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To create a loan account for a client

To create a loan account for a

group 

Create new group loan

Group Loan application : If the group wants take a loan (as group one loan) and do not want track how the loan is spitted between (among)the group members and as group repayment is collected. In this case only one loan account is created against the particular group. ( This is feature is useful for Bank linkage programs, where Nationalized Banks provide loan to a group rather than to member and as group need to repay the loan ex: SHGs)client, you must select the client and view the client's profile.

1. From the view client screen, click +New Loan on the bright blue action bar.
2. Select the loan product to base the loan account on from the product list.
3. Complete the loan account fields, making any modifications from the default that are allowed and applicable to the loan application.
4. Click Submit.

To create a loan account for a group 

To create a loan account for a client, you must select the client and view the client's profile.

1. From the view client screen, click +New Loan on the bright blue action bar.
2. Select the loan product to base the loan account on from the product list.
3. Complete the loan account fields, making any modifications from the default that are allowed and applicable to the loan application.
4. Click Submit.

2. Field Name (attribute)	Description	Example	Validations (if applicable)

See: http://mifos.cloud.answerhub.com/questions/116/what-is-the-difference-between-group-loan-applicat.html

Create new JLG loan 

New JLG loan application: In JLG loan application, a loan is created for each member of that group (one can exclude members if member is not applied for new loan) and tracked at member level only.And only these JLG loans appear in the collection sheet. This is feature is useful for organization following Grameen or similar methodology (center, group and joint liability loans)

It is similar to the individual loan but individual loan does not appear in the collection sheet.

2. Field Name (attribute)	Description	Example	Validations (if applicable)

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