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Please note when creating a loan group, you will need to at least link one active loan product before you can successfully create a loan product group. 

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iii).

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Attributes

This section collects information on the loan attributes that are linked to the loan group you are creating.

Loan attributes Attributes help merchants to be able to curate an application flow that suits the loan products.

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Also you are not able to edit the loan attributes. This is because we need to look into how we can edit the attributes without interfering with loan applications since attributes affect the flow of applications. Once we have a clear vision on this we can work on the feature to edit attributes.

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4. Link a Loan Product to a Loan Product Group

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Please note that you can only link active loan products. You might need to must activate the loan products that you’d like to link first before trying to link loan products.

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Please note the following:

  • One will not be allowed to disable a loan product if the If a loan product is linked to an active loan product group.One , one will not be allowed able to disable a the said loan product if it is the only .

  • If there’s only one active loan product linked to an active loan product group, one will not be allowed to disable that loan product.

How the feature works

  1. Merchant signs in on MP

  2. Navigate to the loan product groups tab

  3. Merchants can create a new loan product.

  4. After creating a new loan product group, it will appear on the list of loan product groups created on the application and is saved as a draft. The merchant will need to enable it for it to be in use.

  5. Once activated, new applicants on CP will be able to view the new loan product group and choose it during loan application on both sign up and sign in

  6. Once the customer chooses the product, the attributes selected for that loan product group on MP, is the application flow that will be on CP for the customers.

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