Gilbert Matsiko has received a micro-loan to start a secretarial services bureau. The loan has been reviewed and guaranteed by his peers at the WE Center Kampala and fully funded through http://kiva.org!

Visit Kiva to read Gilbert's full loan description and an ongoing journal about the impact of this loan.

Gilbert has designated 25% of the interest he will pay on this loan to support the development of new member services. Learn more about Life in Africa's Community Guaranteed Lending program.

My Life in Africa Reports: Matsiko Gilbert

Matsiko Gilbert with some of his equipment



A small loan will help him start his secretarial bureau.

Life in Africa Member : Matsiko Gilbert

Matsiko Gilbert is a devoted Life in Africa member who believes in result oriented programs.
Life in Africa Member : Matsiko Gilbert

I Kiwanuka Mulindwa have carried out an income and expenditure assessment on my client , Matsiko Gilbert , and that it would be reasonably okay for him to service a loan of 800,000 in monthly premiums of 114,00 over 8 months. Here below is his income assessment structure :

Sources of income
Invisible children 350,000
Life in Africa 200,000
total income 550,000

Expenses
Rent 40,000
Feeding 40,000
Transport 10,000
Communication 10,000
Clothing 20,000
Entertainment 20,000
Tuition 200,000
Total expenditure 340,000

Disposable income = total income-total expenditure
550,000-340,000= 210,000