Hi,
We are using Mifos v2.2.3 and trying to develop a new loan product as
per the following details,
Loan Amount: INR 7000/-
Interest Rate: 20% Declining Balance
Loan Processing Fee: 1% on Loan amount
Insurance: 0.5% on loan amount
Loan duration : One year with 1 principal grace period for 1st
installment
Collection period: Bi-weekly
No of Installments: 24
Though the product is Bi-Weekly, but we want to disburse that product in
a weekly meeting centers, which was supported by Mifos also in past (old
version), but if we'll disburse that product in a weekly meeting centers
now, the schedule of the product automatically changed to Bi-Weekly to
weekly.
Could anyone suggest us in what way we are able to resolved the issue.
--
*Regards*
Pradeep Panda.
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