Loan Approvals
Employer-guarantor queue - staff salaried loans, Akagera Holdings Ltd
Company as guarantor: approving a request commits Akagera Holdings Ltd as guarantor.
Repayments are collected from the employee's Efashe wallet or mobile-money mandate; there is no payroll deduction in
Phase 1. Approvals follow maker-checker: an initiator raises the request, a designated approver signs it off.
GU
Grace Umutoni
Sales - AKG-0420
RWF 750,000
12 months
JU
Josiane Uwimana
Human Resources - AKG-0422
RWF 400,000
6 months
EB
Emmanuel Bizimana
IT - AKG-0423
RWF 1,000,000
18 months
Request detail
Pending approvalGU
Grace Umutoni
Sales - AKG-0420 - joined Mar 2023
ProductSalaried Loan (Phase 1)
Amount requestedRWF 750,000
Tenor12 months
Monthly repaymentRWF 68,750
Max loan limitRWF 2,000,000
Existing Efashe loansRWF 0
Roster limit check
Within cap
CRB status
Clear (TransUnion)
Guarantor terms: Akagera Holdings Ltd guarantees this facility of RWF 750,000 over
12 months, with a monthly repayment of RWF 68,750 collected from the employee.
Approved as guarantor
Grace Umutoni, AKG-0420 - RWF 750,000 over 12 months
The loan is booked and the money is in her wallet.
Your guarantee is what made the rate possible, and repayment comes out of payroll before she sees it.
| Employee | Grace Umutoni, AKG-0420, Sales |
| Amount | RWF 750,000 |
| Her roster limit | RWF 900,000, so this is inside it |
| Term | 12 months |
| Rate | 1.8% per month, employer guaranteed |
| Monthly deduction | RWF 76,000 |
| First deduction | August payroll |
| Approved by | Thomas Nkusi, finance director, today 11:04 |
| Guarantor terms | MOU v2, clause 4, recorded on the decision |
What your guarantee means in practice. If Grace leaves before the loan
clears, the balance falls to your organisation to settle from her final pay, and anything still short
of that is yours under the MOU.
Application rejected
Grace Umutoni, AKG-0420 - RWF 750,000
Nothing was lent and her roster limit has not changed.
Grace can apply again; a rejection is a decision on one application, not a block on her.
| Rejected by | Thomas Nkusi, today 11:06 |
| Reason recorded | Amount is too high for her grade |
| Grace was told | By SMS and in the wallet, with your reason |
| Her roster limit | RWF 900,000, unchanged |
| Can she reapply | Yes, immediately, for any amount inside her limit |
This one is over limit
Eric Mugisha, AKG-0417 - asked for RWF 1,400,000
You cannot approve this as it stands, and the approve
button is unavailable rather than present and refusing. His roster limit is RWF 1,200,000, so
approving RWF 1,400,000 would guarantee more than the roster says you agreed to.
| Requested | RWF 1,400,000 |
| His roster limit, v7 | RWF 1,200,000 |
| Over by | RWF 200,000 |
| Platform error if forced | LEN-3006 AMOUNT_OVER_LIMIT |
Two honest ways forward. Approve the RWF 1,200,000 he is entitled to, or
raise his roster limit, which itself needs a roster version and an approver. There is no third route
that quietly exceeds the guarantee.
Two applications are ineligible
Neither can be approved by you, for different reasons
Samuel Nsengimana Not on the roster
He applied for a salary loan but does not appear on roster v7. He may be a recent joiner who has not been added, or he may have left.
| Error | LEN-3005 NOT_ON_APPROVED_ROSTER |
| Last seen on | Never, no version has included him |
Patrick Nkurunziza Credit check declined
He is on the roster and inside his limit, but the credit bureau check came back with an active default at another lender. Your guarantee does not override that.
| Error | 422 RISK_DECLINED |
| Bureau finding | Active default, RWF 340,000, 118 days |
| You can | Nothing here. He must settle it with that lender. |
You are not told the lender's name. That is
his private credit information; you are told only that the check failed.