In Wakandi, you get a complete overview of all loan applications in one place.
Go to Loans, click on Applications, and search for the loan applicant's name.
Review a loan application
Follow these steps to review a loan application:
- Go to the list of all loan applications by clicking here.
- Find the loan application in the list or by using the search function.
- Click on the application ID to see the loan details
- If the loan application is assigned to you, you can do the following:
- Approve the loan stage by clicking on Approve. If you approve, the loan goes to the next stage.
- Reject the loan stage by commenting on why the loan is rejected and clicking on the Reject button. The member gets notified if the loan is rejected.
- Change the user that should approve the loan stage (click on Edit, choose user and click Save).
- Change the user that should approve the loan stage (click on Edit, choose user and click Save).
- Put the loan application on hold by clicking on Hold.
- When all stages in the loan application have been approved, the loan is ready for disbursement.
Follow this article on how to Disburse a loan.