How do I add Collateral to a Loan?
Loan guarantors needs to be added during the loan application process.
1. Log in to the Wakandi Admin Panel.
2. Go to Accounts and choose the submenu Applications
3. Click the loan application you want to add guarantors on.
4. Click Edit and scroll down to the Collateral section.
It this is empty, it means that the Credit policy on the loan product did not require collateral.
5. Tick off others.
6. Fill in the Collateral, and click Save.
Click the + icon to add more Collaterals.