Loan Application Transaction Overview

The Loan Application transaction allows a Buying Station Manager to register smallholder farmers who want to apply for a loan directly from a lender.

The Buying Station Manager uses the Rural Sourcing Management application to record the name of the smallholder farmer and the desired lender. The Buying Station Manager can log into the Web interface to prepare a report to give to the lender. The report initially includes a full list of smallholder farmers who want a loan. Then, during the application process, the system administrator can prepare a more detailed report that includes a work record for each specific smallholder farmer to support the loan application.

Sample business context for using Loan Application transactions:

The smallholder farmer and the Buying Station Manager meet face-to-face
The smallholder farmer wants to have access to financial products and needs support
The farmer requests a loan from a specific lender
The Buying Station Manager helps to establish a connection with the selected lender
The Buying Station Manager can use the Web interface to prepare a report for the lender with the smallholder farmer's work history records in support of the application

Configuration is set up by the system administrator through the Web interface in conjunction with SAP personnel, as described in the Administration Guide.