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Effects of Wholesale Lending to SACCOs in Uganda - Rural Finance ...

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Income:<br />

Interest earned from loans<br />

Loan process<strong>in</strong>g fee<br />

Last F<strong>in</strong>ancial Year Before External Funds<br />

Period End<strong>in</strong>g:<br />

Entrance, ledger fee, other <strong>in</strong>come<br />

Interest earned on bank deposit<br />

Total Income<br />

Less Cost <strong>of</strong> Funds:<br />

Interest paid on sav<strong>in</strong>gs/deposits<br />

Total Cost <strong>of</strong> Funds<br />

Total Income Less Cost <strong>of</strong> Funds<br />

Expenses:<br />

Salaries<br />

All other operat<strong>in</strong>g expenses<br />

Total Expenses<br />

Income Over/Under Expenses<br />

Less provision for bad debt<br />

Operat<strong>in</strong>g Pr<strong>of</strong>it/Loss<br />

Less dividend paid <strong>to</strong> members<br />

Rema<strong>in</strong><strong>in</strong>g<br />

The <strong>Effects</strong> <strong>of</strong> <strong>Wholesale</strong> <strong>Lend<strong>in</strong>g</strong> <strong>to</strong> <strong>SACCOs</strong> <strong>in</strong> <strong>Uganda</strong><br />

4. Income Statement<br />

Income:<br />

Interest earned from loans<br />

Loan process<strong>in</strong>g fee<br />

Entrance, ledger fee, other <strong>in</strong>come<br />

Interest earned on bank deposit<br />

Total Income<br />

Less Cost <strong>of</strong> Funds:<br />

Interest paid on sav<strong>in</strong>gs/deposits<br />

Total Cost <strong>of</strong> Funds<br />

Total Income Less Cost <strong>of</strong> Funds<br />

Expenses:<br />

Salaries<br />

All other operat<strong>in</strong>g expenses<br />

Total Expenses<br />

Income Over/Under Expenses<br />

Less provision for bad debt<br />

Operat<strong>in</strong>g Pr<strong>of</strong>it/Loss<br />

Less dividend paid <strong>to</strong> members<br />

Rema<strong>in</strong><strong>in</strong>g<br />

Current<br />

Period End<strong>in</strong>g:<br />

57

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