Record daily sales
Separate sales made from money received. Credit sales are not yet cash in hand.
YOUR BUSINESS · THE NEXT STEPA growing business.
A growing business.
Money with a plan.
Four practical habits for managing business money and discussing the support you need.
List payments before they fall due
Schedule stock purchases, rent, wages, transport and repayments. Keep enough cash for the business to continue operating.
Set a household draw
Choose an affordable amount to take home. Do not treat every cash receipt as profit.
Review the plan weekly
Compare the plan with what actually happened. Adjust early if a customer pays late.
A PLANNING EXERCISE
Look one week ahead.
Use your own records; this exercise does not assume any business figures.
- Cash at the startBusiness cash actually available today.
- Expected receiptsOnly money you expect to receive this week.
- Payments duePayments that must be made before the week ends.
- Closing cashStarting cash + receipts − payments. If funds are short, plan an adjustment early.
Prepare a business borrowing conversation.
These records help you prepare a conversation. The SACCO confirms the documents actually required for your application.
- Records of sales and expenses.
- A list of customer debts and supplier amounts due.
- Supplier quotations for planned stock or equipment.
- A normal-month and a lower-income-month forecast.
- Questions about total borrowing costs and repayment dates.
These original guides draw on financial-planning themes and how banks explain services. They are not confirmed ABAHIZI products or tariffs. Bank of Kigali ↗ · I&M Rwanda ↗
Planning toolsPractical tools.
Practical tools.
Your own choices.
Find the harvest planners, household budget, money glossary and digital-safety guides together.
BUILT AROUND LOCAL LIFELocal know-how.
Local know-how.
Your own numbers.
Three new tools to explore your choices and turn ideas into plans.
01 / BANANA FARMINGPer bunch.
Per bunch.
Or per kilogram?
Compare two offers for the same banana harvest.
Open the planner
02 / POST-HARVESTSell it now.
Sell it now.
Or store it?
See how price, losses and storage costs affect what remains.
Open the planner
03 / IRRIGATIONWater for the field.
Water for the field.
A plan for the cost.
Plan irrigation costs and your weekly saving amount.
Open the plannerMORE HELP FOR EVERYDAY LIFEBetter understanding.
Better understanding.
Clearer choices.
USEFUL EVERYDAY KNOWLEDGE
A plan for home
See where your monthly money goes and make room for a goal.
Start here
USEFUL EVERYDAY KNOWLEDGE
Understand before you decide
Search simple explanations of the words you hear about money.
Start here
USEFUL EVERYDAY KNOWLEDGE
Feel safer on your phone
Recognise suspicious requests and try three quick safety questions.
Start here
Household budgetYour home.
Your home.
Your money, with a plan.
Bring one month’s income and outgoings together to see what remains.
Use the income you expect to receive that month. Essentials might include food, rent, school and transport. If income varies, try a lower-income month too. Count each cost in only one category.
Enter your own figures
What the numbers show
Fill in your figures, then select Calculate.
This is a planning tool. Money remaining does not mean the SACCO will approve a loan. Reloading the page clears your figures.
Does your income vary?
Try a month with lower earnings. Check whether you can still cover essentials and repayments.
Is there a shortfall?
Review your entries. Consider what can wait and speak early with anyone you need to repay.
Banana offer comparisonOne harvest.
One harvest.
Two ways to price it.
Compare a price per bunch with a price per kilogram for the same harvest.
MINAGRI documents banana farming in Rukira, Ngoma. Use this tool to compare two offers. Average bunch weight is an estimate: weigh a representative sample of your harvest first.
Enter your own figures
What the numbers show
Fill in your figures, then select Calculate.
Both offers use the same transport cost. Growing costs are excluded. Weighing accuracy, quality, payment timing and agreed terms also matter when choosing an offer.
Sell now or storeWhat does
What does
waiting really cost?
Compare selling now with what could remain after storage.
Storing maize, soybeans or another crop has a cost. Enter an expected future price, potential quantity loss and storage charges. The future price is your scenario, not a prediction.
Enter your own figures
What the numbers show
Fill in your figures, then select Calculate.
The comparison treats growing costs as already incurred and common to both options. It excludes borrowing interest and the time value of money. Confirm storage safety, quality standards and the storage agreement.
Irrigation budgetPlan the cost.
Plan the cost.
Get water to the field.
Work out an irrigation activity budget and the amount still needed.
JICA documents the Ngoma 22 irrigation project. This tool helps you plan costs using your own quotations. It is not a Ngoma 22 tariff or a water-service application.
Enter your own figures
What the numbers show
Fill in your figures, then select Calculate.
Your hourly cost may include fuel, electricity or hire, depending on your quotation. Avoid counting the same charge twice. Confirm water availability and the operating schedule with the irrigation provider.
CLEARER COSTSSee the full cost.
See the full cost.
Decide with understanding.
Use written charges supplied by the provider. Compare the same period and transaction activity.
Rate and calculation method
Ask whether interest uses the outstanding balance or the original amount. The same stated rate can produce different costs under different methods.
Every fee and when it is due
Ask about application processing, account operation, transactions and any other contractual charges. Request a written schedule.
Late or early repayment
Understand what happens after a missed payment and the terms for paying early. Agreements can differ.
What if income falls?
Compare repayments against a lower-income month. Leave room for essential needs and continued business operations.
A COMPARISON TOOLTwo options.
Two options.
The cost of using them.
Compare account or service charges. Enter 0 only when you have confirmed there is no charge. Loan interest, taxes and any costs you have not entered are excluded.
Enter the charges you were quoted to see the comparison.
Total cost = one-off charges + months × (monthly charge + transaction count × charge per transaction).
These original guides draw on financial-planning themes and how banks explain services. They are not confirmed ABAHIZI products or tariffs. Bank of Kigali ↗ · I&M Rwanda ↗