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In new Group Loan there will be a new approach of Group Loan account. There will be individual member accounts and Group loan account only for information purposes. During the Group loan creation, also individual accounts will be created for every member of group loan. Group loan account will be will be a sum of member's accounts. It would be possible to access every individual member loan account, so that there will be a possibility to repay every individual account or close it, and information about that will be immediately visible on Group loan account. While applying payment to the entire Group loan, amount will be divided automatically into Group Loan account members but there will be also possible to modify exact payment amount of every member. This new approach will be more flexible and will meet more client requirements.

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• Old Loan Product should accept new Group Loans for Groups
• Possibility to create Group Loan account with individual member loan accounts
• Ability to apply payment to Group Loan and also to individual member loan accounts
• Possibility to apply payment to entire Group loan with automatic amount deduction and option to manually edit payment amount for every individual member
• Possibility to apply payment only to individual member loan account
• Possibility to repay new Group Loan by trasfer from Savings
• Possibility to access individual member loan account from Client details page
• Possibility to adjust transactions on Group loan account with option to manually correct amount for every individual member
• Possibility to adjust transactions made on individual account
• Possibility to apply fees/penalties to group account with automatic amount deduction (according to contribution of every member) and option to manually edit charge amount for every individual member
• Possibility to apply fees/penalties to individual member loan account
• Possibility to apply full repay to individual member loan account and also to group loan account
• Amounts on group account are sum of amounts on member accounts
• No possibility to modify loan account parameters from member accounts
• Possibility to redo Loan with new Group Loan approach
• Possibility to reverse new Group Loan
• Possibility to repay new Group Loan by using Audi Bank Plugin
• Possibility to approve new Group Loan by using 'Approve multiple loans' functionality
• Possibility to attach Question Groups to new Group Loan
• Possibility to close individual member Loan account and also the whole new Group Loan
• Information about transactions on Group and individual accounts should be recorded in the database.

Non-Goals

The following items will not be addressed in this release:

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1. User opens Group Loan account details page
2. User clicks on 'Apply payment' button
3. User enters total payment amount
4. Amount is automatically deducted according to contribution of every member in Group Loan account
5. In On the next same step, user has possibility to has to edit payment amount for every member
6. User clicks 'Submit' button

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1. User opens Group Loan account details page
2. User clicks on 'Apply payment' button
3. Amount is automatically deducted according to contribution of every member in Group Loan account
4. In the next same step, user has possibility to has to edit payment amount for every member
5. User clicks 'Submit' button

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1. User opens Group Loan account details page
2. User clicks on 'Apply payment' button 
3. Amount is automatically deducted according to contribution of every member in Group Loan account 
4. In the next same step, user has possibility to has to edit payment amount for every member
5. User clicks 'Submit' button

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1. User opens Group Loan account details page
2. User clicks on 'Apply charges' button
3. User can select either fee or penalty
4. Charge amount is automatically deducted according to contribution of every member in Group Loan account
5. In the next step, user has possibility to has to edit charge amount for every member
6. User clicks 'Submit' button

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• Group Loan account was previously created

Basic Flow

1. User opens individual member group loan account details page
2. User clicks on 'Apply charges' button
3. User can select either fee or penalty
4. User charge amount for selected individual member (other members should get amount 0)
5. User clicks 'Submit' button

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• Charge is applied to individual member accounts and information about applied charges is automatically updated on Group Loan account.
• Charge applied from individual member account level can be only modified from individual member level and cannot be modified from Group Loan account level
• It is possible to add all kindes It is possible to add all kindes of fees/penalties (periodic fees, automatic penalties, one time fees etc.)

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1. User opens Group Loan account details page
2. User clicks on 'Apply payment' button
3. Amount is automatically deducted according to contribution of every member in Group Loan account
4. In the next same step, user has possibility to has to edit payment amount for every member
5. User clicks 'Submit' button

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8. Use Cases - Apply transactions to new Group Loan by using Collection Sheet Data Entry

8.1 User can apply payment by using

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Collection Sheet Data Entry

Actors

• User with permission: "Can Enter Collection Sheet Data"

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• Payments are applied to individual accounts and also to Group Loan account

9. Use Cases - Redo & Reverse of new Group Loan

9.1 User can redo new Group Loan account by using previously created product 

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1. From 'Admin' tab user clicks 'Redo Loan Disbursal'
2. User selects previously created product
3. Page with loan parameters is displayed and also user can select members of group loan from the list (list contains only clients who are members of this group) and disbursal date
4. User can enter amount of every member. Total group loan amount is a sum of amounts from every member
5. Loan schedule is displayed and user has possibility to enter payment amount for each installment and for every individual member
6. User click clicks 'Submit'.

Post-condition

• New Group loan account is redone along with individual accounts for every selected member of Group. 

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• Individual accounts are created only for members selected during redo loan, not for all members of the Group.
• If Loan product was not previously created, at 2. there is a validation message that no products are available.
• Next to every installment there is a button to expand view and enter payment amount for every Group Loan member.

Functional Requirements

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FR#

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Description

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Comments/Mockups

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9.2 User can reverse new Group Loan account

Actors

• User with permissions: "Can reverse Loan disbursals"

Preconditions

• New Group configuration option is enabled
• Loan product for new Group Loan was previously created
• New Group Loan account was created and disbursed

Basic Flow

1. From 'Admin' tab user clicks 'Reverse Loan Disbursal'
2. User enters number of account which should be reversed
3. User confirms that he wants to reverse loan account
4. User clicks 'Submit'.

Post-condition

• New Group loan account is reversed along with individual accounts for every selected member of Group.

10. Use Cases - Approve multiple new Group Loans

10.1 User can approve multiple new Group Loans

Actors

• User with permissions: "Can approve loans in bulk"

Preconditions

• New Group Loan was created but not approved

Basic Flow

1. User clicks on 'Approve multiple loans' link
2. User selects branch, loan officer and status
3. User clicks 'Search'
4. New Group Loan is displayed in the results
5. User clicks 'Submit' to approve new Group Loan.

Post-condition

• New Group loan account is successfully approved. 

Validations

• 'Can change state to Approved' permission should have impact on new Group Loan approval.

11. Use Cases - Question Groups

11.1 User can attach a Question Group to new Group Loan during create flow

Actors

• User with permissions: "Can manage question groups"

Preconditions

• Question Group with questions has been created and assigned to Create Loan flow

Basic Flow

1. User starts creating a new Group Loan account
2. User enters all necessary parameters
3. Page with Question Group is displayed and it is possible to answer to all questions
4. User clicks 'Submit' to create a new Group Loan.

Post-condition

• Question Group with answers can be viewed by clicking on 'View Additional Information' link on Group Loan details page

Validations

• Question Group has all answers added during Loan creation and it is possible to edit them if it was defined in Question Group definition.
• Question Group is not displayed for individual member accounts.

11.2 User can attach a Question Group to new Group Loan from view flow

Actors

• User with permissions: "Can manage question groups"

Preconditions

• Question Group with questions has been created and assigned to View Loan flow

Basic Flow

1. User go to new Group Loan details page
2. User clicks on 'Attach a new Question Group' link
3. User can select Question Group and click 'Continue' button
4. Page with Question Group is displayed and it is possible to answer to all questions
5. User clicks 'Submit'.

Post-condition

• Question Group with answers can be viewed by clicking on its name under 'Question Groups' section

Validations

• Question Group has all answers added while attaching QG and it is possible to edit them if it was defined in Question Group definition.
• Question Group is not displayed for individual member accounts.

11.3 User can attach a Question Group to new Group Loan during close loan flow, approve loan flow and disburse loan flow

Actors

• User with permissions: "Can manage question groups"

Preconditions

• Question Group with questions has been created and assigned to close loan flow/approve loan flow/disburse loan flow

Basic Flow

1. User starts closing/disbursing/approving new Group Loan
2. User enters all necessary parameters
3. Page with Question Group is displayed and it is possible to answer to all questions
4. User clicks 'Submit' to create a new Group Loan.

Post-condition

• Question Group is displayed during close loan flow/approve loan flow/disburse loan flow

Functional Requirements

Standard Considerations

Security

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