How can I approve loan applications?

You can set the loan approval process according to your policies.

1. Log in to the Wakandi Admin Panel.

2. Go to Accounts and click on the submenu Applications.
3. Choose the loan application you want to review by clicking on the row.

All the Applications are listed with the current status.

4. Scroll down to see the approval stages, for the chosen administrators will be able to approve, hold or reject loan applications.

All the stages needs to be approved. The stages are defined in the Credit Policy.

5. On the Final approval stage, remember to select the Insider relationship if the loan applicant is related to any Sacco official.
6. After the last stage has been approved, the loan can be disbursed from the teller.