Hi Nayan,

Can you give more details on the functionality of top-up loans?

a) Will the number of installments remain the same or will it increase with
every top up? If increasing, then will the installment amount remain the
same - the period would just extend?
b) Can any amount be added as top-up (subject to condition that today
outstanding cannot exceed a certain amount)?
c) Could you give an example in an excel sheet with repayments (with
interest and principal splits) before and after topping up?

Thanks
Binny



-----Original Message-----
From: Nayan Ambali [mailto:nayan.amb...@gmail.com] 
Sent: 11 September 2014 06:17
To: Mifos software development; A good place to start for users or folks new
to Mifos.
Subject: [Mifos-developer] Can tranche loan act as top up loan?

Hello Binny/Pramod,

I have requirement where MFI wants top up loans, can tranche loan be
used as top up loans? I mean a tranche can be added ad-hoc instead of
defining them in the beginning of the loan?

If not, should I extended the tranche to support top up loans? or
build separate product line for top loans?

Thanks and Regards,
Nayan Ambali
+91 9591996042
skype: nayangambali

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