How to loan recover from savings.

Created by Judy Macharia, Modified on Thu, 21 Sep 2023 at 05:03 PM by Judy Macharia

A sacco staff member (with the appropriate user-role permissions) can recover a member’s loan repayments from the member’s savings account through the following steps:

  1. Log into https://app.kwara.com/
  2. Search for the member who you wish to recover the amount from, navigate to their member profile
  3. On the member profile page, click on the Add button then Withdrawal
  4. Choose the members savings account where you wish to withdraw from, enter the amount to be withdrawn and record the withdrawal method 
  5. Record any (optional) narration then click on the confirm button
  6. On the member profile page, click on the Add button then Repayment button 
  7. Choose the member's loan account where you wish to repay, enter the amount to be repaid and record the repayment method
  8. Record a narration detailing where the amount is from (or it's purpose) and then click on the confirm button

Was this article helpful?

That’s Great!

Thank you for your feedback

Sorry! We couldn't be helpful

Thank you for your feedback

Let us know how can we improve this article!

Select atleast one of the reasons
CAPTCHA verification is required.

Feedback sent

We appreciate your effort and will try to fix the article