A business plan acts as a blueprint of your company and covers all the important aspects of your business, thereby also hinting how your business can successfully grow. Not only internally, but business plan templates are also used externally. They are indispensable during fundraising. They help to jump-start your business and maximize your chances of raising capital. Just enter the basic details relating to the plan in the given spaces of the template using any available file formats.
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Microvision | ADA Microfinance
India is currently considered the largest emerging market for microfinance institutions MFIs. Commonly described as the bank for the poor, MFIs offer three basic services: savings, credit and insurance. Setting up an MFI is not a Herculean task — provided your priorities are clear. Before setting up a microfinance institution, it is imperative to come to a decision about one basic premise: do you want your MFI to be a non-profit or a for-profit institution?
Business Development Action Plan Template
June Introduction "Microfinance:Credit Lending Models" is an attempt to document the various models currently being used by microfinance institutions throughout the world. A total of 14 models are described below. They include, associations, bank guarantees, community banking, cooperatives, credit unions, grameen, group, individual, intermediaries, NGOs, peer pressure, ROSCAs, small business, and village banking models. In reality, the models are loosely related with each other, and most good and sustainable microfinance institutions have features of two or more models in their activities.
After almost a year of use by hundreds of MFIs around the world, Microfact has consolidated all suggestions for improvement and decided to release the new version Among the many new features of this version, the most important are the following:. The workshop is highly interactive and practical.