Loan & Credit Tracker

Track What You Owe and What Others Owe You — Stay in Control of Every Credit Relationship

The Loan & Credit Tracker is one of the most critical sections of the Prepared Finance Book. It helps you manage two types of credit: money you lend to others (debtors) and money you borrow from others (loans). Both are tracked in clear, easy-to-fill tables so nothing slips through the cracks.

Credit is a reality of business in Uganda. Customers ask for goods on credit. Friends and family borrow money. You take small loans from SACCOs or savings groups. Without written records, these relationships turn into disputes, confusion, and lost money. This section prevents that.

Part 1: Debtors — Money Others Owe You

Date — When you gave the credit
Name — Who owes you the money
Amount Given — How much you lent or the value of goods given on credit
Amount Paid Back — Payments received so far
Balance — What's still owed
Due Date — When the debt should be fully repaid

Part 2: Loans — Money You Owe Others

Date — When you borrowed
Lender Name — Who lent you the money (SACCO, friend, supplier)
Amount Borrowed — How much you received
Amount Repaid — How much you've paid back so far
Balance — What you still owe
Due Date — When you need to pay back fully

Why This Matters

You stop losing money to people who deny they owe you — you have a written record
You know exactly how much credit is out at any time — debtors and loans in one place
You avoid over-borrowing by seeing your total loan balance clearly
You can follow up with debtors confidently — with dates and amounts
Your Monthly Summary includes a credit summary that feeds from this section