Sunday, November 26, 2006

Income Assessment for Aromo Alice

I Grace Ayaa have sat down with my client Aromo Alice and came out with the following income assessment :


Monthly income:

Paper beads sales --------- 150.000/=

Stone quarry ------------- 120.000/

Total ---------------------- 270.000/=

Monthly expenses are:

House rent ----------------- 25.000/=

Food ----------------------- 35.000/=

School fees ------------------ 30.000/=

medical care, --------------- 20,000/=

water ----------------------- 20,000/=

others --------------------- 30.000/=

TOTAL --------------------- 160,000/=

She has a balance of 270,000 /= - 160,000/= = 110,000/=

We therefore agreed that she is able to pay back her loan of 500,000/= in 9 months at the rate of 50,000/= a month without any problem.

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