Pradeep
Not sure I¹m clear on what your issue is...but
Issue 1 Just set the min to 7000 and your default to 10,000.
Issue 2- This wouldn¹t affect any existing loans, only creating new loans.
Ryan
On 12/11/10 1:38 AM, "Pradeep Ku. Panda" <[email protected]>
wrote:
>
> Hi All,
>
>
> I design a loan product having the following features
>
> JLG-6
>
>
> 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?
>
--
Ryan Whitney
Mifos Technical Program Manager
[email protected]
Mifos® - Technology that Empowers Microfinance (www.mifos.org)
Our mission is to enable the poor, especially the poorest, to create a world
without poverty.
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