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Posted to dev@fineract.apache.org by Ed Cable <ed...@mifos.org> on 2016/04/06 21:01:52 UTC
DISCUSS: What line of credit products need to be supported in Fineract?
As part of the Q2 release cycle, we're exploring extending our flexible
loan schedules work by adding support for a line of credit.
Line of Credit support means various things in different core banking
systems. We've outlined some of the definitions in this Google Doc:
https://goo.gl/rnZAZd
<https://web.chilipiper.com/link/mifos.org/57055898e4b02bbec5bc21dc?link=aHR0cHMlM0ElMkYlMkZnb28uZ2wlMkZyblpBWmQ=>
We'd like to get feedback on *what are the most common line of credit
products that need to be supported *so we can design the specification
accordingly and take up the work in the upcoming quarter.
I personally would like to see full support for a true revolving line of
credit product (https://issues.apache.org/jira/browse/FINERACT-134
<https://web.chilipiper.com/link/mifos.org/57055898e4b02bbec5bc21dc?link=aHR0cHMlM0ElMkYlMkZpc3N1ZXMuYXBhY2hlLm9yZyUyRmppcmElMkZicm93c2UlMkZGSU5FUkFDVC0xMzQ=>)
that is distinct from our current installment-based loans, our tranche
loans, and our overdraft accounts that incur interest for negative
balances.
As part of this bucket of work for Phase 3 of our Flexible Loan Schedules,
support could be added for top-up loans:
https://issues.apache.org/jira/browse/FINERACT-131
<https://web.chilipiper.com/link/mifos.org/57055898e4b02bbec5bc21dc?link=aHR0cHMlM0ElMkYlMkZpc3N1ZXMuYXBhY2hlLm9yZyUyRmppcmElMkZicm93c2UlMkZGSU5FUkFDVC0xMzE=>
Please provide reply to this thread with what type of line of credit
products you need support for and add comments to each of these tickets.
*Ed Cable*
Director of Community Programs, Mifos Initiative
edcable@mifos.org
<https://web.chilipiper.com/link/mifos.org/57055898e4b02bbec5bc21dc?link=bWFpbHRvJTNBZWRjYWJsZSU0MG1pZm9zLm9yZw==>
|
Skype: edcable | Mobile: +1.484.477.8649
*Collectively Creating a World of 3 Billion Maries | *http://mifos.org
<https://web.chilipiper.com/link/mifos.org/57055898e4b02bbec5bc21dc?link=aHR0cCUzQSUyRiUyRm1pZm9zLm9yZw==>
<https://web.chilipiper.com/link/mifos.org/57055898e4b02bbec5bc21dc?link=aHR0cCUzQSUyRiUyRmZhY2Vib29rLmNvbSUyRm1pZm9z>
<https://web.chilipiper.com/link/mifos.org/57055898e4b02bbec5bc21dc?link=aHR0cCUzQSUyRiUyRnd3dy50d2l0dGVyLmNvbSUyRm1pZm9z>
Re: DISCUSS: What line of credit products need to be supported in Fineract?
Posted by Devakishor Soraisam <de...@mangaal.com>.
Please do let me know when/where this is being discussed. I am user, been
trying to use Fineract for my business who provides end user financing for
solar home systems, solar lamps, cookstoves, et al through a revolving fund
model.
On Thu, Apr 7, 2016 at 2:55 AM, Ed Cable <ed...@mifos.org> wrote:
> Keith,
>
> You are correct. It's probably best to have this on the fineract user
> mailing list and then once it gets down into the details of technical
> approach to supporting the product we could use this list.
>
> Ed
>
> On Wed, Apr 6, 2016 at 1:45 PM, Keith Woodlock <ke...@gmail.com>
> wrote:
>
>> Ed,
>>
>> These product related questions sound like they would be of more interest
>> to the user/product related members of the community.
>>
>> I wouldnt expect developers to have an opinion on these. Although the
>> likes
>> of Musoni and Conflux would know what their clients are asking for it
>> would
>> still be a user community discussion.
>>
>> regards,
>> Keith.
>>
>> On Wed, Apr 6, 2016 at 8:01 PM, Ed Cable <ed...@mifos.org> wrote:
>>
>> > As part of the Q2 release cycle, we're exploring extending our flexible
>> > loan schedules work by adding support for a line of credit.
>> >
>> > Line of Credit support means various things in different core banking
>> > systems. We've outlined some of the definitions in this Google Doc:
>> > https://goo.gl/rnZAZd
>> > <
>> >
>> https://web.chilipiper.com/link/mifos.org/57055898e4b02bbec5bc21dc?link=aHR0cHMlM0ElMkYlMkZnb28uZ2wlMkZyblpBWmQ=
>> > >
>> >
>> > We'd like to get feedback on *what are the most common line of credit
>> > products that need to be supported *so we can design the specification
>> > accordingly and take up the work in the upcoming quarter.
>> >
>> > I personally would like to see full support for a true revolving line of
>> > credit product (https://issues.apache.org/jira/browse/FINERACT-134
>> > <
>> >
>> https://web.chilipiper.com/link/mifos.org/57055898e4b02bbec5bc21dc?link=aHR0cHMlM0ElMkYlMkZpc3N1ZXMuYXBhY2hlLm9yZyUyRmppcmElMkZicm93c2UlMkZGSU5FUkFDVC0xMzQ=
>> > >)
>> > that is distinct from our current installment-based loans, our tranche
>> > loans, and our overdraft accounts that incur interest for negative
>> > balances.
>> >
>> > As part of this bucket of work for Phase 3 of our Flexible Loan
>> Schedules,
>> > support could be added for top-up loans:
>> > https://issues.apache.org/jira/browse/FINERACT-131
>> > <
>> >
>> https://web.chilipiper.com/link/mifos.org/57055898e4b02bbec5bc21dc?link=aHR0cHMlM0ElMkYlMkZpc3N1ZXMuYXBhY2hlLm9yZyUyRmppcmElMkZicm93c2UlMkZGSU5FUkFDVC0xMzE=
>> > >
>> >
>> > Please provide reply to this thread with what type of line of credit
>> > products you need support for and add comments to each of these tickets.
>> > *Ed Cable*
>> > Director of Community Programs, Mifos Initiative
>> > edcable@mifos.org
>> > <
>> >
>> https://web.chilipiper.com/link/mifos.org/57055898e4b02bbec5bc21dc?link=bWFpbHRvJTNBZWRjYWJsZSU0MG1pZm9zLm9yZw==
>> > >
>> > |
>> > Skype: edcable | Mobile: +1.484.477.8649
>> >
>> > *Collectively Creating a World of 3 Billion Maries | *http://mifos.org
>> > <
>> >
>> https://web.chilipiper.com/link/mifos.org/57055898e4b02bbec5bc21dc?link=aHR0cCUzQSUyRiUyRm1pZm9zLm9yZw==
>> > >
>> >
>> > <
>> >
>> https://web.chilipiper.com/link/mifos.org/57055898e4b02bbec5bc21dc?link=aHR0cCUzQSUyRiUyRmZhY2Vib29rLmNvbSUyRm1pZm9z
>> > >
>> >
>> > <
>> >
>> https://web.chilipiper.com/link/mifos.org/57055898e4b02bbec5bc21dc?link=aHR0cCUzQSUyRiUyRnd3dy50d2l0dGVyLmNvbSUyRm1pZm9z
>> > >
>> >
>>
>
>
>
> --
> *Ed Cable*
> Director of Community Programs, Mifos Initiative
> edcable@mifos.org | Skype: edcable | Mobile: +1.484.477.8649
>
> *Collectively Creating a World of 3 Billion Maries | *http://mifos.org
> <http://facebook.com/mifos> <http://www.twitter.com/mifos>
>
>
--
Regards
Dev
(m) +91-8974086709
(w) http://www.mangaal.com
Re: DISCUSS: What line of credit products need to be supported in Fineract?
Posted by Devakishor Soraisam <de...@mangaal.com>.
Please do let me know when/where this is being discussed. I am user, been
trying to use Fineract for my business who provides end user financing for
solar home systems, solar lamps, cookstoves, et al through a revolving fund
model.
On Thu, Apr 7, 2016 at 2:55 AM, Ed Cable <ed...@mifos.org> wrote:
> Keith,
>
> You are correct. It's probably best to have this on the fineract user
> mailing list and then once it gets down into the details of technical
> approach to supporting the product we could use this list.
>
> Ed
>
> On Wed, Apr 6, 2016 at 1:45 PM, Keith Woodlock <ke...@gmail.com>
> wrote:
>
>> Ed,
>>
>> These product related questions sound like they would be of more interest
>> to the user/product related members of the community.
>>
>> I wouldnt expect developers to have an opinion on these. Although the
>> likes
>> of Musoni and Conflux would know what their clients are asking for it
>> would
>> still be a user community discussion.
>>
>> regards,
>> Keith.
>>
>> On Wed, Apr 6, 2016 at 8:01 PM, Ed Cable <ed...@mifos.org> wrote:
>>
>> > As part of the Q2 release cycle, we're exploring extending our flexible
>> > loan schedules work by adding support for a line of credit.
>> >
>> > Line of Credit support means various things in different core banking
>> > systems. We've outlined some of the definitions in this Google Doc:
>> > https://goo.gl/rnZAZd
>> > <
>> >
>> https://web.chilipiper.com/link/mifos.org/57055898e4b02bbec5bc21dc?link=aHR0cHMlM0ElMkYlMkZnb28uZ2wlMkZyblpBWmQ=
>> > >
>> >
>> > We'd like to get feedback on *what are the most common line of credit
>> > products that need to be supported *so we can design the specification
>> > accordingly and take up the work in the upcoming quarter.
>> >
>> > I personally would like to see full support for a true revolving line of
>> > credit product (https://issues.apache.org/jira/browse/FINERACT-134
>> > <
>> >
>> https://web.chilipiper.com/link/mifos.org/57055898e4b02bbec5bc21dc?link=aHR0cHMlM0ElMkYlMkZpc3N1ZXMuYXBhY2hlLm9yZyUyRmppcmElMkZicm93c2UlMkZGSU5FUkFDVC0xMzQ=
>> > >)
>> > that is distinct from our current installment-based loans, our tranche
>> > loans, and our overdraft accounts that incur interest for negative
>> > balances.
>> >
>> > As part of this bucket of work for Phase 3 of our Flexible Loan
>> Schedules,
>> > support could be added for top-up loans:
>> > https://issues.apache.org/jira/browse/FINERACT-131
>> > <
>> >
>> https://web.chilipiper.com/link/mifos.org/57055898e4b02bbec5bc21dc?link=aHR0cHMlM0ElMkYlMkZpc3N1ZXMuYXBhY2hlLm9yZyUyRmppcmElMkZicm93c2UlMkZGSU5FUkFDVC0xMzE=
>> > >
>> >
>> > Please provide reply to this thread with what type of line of credit
>> > products you need support for and add comments to each of these tickets.
>> > *Ed Cable*
>> > Director of Community Programs, Mifos Initiative
>> > edcable@mifos.org
>> > <
>> >
>> https://web.chilipiper.com/link/mifos.org/57055898e4b02bbec5bc21dc?link=bWFpbHRvJTNBZWRjYWJsZSU0MG1pZm9zLm9yZw==
>> > >
>> > |
>> > Skype: edcable | Mobile: +1.484.477.8649
>> >
>> > *Collectively Creating a World of 3 Billion Maries | *http://mifos.org
>> > <
>> >
>> https://web.chilipiper.com/link/mifos.org/57055898e4b02bbec5bc21dc?link=aHR0cCUzQSUyRiUyRm1pZm9zLm9yZw==
>> > >
>> >
>> > <
>> >
>> https://web.chilipiper.com/link/mifos.org/57055898e4b02bbec5bc21dc?link=aHR0cCUzQSUyRiUyRmZhY2Vib29rLmNvbSUyRm1pZm9z
>> > >
>> >
>> > <
>> >
>> https://web.chilipiper.com/link/mifos.org/57055898e4b02bbec5bc21dc?link=aHR0cCUzQSUyRiUyRnd3dy50d2l0dGVyLmNvbSUyRm1pZm9z
>> > >
>> >
>>
>
>
>
> --
> *Ed Cable*
> Director of Community Programs, Mifos Initiative
> edcable@mifos.org | Skype: edcable | Mobile: +1.484.477.8649
>
> *Collectively Creating a World of 3 Billion Maries | *http://mifos.org
> <http://facebook.com/mifos> <http://www.twitter.com/mifos>
>
>
--
Regards
Dev
(m) +91-8974086709
(w) http://www.mangaal.com
Re: DISCUSS: What line of credit products need to be supported in Fineract?
Posted by Ed Cable <ed...@mifos.org>.
Keith,
You are correct. It's probably best to have this on the fineract user
mailing list and then once it gets down into the details of technical
approach to supporting the product we could use this list.
Ed
On Wed, Apr 6, 2016 at 1:45 PM, Keith Woodlock <ke...@gmail.com>
wrote:
> Ed,
>
> These product related questions sound like they would be of more interest
> to the user/product related members of the community.
>
> I wouldnt expect developers to have an opinion on these. Although the likes
> of Musoni and Conflux would know what their clients are asking for it would
> still be a user community discussion.
>
> regards,
> Keith.
>
> On Wed, Apr 6, 2016 at 8:01 PM, Ed Cable <ed...@mifos.org> wrote:
>
> > As part of the Q2 release cycle, we're exploring extending our flexible
> > loan schedules work by adding support for a line of credit.
> >
> > Line of Credit support means various things in different core banking
> > systems. We've outlined some of the definitions in this Google Doc:
> > https://goo.gl/rnZAZd
> > <
> >
> https://web.chilipiper.com/link/mifos.org/57055898e4b02bbec5bc21dc?link=aHR0cHMlM0ElMkYlMkZnb28uZ2wlMkZyblpBWmQ=
> > >
> >
> > We'd like to get feedback on *what are the most common line of credit
> > products that need to be supported *so we can design the specification
> > accordingly and take up the work in the upcoming quarter.
> >
> > I personally would like to see full support for a true revolving line of
> > credit product (https://issues.apache.org/jira/browse/FINERACT-134
> > <
> >
> https://web.chilipiper.com/link/mifos.org/57055898e4b02bbec5bc21dc?link=aHR0cHMlM0ElMkYlMkZpc3N1ZXMuYXBhY2hlLm9yZyUyRmppcmElMkZicm93c2UlMkZGSU5FUkFDVC0xMzQ=
> > >)
> > that is distinct from our current installment-based loans, our tranche
> > loans, and our overdraft accounts that incur interest for negative
> > balances.
> >
> > As part of this bucket of work for Phase 3 of our Flexible Loan
> Schedules,
> > support could be added for top-up loans:
> > https://issues.apache.org/jira/browse/FINERACT-131
> > <
> >
> https://web.chilipiper.com/link/mifos.org/57055898e4b02bbec5bc21dc?link=aHR0cHMlM0ElMkYlMkZpc3N1ZXMuYXBhY2hlLm9yZyUyRmppcmElMkZicm93c2UlMkZGSU5FUkFDVC0xMzE=
> > >
> >
> > Please provide reply to this thread with what type of line of credit
> > products you need support for and add comments to each of these tickets.
> > *Ed Cable*
> > Director of Community Programs, Mifos Initiative
> > edcable@mifos.org
> > <
> >
> https://web.chilipiper.com/link/mifos.org/57055898e4b02bbec5bc21dc?link=bWFpbHRvJTNBZWRjYWJsZSU0MG1pZm9zLm9yZw==
> > >
> > |
> > Skype: edcable | Mobile: +1.484.477.8649
> >
> > *Collectively Creating a World of 3 Billion Maries | *http://mifos.org
> > <
> >
> https://web.chilipiper.com/link/mifos.org/57055898e4b02bbec5bc21dc?link=aHR0cCUzQSUyRiUyRm1pZm9zLm9yZw==
> > >
> >
> > <
> >
> https://web.chilipiper.com/link/mifos.org/57055898e4b02bbec5bc21dc?link=aHR0cCUzQSUyRiUyRmZhY2Vib29rLmNvbSUyRm1pZm9z
> > >
> >
> > <
> >
> https://web.chilipiper.com/link/mifos.org/57055898e4b02bbec5bc21dc?link=aHR0cCUzQSUyRiUyRnd3dy50d2l0dGVyLmNvbSUyRm1pZm9z
> > >
> >
>
--
*Ed Cable*
Director of Community Programs, Mifos Initiative
edcable@mifos.org | Skype: edcable | Mobile: +1.484.477.8649
*Collectively Creating a World of 3 Billion Maries | *http://mifos.org
<http://facebook.com/mifos> <http://www.twitter.com/mifos>
Re: DISCUSS: What line of credit products need to be supported in Fineract?
Posted by Ed Cable <ed...@mifos.org>.
Keith,
You are correct. It's probably best to have this on the fineract user
mailing list and then once it gets down into the details of technical
approach to supporting the product we could use this list.
Ed
On Wed, Apr 6, 2016 at 1:45 PM, Keith Woodlock <ke...@gmail.com>
wrote:
> Ed,
>
> These product related questions sound like they would be of more interest
> to the user/product related members of the community.
>
> I wouldnt expect developers to have an opinion on these. Although the likes
> of Musoni and Conflux would know what their clients are asking for it would
> still be a user community discussion.
>
> regards,
> Keith.
>
> On Wed, Apr 6, 2016 at 8:01 PM, Ed Cable <ed...@mifos.org> wrote:
>
> > As part of the Q2 release cycle, we're exploring extending our flexible
> > loan schedules work by adding support for a line of credit.
> >
> > Line of Credit support means various things in different core banking
> > systems. We've outlined some of the definitions in this Google Doc:
> > https://goo.gl/rnZAZd
> > <
> >
> https://web.chilipiper.com/link/mifos.org/57055898e4b02bbec5bc21dc?link=aHR0cHMlM0ElMkYlMkZnb28uZ2wlMkZyblpBWmQ=
> > >
> >
> > We'd like to get feedback on *what are the most common line of credit
> > products that need to be supported *so we can design the specification
> > accordingly and take up the work in the upcoming quarter.
> >
> > I personally would like to see full support for a true revolving line of
> > credit product (https://issues.apache.org/jira/browse/FINERACT-134
> > <
> >
> https://web.chilipiper.com/link/mifos.org/57055898e4b02bbec5bc21dc?link=aHR0cHMlM0ElMkYlMkZpc3N1ZXMuYXBhY2hlLm9yZyUyRmppcmElMkZicm93c2UlMkZGSU5FUkFDVC0xMzQ=
> > >)
> > that is distinct from our current installment-based loans, our tranche
> > loans, and our overdraft accounts that incur interest for negative
> > balances.
> >
> > As part of this bucket of work for Phase 3 of our Flexible Loan
> Schedules,
> > support could be added for top-up loans:
> > https://issues.apache.org/jira/browse/FINERACT-131
> > <
> >
> https://web.chilipiper.com/link/mifos.org/57055898e4b02bbec5bc21dc?link=aHR0cHMlM0ElMkYlMkZpc3N1ZXMuYXBhY2hlLm9yZyUyRmppcmElMkZicm93c2UlMkZGSU5FUkFDVC0xMzE=
> > >
> >
> > Please provide reply to this thread with what type of line of credit
> > products you need support for and add comments to each of these tickets.
> > *Ed Cable*
> > Director of Community Programs, Mifos Initiative
> > edcable@mifos.org
> > <
> >
> https://web.chilipiper.com/link/mifos.org/57055898e4b02bbec5bc21dc?link=bWFpbHRvJTNBZWRjYWJsZSU0MG1pZm9zLm9yZw==
> > >
> > |
> > Skype: edcable | Mobile: +1.484.477.8649
> >
> > *Collectively Creating a World of 3 Billion Maries | *http://mifos.org
> > <
> >
> https://web.chilipiper.com/link/mifos.org/57055898e4b02bbec5bc21dc?link=aHR0cCUzQSUyRiUyRm1pZm9zLm9yZw==
> > >
> >
> > <
> >
> https://web.chilipiper.com/link/mifos.org/57055898e4b02bbec5bc21dc?link=aHR0cCUzQSUyRiUyRmZhY2Vib29rLmNvbSUyRm1pZm9z
> > >
> >
> > <
> >
> https://web.chilipiper.com/link/mifos.org/57055898e4b02bbec5bc21dc?link=aHR0cCUzQSUyRiUyRnd3dy50d2l0dGVyLmNvbSUyRm1pZm9z
> > >
> >
>
--
*Ed Cable*
Director of Community Programs, Mifos Initiative
edcable@mifos.org | Skype: edcable | Mobile: +1.484.477.8649
*Collectively Creating a World of 3 Billion Maries | *http://mifos.org
<http://facebook.com/mifos> <http://www.twitter.com/mifos>
Re: DISCUSS: What line of credit products need to be supported in Fineract?
Posted by Keith Woodlock <ke...@gmail.com>.
Ed,
These product related questions sound like they would be of more interest
to the user/product related members of the community.
I wouldnt expect developers to have an opinion on these. Although the likes
of Musoni and Conflux would know what their clients are asking for it would
still be a user community discussion.
regards,
Keith.
On Wed, Apr 6, 2016 at 8:01 PM, Ed Cable <ed...@mifos.org> wrote:
> As part of the Q2 release cycle, we're exploring extending our flexible
> loan schedules work by adding support for a line of credit.
>
> Line of Credit support means various things in different core banking
> systems. We've outlined some of the definitions in this Google Doc:
> https://goo.gl/rnZAZd
> <
> https://web.chilipiper.com/link/mifos.org/57055898e4b02bbec5bc21dc?link=aHR0cHMlM0ElMkYlMkZnb28uZ2wlMkZyblpBWmQ=
> >
>
> We'd like to get feedback on *what are the most common line of credit
> products that need to be supported *so we can design the specification
> accordingly and take up the work in the upcoming quarter.
>
> I personally would like to see full support for a true revolving line of
> credit product (https://issues.apache.org/jira/browse/FINERACT-134
> <
> https://web.chilipiper.com/link/mifos.org/57055898e4b02bbec5bc21dc?link=aHR0cHMlM0ElMkYlMkZpc3N1ZXMuYXBhY2hlLm9yZyUyRmppcmElMkZicm93c2UlMkZGSU5FUkFDVC0xMzQ=
> >)
> that is distinct from our current installment-based loans, our tranche
> loans, and our overdraft accounts that incur interest for negative
> balances.
>
> As part of this bucket of work for Phase 3 of our Flexible Loan Schedules,
> support could be added for top-up loans:
> https://issues.apache.org/jira/browse/FINERACT-131
> <
> https://web.chilipiper.com/link/mifos.org/57055898e4b02bbec5bc21dc?link=aHR0cHMlM0ElMkYlMkZpc3N1ZXMuYXBhY2hlLm9yZyUyRmppcmElMkZicm93c2UlMkZGSU5FUkFDVC0xMzE=
> >
>
> Please provide reply to this thread with what type of line of credit
> products you need support for and add comments to each of these tickets.
> *Ed Cable*
> Director of Community Programs, Mifos Initiative
> edcable@mifos.org
> <
> https://web.chilipiper.com/link/mifos.org/57055898e4b02bbec5bc21dc?link=bWFpbHRvJTNBZWRjYWJsZSU0MG1pZm9zLm9yZw==
> >
> |
> Skype: edcable | Mobile: +1.484.477.8649
>
> *Collectively Creating a World of 3 Billion Maries | *http://mifos.org
> <
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