I think it is good to have the repayment schedule dynamic and user
definable. I.e an organization can define their own repayment schedules;
e.g. quarterly, daily, bi-annually, monthly, weekly, daily, after two days.
Giving this flexibility will put to rest frequent changes 'due to diverse
requirements'
On Wednesday, 25 July 2012 18:25:10 UTC+3, Ed Cable wrote:
>
> Hello all,
>
> Chetan is working on preparing the functional specification for
> https://mifosforge.jira.com/browse/MIFOS-5614 - support for daily loan
> repayments so this feature can be built in the upcoming Samiha J release.
>
> Could you please add to the comments or attachments to this issue your
> daily loan repayment requirements? Details on the products you support, how
> the loans are repaid, interest calculated etc. should be be shared.
>
> This support has been requested often so please add your requirements so
> we can ensure the daily loan support meets your own business requirements.
>
> Please send your inputs before the end of this week.
>
> Thanks,
>
> Ed
>
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