GLIM

Owned by Mounashree S (Unlicensed)
Last updated: Sept 04, 2017
3 min read

GLIM (Group Loan Individual Module) is a Group Loan with individual split ups. GLIM loan is a single loan with individual loan split ups where both the loan disbursement and repayments can be done client wise.

Step 1: GLIM Loan Application

Go to Group and click on "GLIM Application" which will navigate to the GLIM Loan Application screen as shown on the fig 2

Fig 1: GLIM Application


Step 2: Apply GLIM Loan

Select the clients applying for GLIM loan, select the loan purpose and amount with all required details and click on submit to apply for a loan. The total principal amount is shown as shown in the fig 2 as the loan is considered as a single loan.

Fig 2: GLIM Loan Application



Step 3: Approve GLIM Loan

The loan amount for each client is shown individually as shown in the fig 3. The amount fields are editable and allowed to enter the amount lower than the loan amount submitted. Update all the required data and clcik on approve button.

Fig 3: Approve GLIM Loan Application


Step 4: Disburse GLIM Loan 

The loan amount for each client is shown individually as shown in the fig 4. The amount fields are editable and allowed to enter the amount lower than the loan amount submitted. Update all the required data and click on disburse button.

Fig 4: Disburse GLIM Loan Application


Step 5: Repayment Info and GLIM Split ups

The fig 5 shows the loan level repayment info.

Fig 5: Loan Level Repayment Info


Fig 6 shows the Client level loan split up where loan data is divided client wise. Click on "View Repayment Schedule" to view client wise repayment schedule as shown in the fig 7.

Fig 6: Client Level Loan Split ups


Fig 7: Client Level repayment Info

Step 6: Make Repayment

Fig 8 show the repayment screen where the repayment amount is collected client wise and this screen also diplays the default EMI data which can be copied into the installment amount field.

Note: To enable client wise repayment screen the configuration "glim-payment-as-group" should be disabled else the repayment will be done loan(group)wise.