Loan Products
Configure interest rates, fees, penalties and limits for each product
Rate Tiers
10·18·28·38% flat
Model
Flat Rate
Max Term
Max LTV
Processing Fee
Penalty
5% of instalment
✓ Early Settlement
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Create New Product
Configure a new loan product with custom rates and terms
UNSAVED
⚙️ Basic Information
📈 Rate Tiers — Fixed by Duration
ℹ️Rates are fixed system-wide by loan duration only. Flat interest model: interest = (rate ÷ 100) × principal. Applicable to all products.
flat on principal
Live Preview — K 50,000 ·
Rate Applied
Interest Amount
Total Repayable
Monthly Instalment
📐 Loan Limits
Available Durations
1 · 2 · 3 · 4 months
All 4 durations available
%
K
K
💰 Fees
K
%
ℹ️If both flat and % are set, the flat amount takes priority. Set both to 0 for no processing fee.
⚡ Penalties
ℹ️A penalty of 5% of the monthly instalment is automatically added when a client misses a payment. Applied after the grace period expires.
Penalty Rate (Fixed)
5%
of missed monthly instalment
Days before penalty is applied after missed due date
🔧 Features
Allow Early Settlement
Borrowers may pay off full balance before maturity
ℹ️Auto-recalculation: When a client settles early in N months, the system automatically applies the rate for N months (e.g. 3-month loan settled in month 1 → recalculated at 10% instead of 28%). The difference is refunded or credited.
Require Guarantor
Mandate at least one guarantor on every application
Product Summary
Usage Statistics
Active Loans
Disbursed
Outstanding
PAR 30
Actions
System Configuration
Company details, automated jobs, SMS provider and formatting
📊
Loan Rate Tiers
System-wide · fixed by duration onlyℹ️These rates are the only rates used in the system. The rate applied to any loan is determined solely by the loan duration chosen at application time. No other factors apply.
flat on principal
⚡Penalty: 5% of the monthly instalment added automatically on each missed payment, after the product's grace period expires. | Early Settlement: Auto-recalculates using the tier rate for the actual months the loan was active.
🏢
Company Information
⚡
Automated Jobs Schedule
⚠️Times are in Zambia Standard Time (UTC+2). Changes apply after next deploy.
Run at
Last Run
Status
📱
SMS & WhatsApp Provider
💱
Currency & Formatting
Preview: K 2,840,200.00
User Accounts
Manage staff accounts and role-based access permissions
Loading users…
perms
Inactive
No users found.
🔐
Role Permissions Matrix
Permission
Super Admin
CEO
Manager
Officer
Accountant
🔍
Audit Log
| Timestamp | User | Action | Entity | Description | IP Address |
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SMS & Reminder Templates
Edit the automated messages sent to borrowers at each trigger point
8 Templates
ℹ️Click a variable below to insert it into the message at the cursor position.
Insert Variable
Live Preview
⚠️Message exceeds 160 characters — will use SMS segments, increasing send cost.
📝
Agreement Details
👤 Borrower Information
💰 Loan Details
K
👔 Officer Details
📊 Computed Summary
Rate Applied
Interest (K)
Total Repayable
Monthly Instalment
👁
Agreement Preview
Scroll to review · Print to save PDFGRASSEMA Loans
Empowering communities through accessible finance · Lusaka, Zambia
Agreement No: | Date:
Loan Agreement
Borrower Details
Full Name:
NRC Number:
Phone:
Address:
Loan Details
Principal
Rate
Total Repayable
Duration
Repayment Schedule
| # | Due Date | Instalment (K) | Principal (K) | Interest (K) | Balance (K) |
|---|---|---|---|---|---|
Collateral
Type:
Reference:
Terms & Conditions
1. The borrower agrees to repay the total amount of in of each.
2. Instalments are due on the same day of each month, beginning one month from the disbursement date.
3. Default Penalty: A penalty of 5% of the monthly instalment () will be automatically added to any instalment that is not paid by the due date, after the applicable grace period.
4. Early Settlement: The borrower may settle the loan early. In such case, interest will be recalculated at the rate applicable to the actual number of months the loan was active, and any overpaid interest will be refunded.
5. The collateral described above is pledged as security. In the event of default, Gracimor Loans reserves the right to enforce the collateral in accordance with the law.
6. This agreement is governed by the laws of the Republic of Zambia and the Bank of Zambia regulations.
2. Instalments are due on the same day of each month, beginning one month from the disbursement date.
3. Default Penalty: A penalty of 5% of the monthly instalment () will be automatically added to any instalment that is not paid by the due date, after the applicable grace period.
4. Early Settlement: The borrower may settle the loan early. In such case, interest will be recalculated at the rate applicable to the actual number of months the loan was active, and any overpaid interest will be refunded.
5. The collateral described above is pledged as security. In the event of default, Gracimor Loans reserves the right to enforce the collateral in accordance with the law.
6. This agreement is governed by the laws of the Republic of Zambia and the Bank of Zambia regulations.
Signatures
Borrower Signature & Date
Loan Officer Signature & Date
Witness Signature & Date
_______________________
Manager / Authorised Signatory
_______________________
Import & Export
Migrate data from your old system · Export current data for backup or analysis
📥 Import Data
ℹ️
Import order is mandatory:
Borrowers → Loans → Payments · Collateral · Guarantors.
Each row is validated and either imported or reported as an error — no partial rows are saved.
Duplicate borrowers (same NRC) are skipped automatically.
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📤 Export Data
👥
All Borrowers
Profiles & contact info
📋
All Loans
Loan book with terms & status
💳
All Payments
Full payment history