What is Microfin
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Microfin is a sophisticated Microsoft Excel spreadsheet which has been designed to assist Micro Finance Institutions in developing detailed financial projections to accompany their business plans.  This software, and the companion Business Planning Manual, have been developed with the assistance of the Consultative Group to Assist the Poorest (CGAP) and Women's World Banking (WWB).  The materials were developed starting in 1997 and are currently in use in hundreds of Microfinance Institutions around the world.

To download a Word document containing an overview of Microfin, click here.

Descriptions of Microfin and the Business Planning Handbook are provided below:

Business Planning and Financial Modeling Handbook

The 500-page Handbook comes in a 3-ring binder and contains chapters on the following:

bulletDeveloping a Strategic Plan
bulletUsing Microfin in Operational Planning
bulletDefining Products and Services
bulletDefining Marketing Channels by Projecting Credit and Savings Activity
bulletPlanning Institutional Resources and Capacity
bulletDeveloping a Financing Strategy
bulletAnalyzing Financial Projections and Indicators
bulletUsing Business Planning as an Ongoing Management Tool

 

Business Planning Framework

STRATEGIC PLANNING

OPERATIONAL PLANNING

Mission and Goals

Markets and Clients

Products and Services

Environmental Analysis

Competition

Collaborators

Regulatory Factors

Other External Issues

Marketing Channels / Credit and Savings Projections

Institutional Assessment

Institutional Capacity and Resources

Credit & Savings Program

Board and Management

Human Resources

Administration

Financing Sources

Financial Management

Loan Loss Provisioning

Loan Officer Caseload

Program-level Expenses

Admin-level Expenses

Financing Strategy

Financial Management

Strategy

Business Planning as an Ongoing Tool

 

Microfin

View a schematic of the Microfin structure

View sample screen clips from Microfin

Using Microfin requires that you have any version of Excel installed on your computer (Excel 97, Excel 2000, Excel XP).  Microfin will perform on any Pentium computer as long as the computer has at least 64M of RAM installed.  Without this minimum requirement for memory, the model will not run properly. 

For more details on Microfin's operation and capabilities, you can download Chapter 1 of the Business Planning Handbook here.

Click here to download the latest version of Microfin.

 

This website is managed by Chuck Waterfield.  If you have any questions or comments about the website, please email waterfield@microfin.com