Hello everyone. My name is Airsay from Nigeria. I’m the branch IT lead for a financial institution. We are looking to automate our processes and I’m almost certain that Mifos is a good fit. I am looking to get some help and advice setting up Mifos. So I am trying to create a fixed deposit savings product that reflects one of three fixed deposit products we have. And I'm not getting the expected results and would appreciate and advice or pointers. I describe the product in the following paragraph. We have a 6 months Fixed Deposit product for deposits between 360,000.00 and 4,999,000.00. For this product, the interest rate is 15% monthly. So for someone who deposits the minimum of 360,000.00 the monthly interest is 54,000.00. Interest is paid out monthly and at the end of the tenor the customer can either continue or terminate the account. How do I set up a Fixed Deposit Product to reflect this?
Warm Regards Airsay _______________________________________________ Mifos-users mailing list Mifos-users@lists.sourceforge.net https://lists.sourceforge.net/lists/listinfo/mifos-users
