If my business is facing cash flow problems and financial distress and I am having trouble repaying my loan, what can I do?
There is a process called “loan restructuring” or “debt restructuring,” which is designed to help a business in distress to reduce and renegotiate delinquent loan debt and to restore liquidity so that the business can continue its operations.
With your Loan Officer, you may agree to different kinds of solutions to alleviate or easy your credit repayment burden and stabilize the financial situation by:
- Changing the amount you repay each month. By changing the method of loan repayment involves a reduction of your current monthly loan installment so that it matches your current cash flow. This may include reduction of current debt, or may include the below.
- Extending the term of your loan agreement. You can also extend your loan agreement so that your monthly payments are redistributed in proportion to a new and longer term of lending. This means that you will repay your loan over a longer period of time, but your payments will be smaller to help you deal with lower revenues. It should be noted some banks may charge a small fee for this facility.
How can I restructure my loan? To restructure your loan debt, first, you should speak with your loan officer to clarify your situation and create a plan. You will then need to write to your Bank, MFI or SACCO and submit an application for the restructuring together with the documents that prove your identity and available documents representing your financial situation.
Through loan restructuring you will be able to maintain a positive credit history and stay in good standing with your financial service provider.
Niba ubucuruzi nkora bubangamiwe n’ibibazo bigaragarira mu gipimo cy’amafaranga yinjira n’asohoka no kuba imari ihagaze nabi bikabije nkaba ntabasha kwishyura inguzanyo, nakora iki?
Hari uburyo bukoreshwa twita “kuvugurura inguzanyo” cyangwa “kuvugurura umwenda,” bugamije gufasha ikigo kiri mu kaga kugabanya inguzanyo itishyurwa no kongera kumvikana ku buryo bwo kwishyura umwenda ukomoka ku nguzanyo imaze igihe itishyurwa no kubasha kongera amafaranga abitse ku buryo ikigo cy’ibucuruzi gishobora gukomeza ibikorwa byacyo.
Ubifashijwemo n’Umukozi ushinzwe Inguzanyo, mushobora kumvikana ku bwoko butandukanye bw’ibisubizo bifasha koroshya cyangwa kugabanyirizwa umuzigo wo kwishyura inguzanyo wahawe ku buryo ikigo cyawe gikomeza kugira imari ihagaze beza nticyongere guhungabana. Dore uburyo bukurikira bwo kubonera ikibazo umuti:
- Guhindura umubare w’amafaranga wishyura buri kwezi. Guhindura uburyo bwo kwishyura inguzanyo bituma haba igabanuka ry’umubare w’inguzanyo usanzwe wishyura buri kwezi ku buryo uhwana n’amafaranga winjiza n’ayo usohora muri iki gihe. Ubu buryo bushobora kubamo igabanuka ry’umwenda ufite muri iki gihe, cyangwa hagatoranywa uburyo bukurikira.
- Kongera igihe amasezerano y’inguzanyo amara. Ushobora kandi kongera amasezerano y’inguzanyo watse ku buryo umubare wishyura buri wezi usaranganywa mu gihe cyumvikanyweho hakurikijwe igihe gishya cyangwa kirekire uzishyuramo inguzanyo wahawe. Bisobanuye ko uzishyura inguzanyo yawe mu gihe kirekire, ariko ukazashya wishyura make kugira ngo bigufashe kwimenyereza kubaho mu buzima kandi amafaranga winjizaga yagabanutse. Bigomba kumvikana ko amwe mu mabanki ashobora kugira amafaranga make akwishyuza kubera iyi serivisi uhawe yo kukorohereza.
Navugurura nte inguzanyo yanjye? Kugira ngo ubashe kuvugurura umwenda ukomoka ku nguzanyo watse, mbere na mbere ugomba kubiganiraho n’umukozi ushinzwe inguzanyo kugira ngo umusobanurire neza uko ikibazo cyawe giteye maze mushyireho gahunda y’uburyo uzishyura. Bizagusaba kwandikira Banki yawe, Ikigo cy’Imari Iciriritse (MFI) cyangwa SACCO ubishyikiriza ibaruwa usaba kuvugurura inguzanyo, iherekejwe n’inyandiko zigaragaza umwirondoro wawe n’inyandiko ufite zerekana uko ishusho y’imari yawe ihagaze.
