Esther's Budget

I Monica Nankoma conducted an income assessment with Esther Tumuheirwe and my report on her income and expenditure is as follows:

She works with the Invisible Children Bracelet Campaign Team as the person in charge of dying materials and earns Ushs. 200,000/=

She also makes bracelets and earns Ushs. 264,000/=

Esther was elected as a team leader for Craft product Development at the WE Center and she earns Ushs. 100.000/=

Her total income is Ushs. 564,000/= in a month.

Esther also has monthly expenditures as outlined below:

School Fees 200,000/=
Airtime 20,000/=
Rent 100,000/=
Food 60,000/=
Medical 20,000/=
Electricity 20,000/=
Transport 10,000/=
Total 430,000/=

Her surplus income is Ushs, 110,000/=

She wants a loan of Ushs. 800,000/= and after the assessment I found out with Esther that she is capable of repaying the loan in a period of one year in installments of 80,665/= leaving her with an extra Ushs, 29,335/= for other emergencies.

Compiled by Monica Nankoma.