Credit Assesment
The Credit Assessment module is where Field Officers capture and complete customer information related to their personal and business profiles. Within this module, Field Officers can also initiate loan requests and upload the necessary supporting documents.
Creating an Assessment
Navigate to the Loaning module.
Under Loaning, select Credit Assessment.
Click the "+ New Inquiry" button located at the top-left of the screen.
In the Credit Assessment Inquiry form, complete the following sections:
Personal Information
Location Detail
Loan Request Details
Assessment Details
Borrower's Summary
Upload Documents
Personal Information
Select Existing Customer
Choose a registered customer from the system customer migration to pre-fill their details
Date of Inquiry
The date on which the credit assessment inquiry is being initiated
First Name
The customer's given name
Middle Name
The customer's middle name
Last Name
The customer's last name
ID Number
The unique identifier of the customers
Date of Birth
Customers date of birth
Gender
Customers gender
Mobile Number
The customer’s active phone number
Email Address
The customer's valid email address
FB/Messenger
The customer’s Facebook or Messenger contact
Family Members
When entering family member details, ensure that you click the “Add Family Member” button after filling in the required information. This action will add the entry to the Family Members table
Name
The full name of the family member
Birthdate
The date of birth of the family member
School/Occupation
The current school or occupation held by the family member
Grade/Year
The academic grade or year level of the family member is a student
Tuition/Salary
The amount paid for tuition (if a student) or salary earned (if employed)
Living in the Same Household
A boolean (Yes/No) indicator
Location Details
This section is used to capture the customer’s location details
Address
Captures the full physical location of a business
Province
The primary administrative division within a country
Town
A populated area within a province, smaller than a city but larger than a village
Subdivision
A legally or administratively defined section within a town
Barangay
The smallest administrative division in the Philippines, equivalent to a neighborhood
Street
The name of the road along which the property is located
Lot No./Block/Zone
Technical identifiers that provide accuracy in property location within subdivisions
Birth Place
The geographical location where the individual was born
Loan Request Details
This section is used to capture the customer's loan details, including the requested amount, repayment terms, and interest information. It also provides a preview of the customer's loan repayment schedule for review before submission
Bank product
The specific financial product being offered by the bank
Loan Purpose
The primary reason for which the loan is being applied
Sub loan purpose
A more specific explanation of the loan purpose
Industry
The sector in which the borrower (individual or business) operates
Industry Classification
A standardized description representing the industry
Requested Loan Amount
The amount of money the borrower is requesting from the lender
Payment frequency
The interval at which loan repayments will be made
Loan term
The total duration over which the loan is to be repaid, usually expressed in months or years
Annual interest rate
The nominal interest rate expressed as a percentage per year
Interest rate value
The numerical value of the interest rate applied to the loan per term
Interest rate type
Specifies whether the interest rate is fixed or a percentage
Interest calculation method
The formula used to compute interest on the loan amount
Total interest
The total interest amount payable over the entire loan term based on the loan amount, term, and interest calculation method
Loan description
A text field allowing the bank officer to provide additional details
Assessment details
This section is used to capture the customer's assessment details, including business expenses, liabilities, assets, income sources, and other relevant financial information
Borrowers summary
This section provides a brief narrative describing the customer's background, business activities, and financial behavior. It also outlines the applicable fees associated with the loan
Upload documents
This section displays the list of required documents that are to be uploaded for the customer
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