PROPOSAL FOR THE ESTABLISHMENT OF MUSCOVADO COMMON MILLING FACILITY AT POLANGUI, ALBAY

1) FINANCIAL CASH FLOW (W/ PROJECT SCENARIO)

Y0
A. Total Benefits 390,600.00
Membership Fees1
Income from Muscovado2 360,000.00
Income from Muscovado cubed3
Income from Sugarcane Bagasse)4 30,000.00
Income from Bulk Sourcing of Raw Materials, e.g. Plastic, sacks) 5 600.00
Income from Lakbay Aral Fees6
B. Total Costs 1,842,500.00
1. Investment Phase
a. Civil Works
Skilled Worker7
Unskilled Worker8
b. Equipment
Local9
Imported10
c. Materials
Local11
Imported12
d. Consulting Services
Local13

e. Land Cost14 1,500,000.00

f. Office Building15
g. Interest charges (Loans)16 262,500.00
Subtotal 1,762,500.00
2. Operational Phase
a. Personnel Cost
Skilled Worker17
Unskilled Worker18
b. Operations19 75,000.00
c. Maintenance
d. Others (Miscellaneous)20 5,000.00
Subtotal 80,000.00

C. Net Benefits (A-B) (1,451,900.00)

NPV at

2) FINANCIAL CASH FLOW (WITHOUT PROJECT SCENARIO)

Y0
A. Total Benefits 240,000.00
Benefit Source 1 (Cost of Goods Sold Sangkaka) 21 240,000.00

B. Total Costs 250,000.00

Investment Phase22 200,000.00
Operational Phase23 50,000.00
C. Net Benefits (A-B) (10,000.00)

NPV at

3) INCREMENTAL FINANCIAL NET BENEFIT

Y0
NBWP - NBWOP (1,441,900.00)
Cell Rows A10 - A26

NPV at

Assumptions
The crops are in good standing and no adverse wea
1 All members of the association will pay P100 membe
2 Existing production will be doubled and each CMF w
3 A new product will be produced with good quality and
4 Sugarcane bagasse will be bought by insti buyer and
5 All the production will be repacked (muscovado cube
6 Those that are visitng the operations of the CMF will

14 Agricultural land costs at around P1,000 per sq.m.

15 1 office building will be set up for the 9 CMF
16 Interests are on a declining balance
NG FACILITY AT POLANGUI, ALBAY

Y1 Y2 Y3 Y4
4,440,620.00 6,761,160.00 7,784,705.00 10,343,205.00
45,000.00 22,500.00
3,969,000.00 5,292,000.00 6,378,750.00 8,505,000.00
135,000.00 1,080,000.00 945,000.00 1,260,000.00
283,500.00 378,000.00 425,250.00 567,000.00
6,120.00 11,160.00 11,205.00 11,205.00
2,000.00 2,000.00
7,913,569.00 277,672.00 4,204,572.00 415,642.00

864,000.00 432,000.00
648,000.00 324,000.00

500,000.00 250,000.00
1,100,000.00 550,000.00

1,689,000.00 844,500.00
1,122,000.00 561,000.00

310,800.00 155,400.00

750,000.00
193,075.00
1,000,000.00 50,000.00 50,000.00 100,000.00
7,426,875.00 50,000.00 3,916,900.00 100,000.00

65,754.00 87,672.00 87,672.00 87,672.00

90,000.00 60,000.00 60,000.00 60,000.00
325,940.00 75,000.00 75,000.00 162,970.00
60,000.00
5,000.00 5,000.00 5,000.00 5,000.00
486,694.00 227,672.00 287,672.00 315,642.00

(3,472,949.00) 6,483,488.00 3,580,133.00 9,927,563.00

14.20% Php30,285,771.25
FIRR = 104%

Y1 Y2 Y3 Y4
240,000.00 240,000.00 240,000.00 240,000.00
240,000.00 240,000.00 240,000.00 240,000.00

250,000.00 250,000.00 250,000.00 250,000.00

200,000.00 200,000.00 200,000.00 200,000.00
50,000.00 50,000.00 50,000.00 50,000.00
 (10,000.00) (10,000.00) (10,000.00) (10,000.00)

14.20% (Php54,077.55)
FIRR = Err:523

Y1 Y2 Y3 Y4
(3,462,949.00) 6,493,488.00 3,590,133.00 9,937,563.00

14.20% Php30,339,848.80
FIRR = 104%

are in good standing and no adverse weather conditions. It will continue producing for 12 months using selected method
ers of the association will pay P100 membership fees for the maintenance of the Common Milling Facility
roduction will be doubled and each CMF will have minimum volume of production of 1,050kgs every month
duct will be produced with good quality and packaging
e bagasse will be bought by insti buyer and use as fuel
duction will be repacked (muscovado cubed and muscovado) with income of 0.1 each plastic
t are visitng the operations of the CMF will be required to pay P500 every organization

al land costs at around P1,000 per sq.m.

uilding will be set up for the 9 CMF
are on a declining balance
 Y5 Y6 Y7 Y8
11,090,205.00 11,092,205.00 11,839,205.00 11,837,205.00

9,072,000.00 9,072,000.00 9,639,000.00 9,639,000.00

1,440,000.00 1,440,000.00 1,620,000.00 1,620,000.00
567,000.00 567,000.00 567,000.00 567,000.00
11,205.00 11,205.00 11,205.00 11,205.00
2,000.00 2,000.00
277,672.00 367,672.00 277,672.00 277,672.00

50,000.00 50,000.00 50,000.00 50,000.00

50,000.00 50,000.00 50,000.00 50,000.00

87,672.00 87,672.00 87,672.00 87,672.00

60,000.00 60,000.00 60,000.00 60,000.00
75,000.00 75,000.00 75,000.00 75,000.00
90,000.00
5,000.00 5,000.00 5,000.00 5,000.00
227,672.00 317,672.00 227,672.00 227,672.00

10,812,533.00 10,724,533.00 11,561,533.00 11,559,533.00

Y5 Y6 Y7 Y8
240,000.00 240,000.00 240,000.00 240,000.00
240,000.00 240,000.00 240,000.00 240,000.00

250,000.00 250,000.00 250,000.00 250,000.00

200,000.00 200,000.00 200,000.00 200,000.00
50,000.00 50,000.00 50,000.00 50,000.00
 (10,000.00) (10,000.00) (10,000.00) (10,000.00)

Y5 Y6 Y7 Y8
10,822,533.00 10,734,533.00 11,571,533.00 11,569,533.00

Notes
nths using selected method
P100 Membership Fees will only be collected after a year of forming the asso
every month YO Started with 500 kgs of production at P60. After the establishment of CM
YO started with 500 kgs of production at P30 and after the purchase of the e
Bagasse costs P20 with 1:.25 ratio from sugarcane

7 Estimates for 24 x 9 m CMF = 216~250sqm. Skilled workers consists of 1 we

8 Unskilled workers - 12 helpers
9 Local equipments such asvat "kawa", ladle, etc
10 Imported equipments such as molder for muscovado cubed, machine
11 Local materials are steel framing, sand, gravel, paints, wooden framing, cem
12 Imported materials are wires, nails, lighting fixtures
13 Consulting services are structural engineer, sanitary engineer, electrical engi
Land costs P1,000 per sq m*250 sqm = 250000 per CMF
 Y9 Y10
12,404,205.00 12,586,205.00

10,206,000.00 10,206,000.00
1,620,000.00 1,800,000.00
567,000.00 567,000.00
11,205.00 11,205.00
2,000.00
367,672.00 277,672.00 16,499,987.00

50,000.00 50,000.00
50,000.00 50,000.00 13,556,275.00

87,672.00 87,672.00 854,802.00

60,000.00 60,000.00 630,000.00
75,000.00 75,000.00 1,163,910.00
90,000.00 240,000.00
5,000.00 5,000.00 55,000.00
317,672.00 227,672.00 2,943,712.00

12,036,533.00 12,308,533.00

Y9 Y10
240,000.00 240,000.00
240,000.00 240,000.00

250,000.00 250,000.00
200,000.00 200,000.00
50,000.00 50,000.00
 (10,000.00) (10,000.00)

Y9 Y10
12,046,533.00 12,318,533.00

e collected after a year of forming the association. Started with 75 members only, after a year 6 CMF will be set up with 450 members a
tion at P60. After the establishment of CMF1,050kgs per CMF with increase in price of 7% every 2 years
tion at P30 and after the purchase of the equipment, Y1 had 3000 kgs volume of production, with 7% increase in price every two years
o from sugarcane

~250sqm. Skilled workers consists of 1 welder, 1 carpenter, 2 mason, 2 steel man, 1 foreman, 2 plumber and 2 electrician

a", ladle, etc

der for muscovado cubed, machine
sand, gravel, paints, wooden framing, cement
, lighting fixtures
engineer, sanitary engineer, electrical engineer, architect
qm = 250000 per CMF
 t up with 450 members and additional 225 on year 3, total of 675

in price every two years

2 electrician
2) ECONOMIC CASH FLOW (W/ PROJECT SCENARIO)
Y0
A. Total Benefits -
1 Increased in income due to establishment of new enterprises such as sari sari stores,
2 Employment opportunities in the new enterprises established
3 Carbon dioxide sequestration
4 Empowerment (personality development) of community members
5 Avoidance to visit to doctors and medicines
B. Total Costs 1,842,500.00
1. Investment Phase
a. Civil Works
Skilled Worker
Unskilled Worker
b. Equipment
Local
Imported
c. Materials
Local
Imported
d. Consulting Services
Local

e. Land Cost 1,500,000.00

f. Office Building
g. Interest charges (Loans) 262,500.00
Subtotal 1,762,500.00
2. Operational Phase
a. Personnel Cost
Skilled Worker
Unskilled Worker
b. Operations 75,000.00
c. Maintenance
d. Others (Miscellaneous) 5,000.00
Subtotal 80,000.00

C. Net Benefits (A-B) (1,842,500.00)

NPV at

2) ECONOMIC CASH FLOW (WITHOUT PROJECT SCENARIO)

Y0
A. Total Benefits -
Time lost - market opportunity

B. Total Costs 250,000.00

Investment Phase 200,000.00
Operational Phase 50,000.00

C. Net Benefits (A-B) (250,000.00)

NPV at
3) INCREMENTAL ECONOMIC NET BENEFIT
Y0
NBWP - NBWOP (1,592,500.00)
Cell Rows A10 - A26

NPV at
 Y1 Y2 Y3 Y4
5,400,000.00 7,200,000.00 35,507,250.00 38,121,750.00
5,400,000.00 7,200,000.00 10,800,000.00 10,800,000.00
3,240,000.00
21,267,000.00 21,267,000.00
1,876,500.00 1,876,500.00
1,563,750.00 938,250.00
8,098,769.00 277,672.00 4,429,172.00 415,642.00

864,000.00 432,000.00
388,800.00 194,400.00

500,000.00 250,000.00
1,320,000.00 792,000.00

1,689,000.00 844,500.00
1,346,400.00 673,200.00

310,800.00 155,400.00

750,000.00
193,075.00
1,000,000.00 50,000.00 50,000.00 100,000.00
7,612,075.00 50,000.00 4,141,500.00 100,000.00

65,754.00 87,672.00 87,672.00 87,672.00

90,000.00 60,000.00 60,000.00 60,000.00
325,940.00 75,000.00 75,000.00 162,970.00
60,000.00
5,000.00 5,000.00 5,000.00 5,000.00
486,694.00 227,672.00 287,672.00 315,642.00

(2,698,769.00) 6,922,328.00 31,078,078.00 37,706,108.00

15.00% Php109,203,515.14
FIRR = 195%

Y1 Y2 Y3 Y4
- - 405,000.00 405,000.00
405,000.00 405,000.00

250,000.00 250,000.00 250,000.00 250,000.00

200,000.00 200,000.00 200,000.00 200,000.00
50,000.00 50,000.00 50,000.00 50,000.00

(250,000.00) (250,000.00) 155,000.00 155,000.00

15.00% (Php113,480.84)
FIRR = 10%
 Y1 Y2 Y3 Y4
(2,448,769.00) 7,172,328.00 30,923,078.00 37,551,108.00

15.00% Php109,316,995.98
FIRR = 210%
 Y5 Y6 Y7 Y8
38,747,250.00 38,121,750.00 38,747,250.00 38,121,750.00
10,800,000.00 10,800,000.00 10,800,000.00 10,800,000.00
3,240,000.00 3,240,000.00 3,240,000.00 3,240,000.00
21,267,000.00 21,267,000.00 21,267,000.00 21,267,000.00
1,876,500.00 1,876,500.00 1,876,500.00 1,876,500.00
1,563,750.00 938,250.00 1,563,750.00 938,250.00
277,672.00 367,672.00 277,672.00 277,672.00

50,000.00 50,000.00 50,000.00 50,000.00

50,000.00 50,000.00 50,000.00 50,000.00

87,672.00 87,672.00 87,672.00 87,672.00

60,000.00 60,000.00 60,000.00 60,000.00
75,000.00 75,000.00 75,000.00 75,000.00
90,000.00
5,000.00 5,000.00 5,000.00 5,000.00
227,672.00 317,672.00 227,672.00 227,672.00

38,469,578.00 37,754,078.00 38,469,578.00 37,844,078.00

Y5 Y6 Y7 Y8
405,000.00 405,000.00 405,000.00 405,000.00
405,000.00 405,000.00 405,000.00 405,000.00

250,000.00 250,000.00 250,000.00 250,000.00

200,000.00 200,000.00 200,000.00 200,000.00
50,000.00 50,000.00 50,000.00 50,000.00

155,000.00 155,000.00 155,000.00 155,000.00

 Y5 Y6 Y7 Y8
38,314,578.00 37,599,078.00 38,314,578.00 37,689,078.00
 Y9 Y10
38,747,250.00 38,121,750.00
10,800,000.00 10,800,000.00
3,240,000.00 3,240,000.00
21,267,000.00 21,267,000.00 fertilizer savings
1,876,500.00 1,876,500.00 savings on discount - purchasing power
1,563,750.00 938,250.00 savings on medicines and visit to doctor
367,672.00 277,672.00 16,909,787.00

50,000.00 50,000.00
50,000.00 50,000.00

87,672.00 87,672.00
60,000.00 60,000.00
75,000.00 75,000.00
90,000.00
5,000.00 5,000.00
317,672.00 227,672.00

38,379,578.00 37,844,078.00

Y9 Y10
405,000.00 405,000.00
405,000.00 405,000.00 possible savings

250,000.00 250,000.00
200,000.00 200,000.00
50,000.00 50,000.00

155,000.00 155,000.00
 Y9 Y10
38,224,578.00 37,689,078.00
SENSITIVITY OF PROJECT ECONOMIC ANALYSIS UNDER 3 SCENARIOS

Case 1
Base Case
(Benefits decrease;
YEAR (w/ project-economic scenario)
cost remains constant)

Benefits Costs NBWP 10% (-B) NBWP

0 - 1,842,500.00 (1,842,500) - (1,842,500)
1 5,400,000.00 8,098,769.00 (2,698,769) 4,860,000 (3,238,769)
2 7,200,000.00 277,672.00 6,922,328 6,480,000 6,202,328
3 35,507,250.00 4,429,172.00 31,078,078 31,956,525 27,527,353
4 38,121,750.00 415,642.00 37,706,108 34,309,575 33,893,933
5 38,747,250.00 277,672.00 38,469,578 34,872,525 34,594,853
6 38,121,750.00 367,672.00 37,754,078 34,309,575 33,941,903
7 38,747,250.00 277,672.00 38,469,578 34,872,525 34,594,853
8 38,121,750.00 277,672.00 37,844,078 34,309,575 34,031,903
9 38,747,250.00 367,672.00 38,379,578 34,872,525 34,504,853
10 38,121,750.00 277,672.00 37,844,078 34,309,575 34,031,903

TOTAL

NPV at 15% Php109,203,515.14 NPV at Php97,160,547.80

EIRR = 195% 177%
 Case 2 Case 3
Costs increase; (Combination; benefits decrease
benefits remain constant and costs increase simultaneously

10% (+C) NBWP 10% (-B) 10% (+C) NBWP

2,026,750 (2,026,750) - 2,026,750 (2,026,750)
8,908,646 (3,508,646) 4,860,000 8,908,646 (4,048,646)
305,439 6,894,561 6,480,000 305,439 6,174,561
4,872,089 30,635,161 31,956,525 4,872,089 27,084,436
457,206 37,664,544 34,309,575 457,206 33,852,369
305,439 38,441,811 34,872,525 305,439 34,567,086
404,439 37,717,311 34,309,575 404,439 33,905,136
305,439 38,441,811 34,872,525 305,439 34,567,086
305,439 37,816,311 34,309,575 305,439 34,004,136
404,439 38,342,811 34,872,525 404,439 34,468,086
305,439 37,816,311 34,309,575 305,439 34,004,136

NPV at Php108,080,899.32 NPV at 15% Php96,037,931.98

179% EIRR = 162%
(1) WACC Calculation (Opportunity Cost of Capital)
Fund Amount Share Rate Weighted
Source Rate
1 (Landbank) 10,000,000.00 0.6 0.15 9.00%
2 (DOST) 6,499,987.00 0.4 0.13 5.20%
3
…
N
Total 16,499,987.00
WACC = 14.20%

2) Summary Simulation Results Template: Financial Cash Flow (DETAILS IN WORKSHEET 1)

WITH WITHOUT INCREMENTAL

YEAR PROJECT PROJECT FINANCIAL BENEFIT
Benefits Costs Net Benefits Benefits Costs Net Benefits (D - G)
0 390,600.00 1,842,500.00 -1451900.00 240,000.00 250,000.00 -10000.00 -14419
1 4,440,620.00 7,913,569.00 -3472949.00 240,000.00 250,000.00 -10000.00 -34629
2 6,761,160.00 277,672.00 6483488.00 240,000.00 250,000.00 -10000.00 64934
3 7,784,705.00 4,204,572.00 3580133.00 240,000.00 250,000.00 -10000.00 35901
4 10,343,205.00 415,642.00 9927563.00 240,000.00 250,000.00 -10000.00 99375
5 11,090,205.00 277,672.00 10812533.00 240,000.00 250,000.00 -10000.00 108225
6 11,092,205.00 367,672.00 10724533.00 240,000.00 250,000.00 -10000.00 107345
7 11,839,205.00 277,672.00 11561533.00 240,000.00 250,000.00 -10000.00 115715
8 11,837,205.00 277,672.00 11559533.00 240,000.00 250,000.00 -10000.00 115695
9 12,404,205.00 367,672.00 12036533.00 240,000.00 250,000.00 -10000.00 120465
10 12,586,205.00 277,672.00 12308533.00 240,000.00 250,000.00 -10000.00 123185
Total 100569520 16499987 84069533 2640000 2750000 -110000

NPV at 14.20% Php30,285,771.25 NPV at 14.20% (Php54,077.55) NPV at 14.20%

FIRR = 104.00% FIRR = Err:523 FIRR =

3) Summary Simulation Results Template: Economic Cash Flow (DETAILS IN WORKSHEET 2)

 WITH WITHOUT INCREMENTAL
YEAR PROJECT PROJECT ECONOMIC BENEFIT
Benefits Costs Net Benefits Benefits Costs Net Benefits (D - G)
0 - 1,842,500.00 -1842500.00 - 250,000.00 -250000.00 -15925
1 5,400,000.00 8,098,769.00 -2698769.00 - 250,000.00 -250000.00 -24487
2 7,200,000.00 277,672.00 6922328.00 - 250,000.00 -250000.00 71723
3 35,507,250.00 4,429,172.00 31078078.00 405,000.00 250,000.00 155000.00 309230
4 38,121,750.00 415,642.00 37706108.00 405,000.00 250,000.00 155000.00 375511
5 38,747,250.00 277,672.00 38469578.00 405,000.00 250,000.00 155000.00 383145
6 38,121,750.00 367,672.00 37754078.00 405,000.00 250,000.00 155000.00 375990
7 38,747,250.00 277,672.00 38469578.00 405,000.00 250,000.00 155000.00 383145
8 38,121,750.00 277,672.00 37844078.00 405,000.00 250,000.00 155000.00 376890
9 38,747,250.00 367,672.00 38379578.00 405,000.00 250,000.00 155000.00 382245
10 38,121,750.00 277,672.00 37844078.00 405,000.00 250,000.00 155000.00 376890
Total 316836000 16909787 299926213 3240000 2750000 490000

NPV at 15.00% Php109,203,515.14 NPV at 15.00% (Php113,480.84) NPV at 15.00%

EIRR = 195.21% EIRR = 9.98% EIRR =

(4) Summary Table of Results with Sensitivity Analysis (DETAILS IN WORKSHEET 3)

SENSITIVITY ANALYSIS
Evaluation (WITH PROJECT/ECONOMIC SCENARIO ONLY)
With Project Without Project Incremental Benefit
Parameters Case 1 Case 2 Case 3
decrease increase (Case 1 + Case 2)
NPV benefit by 10% cost by 10%
FIRR Php109,203,515.14 (Php113,480.84) Php109,316,995.98 Php97,160,547.80 Php108,080,899.32 Php96,037,931.98
EIRR
EIRR 195% 10% 210.24% 177% 179% 162%

Remarks
REMENTAL
CIAL BENEFIT
(D - G)
-1441900.00
-3462949.00
6493488.00
3590133.00
9937563.00
10822533.00
10734533.00
11571533.00
11569533.00
12046533.00
12318533.00
0

Php30,339,848.80
104.47%
REMENTAL
MIC BENEFIT
(D - G)
-1592500.00
-2448769.00
7172328.00
30923078.00
37551108.00
38314578.00
37599078.00
38314578.00
37689078.00
38224578.00
37689078.00
0

Php109,316,995.98
210.24%
PROPOSAL FOR THE ESTABLISHMENT OF MUSCOVADO COMMON MILLING FACILITY AT POLANGUI, ALBAY
Implementation Schedule
Y
ACTIVITIES 0 1 2
Outputs 1. Common Milling Facilities (CMF) were constructed at Polangui Albay
1.1 Canvass, call for bidding and Acquisition of land Target
Actual
1.2 Canvass, call for bidding for contractor Target
Actual
1.3 Actual construction Target
Actual
2. New product were produced (from sangkaka to muscovado and muscovado cubes) from the Common Milling Facility
2.1 Training of processors and beneficiaries to come up Target
with new product
Actual

2.2 Lakbay Aral to successful muscovado processing Target

Actual
2.3 Actual Production of muscovado , muscovado cubes Target

Actual
3. An association that will manage the CMF was set up with comprehensive operational and marketing plan
3.1 Capacity Building of the organization in terms of Target
trainings, lakbay aral to successful coops
Actual

3.2 Set up organizational structure through voting Target

Actual
3.3 Strategic planning (operational and marketing plan) Target

Actual
AT POLANGUI, ALBAY

YEAR
3 4 5 6 7 8 9 10

m the Common Milling Facility that was established

and marketing plan

PROPOSAL FOR THE ESTABLISHMENT OF MUSCOVADO COMMON MILLING FACILITY AT POLANGUI, ALBAY
Indicative table on Project Financials
10 years project
Note: Assuming there is a counterpart from Local NGO (30%) aside from the budget that will be borrowed (see total cost)
SL Activity Approved budget

Activity Support (assuming loans)

(a) (b) (c)

General 1,484,802.00
Hiring of staf 1,484,802.00
Skilled Worker 854,802.00
Unskilled Worker 630,000.00
OUTPUT 1: Common Milling Facilities (CMF) were 13,556,275.00
constructed at Polangui Albay
A.1.O.1 Canvass, call for bidding and Acquisition of
land
A.2.O.1 Canvass, call for bidding for contractor
A.3.O.1 Actual construction 13,556,275.00
OUTPUT 2: New product were produced (from sangkaka 1,458,910.00
to muscovado and muscovado cubes) from the Common
Milling Facility that was established
A.1.O.2 Training of processors and beneficiaries to
come up with new product
A.2.O.2 Lakbay Aral to successful muscovado
processing
A.3.O.2 Actual Production of muscovado , muscovado 1,458,910.00
cubes
OUTPUT 3: An association that will manage the CMF was -
set up with comprehensive operational and marketing
plan
A.1.O.3 Capacity Building of the organization in terms
of trainings, lakbay aral to successful
associations

A.2.O.3 Set up organizational structure through voting

A.3.O.3 Strategic planning (operational and marketing

plan)
OVER ALL TOTAL 16,499,987.00
-

TOTAL PROJECT COST

LOCAL COUNTERPART
LING FACILITY AT POLANGUI, ALBAY

udget that will be borrowed (see total cost)

pproved budget Disbursement Expenses from Support

Own source of fund Fund received in Overall fund Actual expenses in

the last quarter received as of the last quarter
today

(d) (e) (f) (g)

445,440.60
445,440.60
256,440.60
189,000.00
4,086,882.50

10,000.00

10,000.00
4,066,882.50
457,673.00

10,000.00

10,000.00

437,673.00

30,000.00

10,000.00

10,000.00

10,000.00

5,019,996.10 -
30%
F24-H24
16,499,987.00 D24-J24
5,019,996.10 L24
Expenses from Support Expenses from own fund Total expenses

Overall expenses as of today Actual expenses in Overall expenses Total expenses

the last quarter as of today in the last
quarter

(h) (i) (j) (g+i)

- - - -

remaining funding as per disbursement

remaining CARD BDSFI (local NGO) counterpart
Remaining over all budget
Total expenses

Total expenses
as of today

(h+j)