # of Installments as: Same for all Loans Min # of installments Max # of installments Default # of installments 50 50 50 Grace period type: None Grace period duration: 0 installments According to the product description the loan application and disbursement occurred for the minimum loan amount Rs 10000. My point is that - 1. Can we modify the same product as the minimum loan amount as Rs 7000? And rests of the parameters are same. If we can modify the min loan amount, and able to apply the loan application for Rs 7000. - 2. Is there any chance that this modification affected any other account? Other account means which member having the same product but the loan amount is Rs 10000 (before modification of product). Can anyone help us in this regard? -- *Regards* Pradeep Panda.
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