diff --git a/fineract-provider/src/main/resources/sql/migrations/core_db/V347__correcting_report_category.sql b/fineract-provider/src/main/resources/sql/migrations/core_db/V347__correcting_report_category.sql
new file mode 100644
index 00000000000..028b6728441
--- /dev/null
+++ b/fineract-provider/src/main/resources/sql/migrations/core_db/V347__correcting_report_category.sql
@@ -0,0 +1,31 @@
+--
+-- Licensed to the Apache Software Foundation (ASF) under one
+-- or more contributor license agreements. See the NOTICE file
+-- distributed with this work for additional information
+-- regarding copyright ownership. The ASF licenses this file
+-- to you under the Apache License, Version 2.0 (the
+-- "License"); you may not use this file except in compliance
+-- with the License. You may obtain a copy of the License at
+--
+-- http://www.apache.org/licenses/LICENSE-2.0
+--
+-- Unless required by applicable law or agreed to in writing,
+-- software distributed under the License is distributed on an
+-- "AS IS" BASIS, WITHOUT WARRANTIES OR CONDITIONS OF ANY
+-- KIND, either express or implied. See the License for the
+-- specific language governing permissions and limitations
+-- under the License.
+--
+
+UPDATE IGNORE stretchy_report s1
+JOIN stretchy_report s2 ON s2.id = s1.id AND s2.report_category='Clients' SET s1.report_category = 'Client';
+
+
+UPDATE IGNORE stretchy_report s1
+JOIN stretchy_report s2 ON s2.id = s1.id AND s2.report_category='Loans' SET s1.report_category = 'Loan';
+
+UPDATE IGNORE stretchy_report s1
+JOIN stretchy_report s2 ON s2.id = s1.id AND s2.report_category='Saving' SET s1.report_category = 'Savings';
+
+UPDATE IGNORE stretchy_report s1
+JOIN stretchy_report s2 ON s2.id = s1.id AND s2.report_category='Funds' SET s1.report_category = 'Fund';