Uganda, April 18 -- The revelation that seven out of every 10 Ugandans spend more than they earn should be an eye-opener for the government and development partners.

The survey, sponsored by the Bank of Uganda and partners, shows how the incomes of the people, despite the country moving to middle-income status, are still too low to sustain them.

This is a result of the rising cost of living, rising rates of inflation, and high rates of underemployment or unemployment.

The other questions would be what happens when there are no sources of that money needed to survive? What avenues of borrowing are available and how sustainable are they? What is the repayment process like?

Isn't the repayment schedule and interest involved responsible f...