Loan Details and Reporting

ByJoy Kemunto Mogeni

Wakandi has introduced its Loan Details and Reporting features to provide a deeper understanding of loan information. The updated Loan Details section, visible on the member’s loan dashboard, now includes a detailed Arrears Breakdown, featuring:

  • Principal in Arrears 
  • Interest in Arrears 
  • Charges in Arrears 
  • Total Arrears 

Loan Status Tracking

In addition to the enhanced loan details, Wakandi now offers improved loan status tracking with a clear, color-coded system to easily identify the status of each loan application. This feature helps users quickly assess loan progress and outstanding issues.

  • 🔴 Red: Loans in arrears
  • 🟢 Green: Active/Approved loans
  • ⚪ Grey: Closed/Rejected loans
  • 🔵 Blue: New/Pending loans
  • 🟠 Yellow/Orange: Overpaid loans

These visual cues make it easier for SACCOs and MFIs to manage and prioritize loan applications, ensuring a smoother workflow and more efficient loan management.

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