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Duration

March 18 to 22, 2019 (5 days)

Geographical area(s)

Leuven (Belgium) or Luxembourg

Languages en

Contact

Marina Abboud - ADA Project Manager and Microfact Coordinator -

Partners

ENG Microfact
Contact us Add the event to your calendar

18 Mar
2019
Training in business plans and financial projections (Microvision, new Microfact tool)


Microfact is a joint initiative of ADA and BRS to strengthen the financial and social performance capacities of microfinance and microinsurance institutions. To do this, Microfact offers a set of tools and will soon launch its new Microvision tool, which will allow MFIs to develop five-year financial projections.


SAVE THE DATE

Participate in the first edition of our Microvision training!
Date: March 18-22, 2019
Trainers: Chuck Waterfield and Bart De Bruyne
Language: English
Location: Belgium (Leuven) or Luxembourg
Price: 2,000 euros (transport and accommodation not included)
Seats: 20
Contact: Marina Abboud, ADA Project Manager and Microfact Coordinator:

Application  


Microfact is a joint initiative of ADA and BRS, aimed at strengthening the financial and social performance capacities of microfinance and microinsurance institutions. To do this, Microfact offers a set of tools in the form of Excel files, which can be downloaded free of charge from the Microfact website and are accompanied by a user manual, which generate key financial and social performance indicators.

The construction of a business plan is fundamental for an MFI to ensure its profitability and sustainability. Today, every organization wants a solid business plan that highlights strategic choices, values, objectives, customer segmentation and resource planning. A business plan is accompanied by financial projections that take into account various components such as, among others, the expected growth in service delivery (credit portfolio), the introduction of new financial products (loans, savings, etc.), the financial resources to be mobilized or the planning of staff expansion and necessary investments.

However, preparing financial projections is not a simple exercise because many aspects must be taken into account in order to predict how the financial statements will evolve over time.

Microfact is proud to soon launch its new Microvision tool, allowing MFIs to develop five-year financial projections. Microvision was designed as a logical follow-up to the flagship Microfact tool, the MFI Factsheet (more than 800 users), which makes it possible to analyse the main trends in an MFI's financial and social performance ratios over the past five years. Microvision will be available on the Microfact website, from November 2018, in three languages: English, French and Spanish.

Microvision is a simple tool for making financial and social projections over a 5-year period. By importing data from the MFI Factsheet or by manually completing them and adding simple assumptions, MFIs can obtain projections of their financial statements and financial and social indicators. The tool provides a general framework for strategic and operational planning, but it also models the impact of different parameters on the MFI's overall activity. The projections made through Microvision are therefore an essential and valuable contribution to the MFI's business plan.

in order to optimize the use of Microvision, Microfact offers dedicated training to consultants to train them on how to support MFIs in building their business plans through the use of Microvision.

CONTACT US!

To receive additional information, to register or to receive a customized training, contact-us!

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