fineract-dev mailing list archives

Site index · List index
Message view « Date » · « Thread »
Top « Date » · « Thread »
From "Santosh Math (JIRA)" <j...@apache.org>
Subject [jira] [Updated] (FINERACT-355) Issue with Adding and Removing Guarantors for a loan account
Date Thu, 29 Dec 2016 09:11:58 GMT

     [ https://issues.apache.org/jira/browse/FINERACT-355?page=com.atlassian.jira.plugin.system.issuetabpanels:all-tabpanel
]

Santosh Math updated FINERACT-355:
----------------------------------
    Description: 
Steps to reproduce:
1. Create a loan product(Principal:10000, interest rate:1% per month, repaid every one month,
number of repayments;12) with two guarantors self and external:
   In Loan  product: check 'Place Guarantee Funds on-hold'
   Mandatory guarantee 40%
   Minimum guarantee from own funds: 20%
   Minimum guarantee from guarantor funds: 20%
2. Create a loan account for a client with  this  product. Just submit it.  Don't approve
it.
3. Add two guarantors self and external with guarantee of 2000 each.(Each guarantor should
 have savings account  with balance at least 200)
4. Approve and  Disburse the  loan.
5. After Disbursal, Add 2nd 'Self' guarantor (self guarantor should have two savings accounts).
6. Remove first self guarantor which had been added before loan approval.
7. Withdraw all the money from 2nd self guarantor.
>>Here, the application allows the 7th step, which it shouldn't be as repayments haven't
done yet. 

Another issue is, consider there are only two guarantors self and external.
Let's client make all the repayments. Now, both self and external guarantors  can withdraw
 even their minimum guarantee amount. After their withdrawal, we can undo all the repayments.
Expected Result: Undoing of repayments should not be allowed for the loan account having guarantors.



  was:
Steps to reproduce:
1. Create a loan product(Principal:10000, interest rate:1% per month, repaid every one month,
number of repayments;12) with two guarantors self and external:
   In Loan  product: check 'Place Guarantee Funds on-hold'
   Mandatory guarantee 40%
   Minimum guarantee from own funds: 20%
   Minimum guarantee from guarantor funds: 20%
2. Create a loan account for a client with  this  product. Just submit it.  Don't approve
it.
3. Add two guarantors self and external with guarantee of 2000 each.(Each guarantor should
 have savings account  with balance at least 200)
4. Approve and  Disburse the  loan.
5. After Disbursal, Add 2nd 'Self' guarantor (self guarantor should have two savings accounts).
6. Remove first self guarantor which had been added before loan approval.
7. Withdraw all the money from 2nd self guarantor.
>>Here, the application allows the 7th step, which it shouldn't be as repayments haven't
done yet. 



> Issue  with  Adding and Removing Guarantors for a loan account
> --------------------------------------------------------------
>
>                 Key: FINERACT-355
>                 URL: https://issues.apache.org/jira/browse/FINERACT-355
>             Project: Apache Fineract
>          Issue Type: Bug
>          Components: Loan
>            Reporter: Santosh Math
>            Assignee: Markus Geiss
>            Priority: Minor
>
> Steps to reproduce:
> 1. Create a loan product(Principal:10000, interest rate:1% per month, repaid every one
month, number of repayments;12) with two guarantors self and external:
>    In Loan  product: check 'Place Guarantee Funds on-hold'
>    Mandatory guarantee 40%
>    Minimum guarantee from own funds: 20%
>    Minimum guarantee from guarantor funds: 20%
> 2. Create a loan account for a client with  this  product. Just submit it.  Don't approve
it.
> 3. Add two guarantors self and external with guarantee of 2000 each.(Each guarantor should
 have savings account  with balance at least 200)
> 4. Approve and  Disburse the  loan.
> 5. After Disbursal, Add 2nd 'Self' guarantor (self guarantor should have two savings
accounts).
> 6. Remove first self guarantor which had been added before loan approval.
> 7. Withdraw all the money from 2nd self guarantor.
> >>Here, the application allows the 7th step, which it shouldn't be as repayments
haven't done yet. 
> Another issue is, consider there are only two guarantors self and external.
> Let's client make all the repayments. Now, both self and external guarantors  can withdraw
 even their minimum guarantee amount. After their withdrawal, we can undo all the repayments.
> Expected Result: Undoing of repayments should not be allowed for the loan account having
guarantors. 



--
This message was sent by Atlassian JIRA
(v6.3.4#6332)

Mime
View raw message