Description Year 1 Year 2 Total

Salary and benefit 17,000 19,000 36,000

Professional services 7,000 8,000 15,000
FINBIT technology 24,000 30,000 54,000
Data storage and data protection (cloud services based
6,000 12,000 18,000
in Ethiopia)
Travel 4,500 5,500 10,000
Equipment and supplies 35,000 10,000 45,000
Program cost 200,000 150,000 350,000
Smart phones (1 per 20 participants) 7,500 22,500 30,000
Communication cost 8,000 5,800 13,800
Other direct cost 17,000 19,200 36,200
Sub awards and contracts 10,000 10,000 20,000 6.3 %
Monitoring and Evaluation 21,000 21,000 42,000 89.0 %
Total Direct costs 357,000 313,000 670,000 11.0 %
Indirect costs 35,000 48,000 83,000
Total costs 392,000 361,000 753,000

Participants 4000
Cost/participant 188.25