In Ndelo Peter an Internet 4 change of Balex has carried out income assessment on his earnings and expenditures and below is monthly findings:
-From his garden work and administration assistance…………200,000/=
-From bracelets.100, 000/=
-From paper beads………………………………………………80,000/=
Total income …………………………………………………… 380,000/=
Monthly expenditures
-House rent………………………………………………………25,000/=
-Food……………………………………………………………80,000/=
-Transport……………………………………………………….40,000/=
-Clothing’s………………………………………………………30,000/=
-Medical care…………………………………………………….40,000/=
-Water……………………………………………………………15,000/=
Total expenditures……………………………………………….230,000/=
His surplus is 150,000. And he wishes to repay his loan in 12 months at a rate of 80,000/=
