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B5. Opening the financing case

When an application is approved, a financing case is opened. This is the live record for the loan. Opening it reserves the money from the facility's allocation.

Task B5.1: Open the financing case​

Who can do this: Finance Approver or Platform Super Administrator, with two-step verification.

Before you start

  • The application shows Approved.
  • You know the beneficiary's legal name, category, and the external reference (for example the cooperative's registration number).

Steps

  1. On the approved application, select Open approved financing case.
  2. Fill in the fields:
    • Beneficiary legal/display name: Zaria Grain Growers Cooperative.
    • Beneficiary category: Cluster or cooperative.
    • Approved external reference: the cooperative's reference number.
    • Owner or lead gender: the gender of the owner or lead. This sets the women-led flag.
    • Youth (18–35): tick this if the owner or lead is aged 18 to 35. This sets the youth-led flag.
  3. Submit the form, and confirm with your two-step verification code when asked.

What happens next

  • The financing case appears in Financing cases, at the first stage, Conditions precedent.
  • The instrument allocation in the facility is reserved for this case. The facility's Available balance goes down.
  • The case team (Programme Administrator, Institution Administrator, Finance Entry Officer and Finance Approver) is notified.

Common problems

  • The allocation is not enough: the facility's Available balance is lower than the approved amount. Ask the facility manager to check the pipeline.
  • The button is missing: the application is not yet approved, or you are not a Finance Approver or Platform Super Administrator.