Ideas for the Mambu Banking Engine

Displaying Guarantors' information in loan contracts

Currently Mambu provides 3 placeholders for loan contracts: {GUARANTOR_NAME}; {GUARANTOR_ACCOUNT}; {GUARANTEE_AMOUNT}. But this information is only available for the first guarantor in the list. 

Organizations that allow multiple guarantors for the same loan would need to list all guarantors in the loan contract. 

Additionally, these guarantors' personal information (name, DOB, address, ID number) needs to be added to the loan contract as well.

Ideally, we should be able to create a "Guarantor's Contract".  All organizations who have guaranteed loans specify the guarantors in the loan contact AND in a separate agreement that is signed by each guarantor, detailing the guaranteed amounts and other terms of the guarantee.

  • Rodica Levitchi
  • Jun 25 2014
  • Already exists
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