Loan product currency
Currency code, decimal places, and amount multiples.
This is step 2 of the create wizard.
Choosing a currency
Currency is a searchable list of currencies your institution has enabled
under Organization → Currencies. Each option
shows the name and the code (for example KES, not a symbol).
Choosing a currency fills decimal places from that currency. You can still change decimal places on the product if Fineract allows it (0–6).
If the currency you need is missing, enable it under Currencies first, then return here.
Multiples
- In multiples of — optional. Principal and similar amounts round to this step (for example 1, 10, or 100).
- Installment amount in multiples of — optional. Used when the product lets officers set an installment amount.
Amounts on later steps
Fields such as principal stay disabled until a currency is chosen. From
then on they show the currency code in the field — never $, €, or
KSh.
Charges on the next-but-one step are filtered to this currency. Change currency after attaching charges and unmatched charges disappear from the list.
No walkthrough on this page yet.
Ask for a walkthrough of this page. We use the count to decide what to record next — no name or email.
Was this article helpful?
Yes or no only — no name or email.