A sample microfinance bank business plan template

Microfinance banks are small banks that offer loans, savings and insurance to entrepreneurs and small business owners who can’t access traditional sources of capital, like banks or investors. The main objective of microfinance banks is to provide people with money to invest in themselves or their business.

One of the ways to get really conversant with the micro lending business is to carry out your own feasibility research. Also you may want to use a business plan template to learn all that the business involves. The cost of starting, how many employees you will need amongst many others. Here is a sample micro lending business plan;

Service Plan f Our service is a direct micro-loaning initiative to entrepreneurial individual entities. We are basically providing initial capital/funds/cash in the form of a loan to those seeking to use the obtained money and invest it in a self made business. Of course, these businesses are small scale, as are the loans that plan on being given.

The Consultative Group to Assist the Poorest (CGAP) commissioned this handbook to help microfinance institutions perform their own business plan- ning, including preparing strategic and operational plans and, especially]