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You have said that your sponsor will pay for you travel costs and as well as maintenance and accommodation. I'm satisfied that they're able to meet this.
However I still have to be satisfied of your own personal and financial circumstances and your intention to leave the UK. You have provided no evidence to demonstrate your personal and financial circumstances. You've stated that your visit will personally cost you £1500 and in support of your application you've submitted your bank statement. however there's not enough funds to support this claim. I'm not satisfied that you will adequately maintain yourself or can meet the cost of return or onward journey.