Overview
Connect a member loan to its reducing-balance schedule and recorded repayments. Reports and due reminders help the team review the loan’s recorded progress.
The loan record provides the reference for a member’s borrowing, with the reducing-balance schedule describing planned repayments. Payment records show what has been entered against that loan. Reports and due reminders add references for reviewing its progress and the upcoming repayment dates during the team’s loan administration.
What you can do
- Keep member loan records together when reviewing a member’s borrowing.
- Consult reducing-balance schedules to review the loan’s planned repayments.
- Follow recorded payments and due reminders during loan administration.
Usage examples
- Review the next scheduled repayment alongside the payments already recorded.
- Record a loan payment and review the reducing-balance schedule and due reminders.
Discuss your organization’s needs
Contact the Fewa team to discuss how this module can fit your organization’s process.
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