Restructures

Restructures records the renegotiation of a loan's terms - rescheduling instalments, extending tenor, or refinancing - for borrowers in genuine difficulty. Restructured accounts are flagged for heightened monitoring and influence provisioning and IFRS 9 staging, since restructuring is an indicator of credit risk.

Workflow

Select the loan to be restructured and choose the restructure type.
Capture revised terms: new tenor, instalment, rate or capitalised arrears.
Route the restructure for approval per policy.
Generate the revised amortisation schedule on approval.
Flag the account as restructured for monitoring and staging.

Fields reference

Every field on this screen, drawn from the live data model.

Field	Type	Required	Description
Capitalised Arrears `capitalised_arrears`	Money	—	Outstanding balance carried over from original loan into the new principal
Original Loan `loan_id`	Link → mfi.loan	Yes	Original Loan
Date `restructure_date`	Date	Yes	Date
Type `restructure_type`	Choice: Reschedule, Refinance, Top-Up	Yes	Type
Reason `reason`	Long text	Yes	Reason
Status `state`	Choice: Draft, Approved, Processed, Rejected, Cancelled	Yes	Status
Has Message `has_message`	Yes/No	—	Has Message
Restructured Loan `new_loan_id`	Link → mfi.loan	—	Restructured Loan
Member `member_id`	Link → mfi.member	—	Member
Branch `branch_id`	Link → mfi.branch	—	Branch
Currency `currency_id`	Link → res.currency	—	Currency
Original Outstanding `original_outstanding`	Money	—	Original Outstanding
Original Arrears `original_arrears`	Money	—	Original Arrears
Original Remaining Term `original_term_remaining`	Number	—	Original Remaining Term
New Amount `new_amount`	Money	—	New Amount
New Rate (%) `new_interest_rate`	Decimal	—	New Rate (%)
New Term (Months) `new_term`	Number	—	New Term (Months)
New First Repayment `new_first_repayment_date`	Date	—	New First Repayment
Additional (Top-Up) `additional_amount`	Money	—	Additional (Top-Up)
Notes `notes`	Rich text	—	Notes
Approved By `approved_by`	Link → res.users	—	Approved By
Approval Date `approval_date`	Date	—	Approval Date
Company `company_id`	Link → res.company	—	Company

Actions & buttons

Buttons available on this screen and what they do:

Approve
Process
Reject
Cancel

Status lifecycle

Records on this screen move through these statuses:

Draft → Approved → Processed → Rejected → Cancelled

Notes & rules

Model: mfi.loan.restructure.
Types: reschedule, extend, refinance, capitalise arrears.
Restructured status feeds ECL staging (often Stage 2/3).
Regenerates mfi.loan.schedule rows.

Technical model: mfi.loan.restructure · Record: Loan Restructure