▪️Active Loans
This is where you can view active loans. Click on the client's name or loan number. You'll then be redirected to the loan details page.
Last updated
This is where you can view active loans. Click on the client's name or loan number. You'll then be redirected to the loan details page.
Last updated
Select the 'Make Payment' Button
Amount: Enter the sum of money the client is paying.
New Outstanding Balance: This indicates the remaining amount to be paid after deducting the sum you've entered.
Collection Date: This indicates the date you collected the payment
Payment method: Choose from cash, bank, or savings/loan wallet.
Collect Payment Fee: This displays any applicable fee to be paid during the transaction. If set, it will be included.
Have Manual Receipt: If you have a manual receipt, you can enter the receipt number in this field for record-keeping purposes.
Send SMS to Client: Check this option if you would like to send an SMS notification to the client.
To print a receipt, navigate to 'Loan Statement' and click on 'Open' under the 'Receipt' column. Then, proceed to print the receipt.
Select the 'Reschedule' Button
Complete the fields to specify the loan rescheduling details. Once done, select 'Preview' to see how the rescheduled loan will appear, then proceed to save your changes.
Select 'Make Top-up' Button
New Principal: Enter the total amount of the new principal being topped up. For example, if the client had a principal of 100,000 and wants to add 200,000, the new principal will be 300,000.
Loan Duration: Input the duration for this top-up. The frequency will remain the same as the original loan. For instance, if the original loan was weekly, it will continue to be weekly.
Application Date: The day of the top-up
Disbursement Method: Choose from cash, bank, or savings/loan wallet.
Select 'Waive Interest' Button
You cannot waive interest that has not yet become due according to the schedule.
Select 'Waive Penalty' Button
Select the vertical ellipsis (3 dots) on the far right and click 'Request Loan Write-off'
Next, provide the reason for the write-off and submit the request. Once submitted, await approval from the responsible staff. Upon approval, the loan will be categorized under Written Off Loans.
