Loan Details and Reporting
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.
- đź”´ Red: Loans in arrears
- 🟢 Green: Active/Approved loans
- ⚪ Grey: Closed/Rejected loans
- 🔵 Blue: New/Pending loans
- đźź 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.