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Smart Strategies for Loan Repayment: Brenda’s Egg-cellent Approach

Graphic of a lady seated infront of a desktop.

MESHERs different wako na tactics different amabazo zinawork za kumake sure loan imelipwa on time.

Wacha tushare tips and tricks za kusaidiana. Ebu cheki kile Brenda anafanya.

Brenda's Strategy for Loan Repayment

Saa zile Brenda anaset prices za mayai zake, yeye humake sure ameinclude cost ya loan hapo ndani.

Kila tray anauza anajua lazima 90 bob iende kwa kulipa loan. Akiuza 10 trays per week, anaweza weka upto 900 bob iende kwa loan repayment.

Since analipa loan on a monthly basis, anaweza kulipa 3,600 bob every month towards the loan.

Brenda alichukua loan ya kununua chicken feed from Jiinue ya 10k alipe in 3 months.

Akona a small kuku business ya kuuza mayai. Hizi ndio njaro anatumia kurepay loan yake on time.

Brenda's Loan Details:

• Loan Amount: 10,000 bob

• Interest: 0.83%

• Loan Period: 3 months

• Loan Start Date: Thursday, May 16, 2024

Brenda's loan repayment strategy:

• First Payment Due Date: Saturday, June 15, 2024

∙ Amount: 3,416 bob

• Second Payment Due Date: Monday, July 15, 2024

∙ Amount: 3,389 bob

• Third Payment Due Date: Wednesday, August 14, 2024

∙ Amount: 3,361 bob

• Total Payments: 10,166 bob

• Total Interest: 166 bob

Hii idea ya kuweka the cost of the loan kwa pricing inasaidia Brenda kuweka pesa aside virahisi.

Hii inamaanisha, Brenda hata wahi kosa doh ya kulipa loan. Brenda amejipanga na amekeep focused. Ebu we try na utushow vile itakuwa for you.

Uko na strategies zozote za kulipa loan? Share ideas zako na tips zako with other MESHERS na tusaidiane.

Taking a loan is one thing and making sure you can repay it is equally as important.

After taking a loan to invest in a business, how does one make sure that the loan repayments are done on time as agreed with the loan provider?