Change a loan product, and have it approved by the Board of Directors.
To change a loan product, you change the product characteristics in the Credit Policy, which needs to be approved by the Board of Directors.
Any change on a loan product needs to be approved by the Board of Directors.
a) Change the Credit Policy
First, you must make the changes to the credit policy:
- Log in to the Wakandi Admin Panel.
- Go to Settings.
- Choose Policies and Credit Product Policy.
- Click on the pen icon on the loan product you want to change.
- Make the necessary changes.
- Click on Submit to change the policy.