Tuesday, March 14, 2006

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

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