What to look for when drafting a business plan to provide loans to the population to 15 000 rubles?

Question: What to consider when drafting a business plan to provide loans to the population to 15 000 rubles? Answer: In the Russian Federation for microcredit institutions have not yet sufficiently elaborated regulatory legislation, not to mention the business plans and mechanisms of interaction between stakeholders. The business plan is to attract potential partners and investors, and those in turn, need to be sure, if not in the financial success of the company, so at least a guaranteed return on investment. It is on these aspects should be emphasized in the business plan for the micro population. It would be nice to get pre-advice of competent professionals: economists and lawyers who have at least a theoretical knowledge in this area, and ideally - practical skills. Their expertise may be needed in the preparation of a template contract: it must conform to the standards of civil law, for example, all loans must be called loans, not loans. Attention is drawn to the following aspects: 1. Business entities engaged in issuing loans should set interest rates higher than the rates the CBR, and their lending activities should not be a basis. Do not forget to properly mention about it in the business plan. Provide the necessary calculations, clearly showing the action mechanism of lending to households. 2. Specify in detail sources of seed capital, sources filling the fund. The latter must be credible, reputable and financially stable. If possible, list of possible sponsors. Here, potential investors should "eknut" that he is no worse. 3. Describe your target audience: gender, age, income level, needs, etc. 4. Mention of their competitive position than you are better credit and lending of other organizations. The business plan must be sound and the "public" goal of establishing a fund - raising people's living conditions. Be sure to indicate on their social responsibility. To avoid contentious issues in the evaluation of future business, it should be mentioned that the establishment of productive relationships with investors does not always depend only on material reasons. 5. The main problem of such organizations - a large percentage of non-repayment of loans, which is why the business plan should be given a special section under the guarantee of return. This is the right choice of mortgage, and work with debt collection companies. 6. Not be amiss to mention that as collateral will be taken into consideration as liquidity facilities (vehicles, appliances, securities, deposits at the bank, jewelry, etc.). 7. Pay attention to the insurance risks that reassures investors a guaranteed return on investment. Highlight the benefits separately for each of the parties involved. Important: The main index, contained in a business plan - is the interest rate used in microcredit. * Eff = (PR + PP + SF + MP-I) / (I-CT) where: E - effective interest rate, the PR - the ratio of operating expenses to the cost of the loan portfolio, in%; CT - the ratio of losses to the lending value of the portfolio loans,% SF - the ratio of assets and liabilities of the organization, taking into account the level of real inflation in the cost of the loan portfolio, in%; KP - capitalized interest income, in%, and - the ratio of profits earned by an organization not on the issue of microcredit (eg, providing consulting and training services on the side) to the cost of the loan portfolio, in%. Further information can be found in a special edition to that address.