Aligned Loan Repayment Schedules for Groups

The system now automatically aligns loan repayment schedules with a group’s predefined meeting day during loan application, ensuring consistency and easier tracking of repayments.

Steps on how to set the group’s meeting day

1. Click on Clients on the left-hand side.
2. Search for the specific Group then edit.
3. Click on the Group meeting day.

4. Set the meeting date and then submit.

Following the above steps, the group loans will now automatically align loan repayment schedules with a group’s predefined meeting day set during loan application.

Key Benefits

✔ Reduced Administrative Workload: Automates scheduling, minimizing manual interventions for SACCOs and MFIs.
✔ Improved Consistency: Loan repayments align with the group’s scheduled meeting day, reducing confusion and missed payments.
✔Easier Tracking: Groups can efficiently monitor loan repayments without manual adjustments.