You are on page 1of 1

Osaka Regional Immigration Bureau

559-0034 Osaka-Fu, Osaka-shi, Suminoe-ka, Nankoukita 1-29-53


(+81) 06-4703-2100
August 8, 2019

Explanation of Funds Formation Process

School Name: Human Academy Japanese Language School


Sponsor Name: Gaviola, Lito Radam
Current Address: Topaz Street Buena Hills, Guadalupe, Cebu City Cebu

To whom it may concern,

I, Gaviola, Lito Radam, uncle of Te, Verrian Depio have prepared necessary expenses
for my niece’s study in Japan at Human Academy Japanese Language School for
January 2020 batch. I am happy to provide funding to my niece for the full tuition fees
and responsibly cover her expenses during the entire course of the study as well as
any other unforeseen expenses which may be incurred during her stay in Japan. I treat
her as my own daughter; I act as second father. Now that she would like to study
again, I am willing to financially provide for her education.

I have a savings account in Banco De Oro – Cebu Taboan Branch


Account number: 002940080719
Deposit amount: Php 819,944.79

Here attach the Bank Balance Certificate and Bank Statement of this Account. Please
refer to the attached documents of this bank account to show the exact figures of the
cash flow in my bank account.

I have a business named, CT Recyclables Merchandising it is a Materials Recovery


Facility (MRF) is where recyclable materials that are collected from households are
sorted into different types (e.g. plastics, cardboard, paper, metal) using a mixture of
manual and automated methods. When the materials have been sorted they are sent
to re-processors and manufacturers where they are used to create new products. With
my income from my business are enough to pay for all necessary expenses to her
studies.

Please refer on the table below for the Total Expense and Annual Income in the last 3
years:
2016 2017 2018
Living Cost Php. 219,500.00 Php. 241,450.00 Php. 265,595.00
Other Expense Php. 144,000.00 Php. 127,000.00 Php. 158,400.00
Total Cost Php. 363,500.00 Php. 368,450.00 Php 423,995.00
Annual Income Php. 1,114,324.00 Php. 925,586.00 Php. 821,552.00
Total Deposit Amount Php. 819,944.79

I hereby declare that the statement is true and correct.

_________________
Gaviola, Lito Radam

You might also like