Glossary term

Flexible Repayment Periodicity

This term has 2 definitions.

1. REs must offer borrowers a board-approved policy allowing weekly, fortnightly, or monthly repayments for microfinance loans. This flexibility helps align repayment schedules with the borrower’s cash flows?enhancing affordability and reducing default risk.

2. REs must offer borrowers the choice of weekly, fortnightly, or monthly repayment schedules, with a board-approved policy, to match clients? cash flows and reduce default risks.

All terms beginning with F