1 / 27

About us

About us. A group of Social Entreprises. micro Start SCRL-FS Cooperative company Social Purpose Capital: 3,2 M EUR 12 employees. micro Start support asbl Non For Profit Subsidized Budget: 250 K EUR 5 employees & 80 volunteers. Network of 6 branches. Products & Services.

vielka-diaz
Télécharger la présentation

About us

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. About us

  2. A group of Social Entreprises • microStart SCRL-FS • Cooperative company • Social Purpose • Capital: 3,2 M EUR • 12 employees • microStart support asbl • Non For Profit • Subsidized • Budget: 250 K EUR • 5 employees & 80 volunteers

  3. Network of 6 branches

  4. Products & Services • Business Loans • 100-10.000 EUR • 36 Installments max. • Fees: 5% flat • Interest Rate: 8,25%-9,75% • Individual-Group Lending • Investment-Treasury • Business Development Services • Idea  Development • Expert Meetings • Group Trainings • Individual Coaching • Free of Charge • Provided by Volunteers

  5. Our clients

  6. Below Poverty Line 80%

  7. Factsheet • Outstandingamount: 2 Million EUR • Averageloan: 4,800 EUR • PAR 90: 10% • Transformation Rate: 25% • BDS: 35% of the portfolio

  8. Disbursments(Since March 2011)

  9. New Jobs(since March 2011) 400

  10. Regulatory Framework • Immediate loss of Social Income • High Amount of Social Contributions • University Degree to get your VAT Number • If not, exam organized by the Fed. Min.

  11. Business Model

  12. Cooperative - % Revenues

  13. NGO - % Revenues

  14. Loans/year 2500

  15. Break-Even in 2015 20%

  16. 3.000.000€ Equity needed until 2018

  17. 650.000 € Subsidies needed until 2018

  18. How Much ? State/regions 33,000 € Annual Direct & Indirect Costs of a unemployedperson Source: Study 2012 of the EuropeanFederation of Services microStart 3,000 € AnnualCostsof BDS Services and Extra Costs to access Financial Services (per Client)

  19. Main Issues

  20. Stay focused on the poorest • Innovate in new services that fit the needs (microinsurance…) • Keep a reasonable amount of loan • Word of Mouth

  21. Improve our performances • Processes • Management & Information System • New Technologies • Improve our Portfolio at Risk

  22. Provide nice services at a fair price • Adapt the European Code of Good Conduct • Keep a reasonable amount of fees/interest • Let our clients be commited in the designing of our products

  23. Spend less time in Fundraising • More accessible funds • Procedures fit the size ! • Start-Up Grants, loans & equity for FS • No more than 3 or 4 donors for BDS

  24. The right question is not whether the Interest Rate is high or not, but probably who will pay the difference between a fair price and a break-even price

  25. Thank you for your attention vis www.microStart.be

More Related