About us

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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

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Network of 6 branches

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Products & ServicesBusiness 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

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Our clients

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Below Poverty Line

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Factsheet

Outstanding amount: 2 Million EUR

Average loan: 4,800 EUR

PAR 90: 10%

Transformation Rate: 25%

BDS: 35% of the portfolio

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Disbursments(Since March 2011)

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New Jobs(since March 2011)

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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.

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Business Model

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Cooperative - % Revenues

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NGO - % Revenues

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Loans/year

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Break-Even in 2015

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Equity needed until 2018

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Subsidies needed until 2018

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How Much ?

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Main Issues

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Stay focused on the poorest

Innovate in new services that fit the needs (microinsurance…)

Keep a reasonable amount of loan

Word of Mouth

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Improve our performancesProcesses

Management & Information System

New Technologies

Improve our Portfolio at Risk

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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

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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

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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

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Thank you for your attention

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vis

www.microStart.be