This is a Business Plan Model for Micro finance Loan. It’s a sample microfinance business plan. In fact, it’s a business plan template for money lending company. Therefore, when there is need for a strategic plan for microfinance business this model is the benchmark. As a matter of fact, this Business Plan Model for Micro finance Loan meets the industry standard. Please, get a Business Plan Model for Micro finance Loan

Therefore, are you in need of loan from any micro finance bank? And you desire a business plan that meets the industry standard? This Business Plan Model for Micro finance Loan is what you need. Our first attempt here is to define the industry you want to borrow from.

What is Microfinance Bank?

As a matter of fact, microfinance is a category of financial services targeting individuals and small businesses. One peculiar thing about these small businesses is that their mode of operation makes them lack access to conventional banking and related services. In fact, microfinance institutions include microcredit, the provision of small loans to poor clients; savings and checking accounts; micro insurance; and payment systems, among other branches. By its nature, microfinance services are designed to reach excluded customers by the regular financial institutions. These excluded group include the usually poorer population segments, possibly socially marginalized, or geographically more isolated. Microfinance cater for and help them become self-sufficient.

It’s advocated that microfinance should have better understanding of the microfinance ecosystem so that the microfinance institutions and other facilitators can formulate sustainable strategies that will help create social benefits through better service delivery to the low-income population.

Peculiar Content:

A Business Plan Model for Micro finance Loan must emphasis on these topic item of the business.

  • Introduction of your business
  • Executive Summary
  • Product and Services
  • Your competition,
  • The management Team
  • SWOTH Analysis
  • CAPEX and OPEX  assumptions
  • Working capital assumptions
  • Turnover and Cost of sales assumptions
  • The financial model
A Business Plan Model for Micro finance Loan

Peculiar Financial Model:

We would want you to go through this attached sample financial model and make comments. You can ask questions through the comment box. 

Projected Profit and Loss

  FY2021 FY2022 FY2023
Revenue N195,600,000 N195,600,000 N195,600,000
       
Direct Costs N28,368,000 N29,491,200 N30,756,960
       
Gross Margin N167,232,000 N166,108,800 N164,843,040
Gross Margin % 85% 85% 84%
Operating Expenses      
Salaries & Wages N1,920,000 N2,208,000 N2,539,200
Employee Related Expenses N384,000 N441,600 N507,840
Rent N120,000 N120,000 N120,000
Marketing N18,000 N18,000 N18,000
Others N96,000 N96,000 N96,000
Total Operating Expenses N2,538,000 N2,883,600 N3,281,040
       
Operating Income N164,694,000 N163,225,200 N161,562,000
       
Interest Incurred      
Depreciation and Amortization N1,575,000 N1,575,000 N1,575,000
Gain or Loss from Sale of Assets      
Income Taxes N57,091,650 N56,577,570 N55,995,450
Total Expenses N89,572,650 N90,527,370 N91,608,450
Net Profit N106,027,350 N105,072,630 N103,991,550
Net Profit / Sales 54% 54% 53%

What Next For A Business Plan Model for Micro finance Loan?

In conclusion, you have to make decision on the type of loan you desire. We provide Entrepreneurship Development guides. We also assist you in getting all necessary documents required to secure the loan.

In fact, other business support services are available. Therefore, we will assist you implement a bankable business plan and other business support services commercially. For example, we will register your business with CAC if you don’t have any now. Therefore, find out what we can do for you here. Our target i to make your business get to the next level.

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  6. Apply for AGSMEIS On-line training here
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  9. What You should do to get AGSMEIS Loan
  10. An Immediate Business Plan for AGSMEIS Loan application
  11. How fast to register your business for AGSMEIS loan

Our Service Offering For A Business Plan Model for Micro finance Loan

Therefore, to support you in this exercise, Complete Full Marks Consultants Limited offers;

  • Entrepreneurship training
  • CAC registration services
  • Business plan development
  • Profiling of applicants for loan.

Other business support services in accounting, auditing and taxation are also available.

Contact us on +234 8034347851 or email us via cfmclimited@gmail.com.

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