I Grace Ayaa, sat with my client Stephen Akena and conducted an income assessment and we came out with the following results:


A--- SOURCES OF INCOME:

1- Bracelets-------------- 280,000/=

2- Stone quarry ---------- 100,000/=

TOTAL ---------- 380,000/=



B--- EXPENDITURES:

1- Rent ---------------- 20,000/=

2- School fees ------------ 30,000/=

3- Food -------------- 60,000/=

4- Transport ------------- 10,000/=

5- Medical ------------- 10,000/=

6- Clothing ------------- 10,000/=

7- Water ------------- 5,000/=

8- Paraffin ------------- 5,000/=


TOTAL -------------150,000/=


A-B = 380,000/= - 150,000/= = 230,000/=


After this analysis, we have agreed that Stephen is capable of baying back his loan in 12 months at 50,415/= per month and still be left with some savings, as he plans to build a house in future, this will be very useful.