Guarantors

Guarantors records the individuals or entities who co-guarantee a loan and the amount each underwrites, a cornerstone of group and solidarity lending. The register documents guarantor consent and exposure so they can be pursued for recovery if the borrower defaults.

Workflow

Open the loan and add each guarantor with their guaranteed amount.
Capture guarantor identity, contact and relationship to the borrower.
Record guarantor consent and any signed undertaking.
Verify the total guarantee covers the required portion of the loan.
Reference the guarantor when escalating recovery on default.

Fields reference

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

Field	Type	Required	Description
Loan `loan_id`	Link → mfi.loan	Yes	Loan
Guarantor (Member) `guarantor_member_id`	Link → mfi.member	Yes	Guarantor (Member)
Guarantee Amount `guarantee_amount`	Money	Yes	Guarantee Amount
Currency `currency_id`	Link → res.currency	—	Currency
Relationship `relationship`	Choice: Group Member, Family, Friend, Business Associate, Other	—	Relationship
Guarantor Savings `guarantor_savings`	Money	—	Guarantor Savings
Existing Exposure `guarantor_exposure`	Money	—	Existing Exposure
Coverage % `coverage_ratio`	Decimal	—	Coverage %
Status `state`	Choice: Pending, Accepted, Declined, Released	—	Status
Consent Date `consent_date`	Date	—	Consent Date
Notes `notes`	Long text	—	Notes
Company `company_id`	Link → res.company	—	Company

Actions & buttons

Buttons available on this screen and what they do:

Accept
Decline
Release

Status lifecycle

Records on this screen move through these statuses:

Pending → Accepted → Declined → Released

Notes & rules

Model: mfi.loan.guarantor.
Fields: guarantor, guaranteed amount, relationship, consent.
Central to group/solidarity lending security.
Pursued during collections and legal recovery.

Technical model: mfi.loan.guarantor · Record: Loan Guarantor