Strategic planning articulates broad institutional goals, assesses the institution's performance, and develops See Less - Document also available in : French Details. Step-by-step projections are created from case study data using the Microfin model, an Excel-based financial modeling tool developed expressly for microfinance institutions.
These explain how to install the software, present printouts from the model, list data requirements, and provide an exercise on modeling lending activity.
Step-by-step projections are created from case study data using the Microfin model, an excel-based financial modeling tool developed expressly for microfinance institutions.
Part one provides a brief overview of the key elements of strategic planning: articulating the mission and goals; defining markets and clients; analyzing the environment; performing an institutional assessment; and developing a strategy.
Once readers have practiced with the Microfin model using the data provided in the case study, they can use the model to develop detailed financial projections for their own institution. In addition to its primary purpose as a management tool, a clear plan with well thought-out financial projections strengthens a microfinance institution's negotiating position with donors, banks, and other funders.