FastLink Limited is a microfinance company that gives out loans to deserving customers. Customers pay simple interests on the loan given (Principal) per annum. FastLink urgently needs a system that will help them keep proper records on their customers as well as loan records. 1. Customers are charged a simple interest per annum on any approved loan. Assuming every loan applied for is approved, develop an interface that will help the company to keep records of their loan applicants in a database. Remember, only registered customers of the company can access loans. Simple Interest (SI) = (Principal (P) * Rate(R) * Time (T)) / 100.
FastLink Limited is a microfinance company that gives out loans to deserving customers. Customers pay simple interests on the loan given (Principal) per annum. FastLink urgently needs a system that will help them keep proper records on their customers as well as loan records.
1. Customers are charged a simple interest per annum on any approved loan. Assuming every loan applied for is approved, develop an interface that will help the company to keep records of their loan applicants in a
Simple Interest (SI) = (Principal (P) * Rate(R) * Time (T)) / 100.
The Principal, Rate and Time should be entered.
2.Create an interface for retrieving the loan records of a client showing the basic records of the
client as well as the loan records of the client.
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