Creating a Borrower
Adding a new borrower to your system is an essential step before initiating any loans. Follow these detailed steps to create a complete and accurate borrower profile:
Navigate to the Borrowers Page
From your dashboard navigation menu, select "Borrower Mangement -> Borrowers".
On the Borrowers page, click the "Add Borrower" button, usually located at the top right corner of the screen.
Fill in Basic Information
Full Name: Enter the complete, legal name of the borrower. This helps ensure proper identification and communication.
ID Number / National ID: Input the official identification number, which is critical for verification and legal compliance.
Contact Information:
Phone Number: Include a reliable contact number.
Email Address: Provide an active email address for notifications and correspondence.
Address: Write the current physical address of the borrower. This can include street, city, region, and country.
Attach Borrower Files
Under the "Borrower Files" section, upload relevant documents such as:
Identity proof (passport, driver’s license, national ID)
Proof of residence (utility bills, lease agreements)
Any additional documentation required by your lending policies.
Attachments can be added as multiple files per borrower; ensure they are clear and legible.
Other Extra Fields (Optional)
The form may include additional fields such as:
Date of Birth
Marital status
Employment status
etc
Review and Verify
Double-check all the information entered for accuracy.
Make sure all uploaded files are correctly attached and legible.
Save the Borrower Profile
Click "Save" to create the borrower record.
Once saved, the borrower profile will be available in the list for future reference, loan assignment, or updates.
Post-Creation Actions
You can update borrower information at any time.
Upload additional borrower files later if needed.
Use this profile to initiate new loan applications.
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