ATARO MARGRET's SALARY ASSESEMENT


I Ndelo Peter an agent of Ataro margret did the findings of her monthly income and expenditures and below is the structure of her earnings and spending.

Income per month

Bracelets production………………….360,000/=

Monthly expenditures:

- House rent…………………………..30,000/=
- Food………………………………….....80,000/=
- Medical care…………………………50,000/=
- Transport……………………………..30,000/=
- Clothing’s………………………………20,000/=
Total ………………………………………….210,000/=

Her surplus is 150,000/=

She is interested in applying for a loan amount of 800,000/= and repays back in 12 months that is to say 80,000/=