The income assessment of Kyomukama Molly.
I Ndelo peter an Internet 4 change agent of Kyomukama Molly had conversation assessment on her income and expenditures and with reference to her loan request of 500,000/= and repayment in 12 months, The out come is as stated below:
MONTHLY INCOME:
From bracelets…………………………………………….................... 100,000/=
Profits from boiled and roasted maize selling …………….30,000/=
Total………………………………………………………...........................130,000/=
EXPENDITURES:
Food 40,000/=
House rent 15,000/=
Clothing’s 5000/=
Medical 10,000/=
Water 5000/=
Total 75,000/=
The difference between her income and expenditures is 60,000/= and with the charcoal business she wishes to start, there is hope for high profit that may double her surplus so according to her, the 50,000/= monthly repayment of the loan if given may not be a big problem for her.
MONTHLY INCOME:
From bracelets…………………………………………….................... 100,000/=
Profits from boiled and roasted maize selling …………….30,000/=
Total………………………………………………………...........................130,000/=
EXPENDITURES:
Food 40,000/=
House rent 15,000/=
Clothing’s 5000/=
Medical 10,000/=
Water 5000/=
Total 75,000/=
The difference between her income and expenditures is 60,000/= and with the charcoal business she wishes to start, there is hope for high profit that may double her surplus so according to her, the 50,000/= monthly repayment of the loan if given may not be a big problem for her.
posted by peter at 12:42 PM
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