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From Ed Cable <>
Subject DISCUSS: What line of credit products need to be supported in Fineract?
Date Wed, 06 Apr 2016 19:01:52 GMT
As part of the Q2 release cycle, we're exploring extending our flexible
loan schedules work by adding support for a line of credit.

Line of Credit support means various things in different core banking
systems. We've outlined some of the definitions in this Google Doc:

We'd like to get feedback on *what are the most common line of credit
products that need to be supported *so we can design the specification
accordingly and take up the work in the upcoming quarter.

I personally would like to see full support for a true revolving line of
credit product (
that is distinct from our current installment-based loans, our tranche
loans, and our overdraft accounts that incur interest for negative

As part of this bucket of work for Phase 3 of our Flexible Loan Schedules,
support could be added for top-up loans:

Please provide reply to this thread with what type of line of credit
products you need support for and add comments to each of these tickets.
*Ed Cable*
Director of Community Programs, Mifos Initiative
Skype: edcable | Mobile: +1.484.477.8649

*Collectively Creating a World of 3 Billion Maries | *



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