Simple loan repayment plan using AI to help break it down into manageable parts depending on your preferred frequency and possible income level 🔹 Step1 Decide the Repayment Period Let’s assume three common durations
- 3 months (12 weeks)
- 6 months (24 weeks)
- 1 year (12 months or 52 weeks) 🔹 Step2 Estimate Repayment Amounts | Repayment Duration | Weekly Repayment | Monthly Repayment| |------------------------|----------------------|------------------------| | 3 months | KSh 2,085 | KSh 8,333 | | 6 months | KSh 1,045 | KSh 4,167 | | 1 year | KSh 480 | KSh 2,083 | (This assumes no interest) 🔹 Step3 Match With Your Income Let’s say you earn
- KSh 10,000 per month, Safe repayment KSh 2,000/month
- KSh 500 per day (about 15,000/month), Safe repayment KSh 3,000/month
- KSh 1,000 per week (side hustle), Safe repayment KSh 500/week ➡ Recommendation: Choose a repayment plan that lets you repay 20–30% of your monthly income comfortably to avoid strain
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