Search for the member created and Navigate to the loan account
Click on the view Loan account and on the More button at the top Select Refinance
Configure the refinanced loan
Enter a new principal amount, Choose the purpose, and Enter new duration where applicable
Click the next button and choose the mode of repayment
Click next and select the mode of disbursement
Click next and enter guarantor information
Review your details in the next window and click the submit button to log in the new loan
Navigate back to the member account and find the pending loan account
Review the loan and approve
Navigate back to the member profile and find the Approved loan account
Select the Approved loan and disburse.
Navigate back to the member account(Note the original loan account is in Closed refinanced status)