I Ndelo peter the agent of Kenneth Niwomujuni carried out income assessment and expenditures and below is the structure of his monthly income and expenditures:
INCOME/INVESTMENTS
Unisex saloon.170, 000/=
Bracelets…………………………………150,000/=
Motorcycle……………………………….120,000/=
Total ………………………………………440,000/=
Expenditures
House rent …………………………………………50,000/=
Rent for the saloon…………………………………35,000/=
Food. ........................60, 000/=
Clothing’s……………………………………………30,000/=
Transport……………………………………………..40.000/=
Others…………………………………………………30, 000/=
Total……………………………………………………245, 000/=
Kenneth wishes to apply for a loan amount of 800,000/= which once given he says, he is capable of repaying in 12 months at a rate of 80,000/= per month and the difference between his income and expenditures is 195000/=