This is what i want to achieve loan of 300,000 for 3 months repay is 1
week
so interest should be 3750 per week so for three months that would be
3750*12 weeks =45000 so overall after three months it should total to
345,000
On Thu, Dec 12, 2019 at 5:21 PM Jun King Miñon wrote:
> Hi Sam,
>
Hi Sam,
I guess it will be helpful for us if you also provide information
(screenshot) about your expected output. In any case, are you looking to
have below values?
Date Days Disbursement Principal Balance Principal Due Interest Due Fees
Penalty
Due
12 December 2019 300,000 300,000 0
0
1 19
Hi am trying to setup mifos x loan product that is repaid weekly but given
the calculation by the system its giving me less interest as compared to
what the actual should be and yet when i set repayment to monthly the
calculations turn out to be correct
example 1
Ronah takes loan of 300,000ugx at
