> For the complete documentation index, see [llms.txt](https://zimba.gitbook.io/user-manual/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://zimba.gitbook.io/user-manual/product-guides/loans/applications.md).

# Applications

This page shows the applications that have not yet been approved or declined. You can approve or decline the loan by selecting the name of the client and opening details.

### Approving a Loan

<figure><img src="https://2924842113-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FOAj97X40zqy1bWeyKGRz%2Fuploads%2FScrmKR7O3AwL3vfLbCPj%2FScreenshot%20(733).png?alt=media&amp;token=3b6796dc-df92-423a-981f-cd4bac9c7dde" alt=""><figcaption><p>Either choose to approve or decline the loan</p></figcaption></figure>

{% hint style="info" %}
You can only modify the requested amount before selecting "Approve."
{% endhint %}

<figure><img src="https://2924842113-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FOAj97X40zqy1bWeyKGRz%2Fuploads%2FCLRH7cFJq9LLqeXK4CjX%2FScreenshot%20(734).png?alt=media&amp;token=42cb8315-845f-4255-bf8c-206e369e290e" alt="" width="375"><figcaption></figcaption></figure>

Once your loan is approved, it moves to [Loans](/user-manual/product-guides/loans.md#pending-disbursements). If declined, it goes to [Loans](/user-manual/product-guides/loans.md#declined-loans)

**Deferred Payment Period:** This allows a grace period before loan repayments begin — the number of days entered here is added to the loan schedule. For example, if you disburse on the 1st, the repayment schedule starts after the deferred days you set.&#x20;