Friday, March 31, 2006

I conducted an Income assessment with my client Mily and the results were as below:

Her incomes are as follows:

Bracelet project: Ushs. 300,000
From selling her craft Items : Ushs. 100,000
Her total income in a month is Ushs. 400,000

Her Expenses are:

Clothes for herself & Children Ushs. 40,000
Medical Ushs. 20,000
School fees for two of her children Ushs. 80,000

Total expenses in a month are Ushs. 140,000

After her monthly expenditures she has a surplus of Ushs. 260,000

She needs a loan of Ushs. 800,000 and after our assessment I found out that she is capable of repaying this loan in a period of 6 months at a rate of Ushs. 147,335.

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