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There was a need to tailor loan repayments to match the bucks movement habits of this debtor.

There was a need to tailor loan repayments to match the bucks movement habits of this debtor.

Migrated over from MifosForge – final edit on September 15, 2015.

Overview

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Background and strategic fit

This is also true of items like agricultural loans where consumers cash moves can be very volatile. Consequently returns in such sectors are seasonal, unpredictable and sometimes less than those associated with the regular enterprises that are commercial which MFIs disburse loans. This necessitates the necessity for banking institutions to personalize loans items, which provide for more freedom using the installment routine. Continue reading There was a need to tailor loan repayments to match the bucks movement habits of this debtor.