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Nairaland Forum / Nairaland / General / Jobs/Vacancies / How Can I Handle Portfolio Default? (group Loan) (355 Views)
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How Can I Handle Portfolio Default? (group Loan) by AOMP: 10:07pm On Mar 08, 2018 |
Good day guys....please if you work as a marketer in a microfinance bank and you handle group loan. please I need your help. How can a marketer handle crazy customers, I mean very crazy group that refuse to pay and default is increasing weekly, and also how can I handle my portfolio effectively and reduce my default? Thanks |
Re: How Can I Handle Portfolio Default? (group Loan) by Nobody: 10:39pm On Mar 08, 2018 |
arrest them all and stop pumping funds into the groups.. Don't allow anyone that has completed his/her repayment withdraw savings until the whole group members complete their repayment. Fastest way; arrest the defaulters' guarantors, am quite sure your money will come out while you apply that. Besides, your default recovery officer with your BM should help you out with that. |
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