Loan Options

Once a loan application is complete, the below option are present.

Topup Loan -> This where one can Topup a loan.

This basically creates a new loan with the principal equal to the sum of the disbursement amount of the new loan and the outstanding balance of the old loan. To learn more about Creating a new loan, Click Here.

Restructure Loan -> This option allows you to restructure a loan.

This basically creates a new loan with the principal being the outstanding amount of the previous loan. To learn more about Creating a new loan, Click Here

Merge Loan -> This allows you to merge to loan into one.

Issue Rebate -> This allows you to give a discount on the outstanding balance of a loan.

Enter an amount and then click the 'Issue Rebate' function.

Writeoff/ Close Loan -> This writes off the whole of the remaing outstanding balance of a loan.

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