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Upon opening this file, fill in cells with the information gathered from the clients as to its respective income and expenses.
Choose in the drop down list as to the Frequency of Collection (i.e Daily, Weekly, Semi - monthly, Monthly).
Input the term of loan that the client wishes to apply for based on No. of Months.
Maximum Loan Entitlement = Estimated Amount for Debt Services x No. of Installment
Total Interest Rate x Term of the Loan
The Net Business and Household Income balance shall be carried over to the Equivalent Daily Net
Income and so as the balances under columns Weekly, Semi – Monthly and Monthly to their respective
equivalents. Note that any positive results on the right portion based on the client’s preferable timing of
amortization shall not be included in the computation for the Estimated Amount for Debt Services. But if
the result is negative, then it shall be included in the computation.
In computing the Maximum Loan Entitlement, add the equivalent net income of all columns and then
follow the formula in computing the Maximum Loan Entitlement.
set by the MFU for each type of enterprise