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  • Micro-Lending Business

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    Joy Superales Salao
    124 views8 pages
    This document outlines how to start a microlending business by providing small loans without collateral. It recommends determining startup capital and target market. Key steps include screening clients based on their capacity, character, collateral and condition. The document also discusses setting credit terms, collecting payments using promissory notes, and recording cash receipts and disbursements to determine profit.

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    This document outlines how to start a microlending business by providing small loans without collateral. It recommends determining startup capital and target market. Key steps include screening clients based on their capacity, character, collateral and condition. The document also discusses setting credit terms, collecting payments using promissory notes, and recording cash receipts and disbursements to determine profit.

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    © All Rights Reserved
    Download as PPT, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    124 views8 pages

    Micro-Lending Business

    Uploaded by

    Joy Superales Salao
    This document outlines how to start a microlending business by providing small loans without collateral. It recommends determining startup capital and target market. Key steps include screening clients based on their capacity, character, collateral and condition. The document also discusses setting credit terms, collecting payments using promissory notes, and recording cash receipts and disbursements to determine profit.

    Copyright:

    © All Rights Reserved
    Download as PPT, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    of 8

    Seminar on Microlending business

    Joy S. Salao
    09101889921
    JSS PFMC

    Micro-Lending
    lending out of small amounts
    of cash, usually without
    collateral.

    HOW TO START
    Determine how much capital you are
    willing to invest.
    Determine your market teachers,
    employees of kuya
    Marketing Strategy Office location- balay
    Legal requirements

    Be careful in screening
    clients
    Factors to look into:
    Capacity determined by payslip
    Character good credit history
    Collateral - atm
    Condition- work status, other sources of
    income

    Credit Term

    Principal
    Period of payment
    Interest
    Collateral
    Documentation

    collection
    Plot out due dates
    Names
    Amount to be collected

    PROMISSORY NOTES

    Recording
    Cash Receipts
    Collection
    Principal
    interest

    Cash Disbursements
    Releases

    Expenses

    Determination of Profit

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