Assume that the bank Shemma Global Limited gave out loans to 10 individuals with the account numbers 1-34-100-100-100 to 1-34-100-100-109.
The loan was to be paid after duration of 48 months and was taken on December 2010.
The first repayment period therefore was on 31st January 2011.
We will follow the payment for these individuals for duration of one year.