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?
Table of Contents
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
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.
Related Topics for A Business Plan Model for Micro finance Loan:
- NIRSAL AGSMEIS Financial Model for Rice Mill
- Business plan template for Agrobusiness NIRSAL bank loan
- Get more here
- Skill Acquisition BPlan Template
- NIRSAL BANK FINANCIAL MODEL FOR RICE MILL BPLAN
- Apply for AGSMEIS On-line training here
- Sample Business Consultants BPlan
- How to download the NIRSAL Model template
- What You should do to get AGSMEIS Loan
- An Immediate Business Plan for AGSMEIS Loan application
- 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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Founder/Managing Partner of Complete Full Marks Consultants Ltd. An Economist turned Chattered Accountant and Tax Practitioner with over 37 years of industrial experience.
