Thursday, March 09, 2006

I Ndelo peter have contacted income assessment interview on my client's monthly income and expenditures and find that she has three sources of income and a number of expenses as below:

SOURCES OF INCOME:
_ Monthly salary 315000=
_ From house rent 200000=
_ From late husbands' family 100000=
Total monthly income 615000=

MOTHLY EXPENDITURES:

Food 170000=
Transport 70000=
Medical 40000=
Dependants 50000=
Total monthly exp 330000=

MONTHLY UPKEEP 50000=
MONTHLY SAVINGS 235000=

My client wishes to apply for a loan amount of 800000= and I and her agreed that she is capable of paying it in four months that is to say, 214000= per month.

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