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From Lionel Raymundi - Poincenot <lio...@poincenot.com>
Subject Re: Configuring Penalty Charge depending on loan's interest rate
Date Fri, 30 Dec 2016 12:42:51 GMT
Sorry, now it is attached

Thanks

2016-12-30 1:22 GMT-03:00 Mifos Community Support <
community.support@confluxtechnologies.com>:

> Hi Lionel,
>
> I'm not able to view the image, can you please attach the image and resend
> the mail again.
>
> On Thu, Dec 29, 2016 at 8:26 PM, Lionel Raymundi - Poincenot <
> lionel@poincenot.com> wrote:
>
>> Hello again list,
>>
>> According to our business definition, we should charge penalties for
>> unpaid overdued installments as follows:
>>
>> Every overdue day, charge (installment capital) * (daily interest rate *
>> 1.5)
>>
>> I know I can configure the penalty as "percentage of amount". The problem
>> is that I cant set a fixed value on "amount", as it depends on the loan's
>> nominal interest rate (which is not the same for every loan). Maybe the
>> following image can clarify this
>> [image: Imágenes integradas 1]
>>
>>
>> How can I configure something like that?
>> I was thinking on a new Charge Calculation type as "% Amount * Interest
>> rate". Is this the only way or is there a better solution?
>>
>> Thanks in advance
>>
>> Lionel
>>
>
>
>
> --
> Thanks and regards,
> Mifos Community Support
>
>
> ​
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