Babyloan MFI Presentation (EN)

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Information about Babyloan MFI Presentation (EN)

Published on August 7, 2008

Author: babyloan

Source: slideshare.net

Description

Presentation of the MFI partnership with the P2P microcredit service Babyloan.org

A project by Expanding low cost funding horizons for MFIs Partnered with

What is Babyloan? 1 Online platform that gives MFIs access to free loans from social lenders in Europe, helping them expand their entrepreneur outreach 0. Regular MFI operations 3. Babyloan pools investments and forwards balance (New Loans less Repayments) to MFI each month 4. MFI sends monthly reports through Babyloan to update internet user on the status of their loan 1. MFI selects a number of entrepreneurs. Information on these clients is collected and entered into the Babyloan system, and is subsequently posted on the website. 2. Internet user browses Babyloan.org, chooses an entrepreneur they wish to support, and sends the loan through Babyloan to the corresponding MFI 5. At the end of the loan term, MFI forwards repayment and final report to internet user through Babyloan

Benefits of Babyloan partnership for MFIs 2 A source of refinancing to expand your outreach Source of low cost funds Potential to diversify source of funds and increase profitability Ability to tap funding potential of European public Increased Exposure Increased outreach Enhanced international reputation Opportunity to link with ACTED’s international network Open to big and small MFIs Open to small and big MFIs with audit history Internal benefits Free loan tracking software (Octopus) for automated data input in Babyloan Potential for increased morale of staff

A source of refinancing to expand your outreach

Source of low cost funds

Potential to diversify source of funds and increase profitability

Ability to tap funding potential of European public

Increased Exposure

Increased outreach

Enhanced international reputation

Opportunity to link with ACTED’s international network

Open to big and small MFIs

Open to small and big MFIs with audit history

Internal benefits

Free loan tracking software (Octopus) for automated data input in Babyloan

Potential for increased morale of staff

Who are we? 3 Regional bank with strong mutualist identity endowed with a worldwide network Company providing technical, legal and commercial background to Babyloan Works, through partnerships, toward the broader goal of poverty alleviation NGO ACTED’s supports vulnerable populations in 24 countries and is a pioneer in micro finance Cooperative bank specialized in social economy, partner of many development projects

Company providing technical, legal and commercial background to Babyloan

Works, through partnerships, toward the broader goal of poverty alleviation

Step 1. MFIs Input initial data 4 Input initial data Receive balance from Babyloan Provide simple monthly reports + Features No change to microfinance operations MFIs with Octopus OCTOPUS: Free IT System LTS Easy to use, reliable, free Automated entrepreneur information feedback to Babyloan Product features: entrepreneur information, loan tracking, accounting, reporting Benefits everyday operations MFIs with existing software Babypus Light version of OCTOPUS Automated entrepreneur information feedback to Babyloan Estimated 15 minutes per entrepreneur Entrepreneur information Entrepreneur profiles viewed by social lender via Babyloan + Short descriptive write-up (3-4 sentences) MFIs select entrepreneurs from their pool of existing entrepreneurs and report information. Babyloan provides software (OCTOPUS or extranet) for MFIs to input data for new projects. This information is displayed to internet users. X Input initial data Receive balance from Babyloan Provide simple monthly reports X Input initial data Receive balance from Babyloan Provide simple monthly reports Impact measure input +

Features

No change to microfinance operations

MFIs with Octopus

OCTOPUS: Free IT System LTS

Easy to use, reliable, free

Automated entrepreneur information feedback to Babyloan

Product features: entrepreneur information, loan tracking, accounting, reporting

Benefits everyday operations

MFIs with existing software

Babypus

Light version of OCTOPUS

Automated entrepreneur information feedback to Babyloan

Estimated 15 minutes per entrepreneur

MFIs select entrepreneurs from their pool of existing entrepreneurs and report information.

Babyloan provides software (OCTOPUS or extranet) for MFIs to input data for new projects. This information is displayed to internet users.

Step 2. MFIs Receive balance from Babyloan 5 Babyloan pools money from social investors. At the end of each month, they forward the balance (new loans less repayments) to the MFI. New Loans New Loans €30,000 Repayments on Old Loans € 12,000 € 18,000 Balance forwarded to partner € 30,000 Input initial data X Receive balance from Babyloan Provide simple monthly reports Impact measure input Features Babyloan investors charge 0% interest on loan Babyloan MFI partner

Features

Babyloan investors charge 0% interest on loan

Step 3. MFIs provide simple monthly reports Internet users provide loans to entrepreneurs as ‘social investments’. As such, the MFI uses Babyloan to send monthly automated updates on the entrepreneurs and their projects to internet users throughout the loan term. MFIs bear the risk on entrepreneur defaults so are under no obligation to report delinquencies. However, we recommend they report any problems to enhance the authenticity of the site and potentially increase funding. FEATURES Reports as courtesy to social investors Each month, MFIs click a button to ‘agree’ that all entrepreneurs have paid their installments Less than 5 minutes to report Voluntary reporting of delinquencies Monthly Report New entrepreneur Search entrepreneur Search Credit Contact Exit Questionnaire Leads to a window where loan officer: Agrees all entrepreneurs have paid installments Report s delinquencies Input initial data Receive balance from Babyloan X Provide simple monthly reports Impact measure input AGREE DELINQUENT

Internet users provide loans to entrepreneurs as ‘social investments’. As such, the MFI uses Babyloan to send monthly automated updates on the entrepreneurs and their projects to internet users throughout the loan term.

MFIs bear the risk on entrepreneur defaults so are under no obligation to report delinquencies. However, we recommend they report any problems to enhance the authenticity of the site and potentially increase funding.

FEATURES

Reports as courtesy to social investors

Each month, MFIs click a button to ‘agree’ that all entrepreneurs have paid their installments

Less than 5 minutes to report

Voluntary reporting of delinquencies

Leads to a window where loan officer:

Agrees all entrepreneurs have paid installments

Report s delinquencies

STEP 3bis. MFIs reports delinquencies 7 Benefits Increased authenticity of site Increased transparency Less automated, more customated Preformatted screen with minimal input data Better Babyloan rating of MFI if MFI dedicates time to reports Social investors feel the site is authentic and are willing to invest more Increased funds for MFI Disadvantages Time spent on identifying delinquent entrepreneur May deteriorate image of entrepreneur if defaulting on loans X Repaid X Repaid X Default Why report delinquencies? Input initial data Receive balance from Babyloan X Provide simple monthly reports Impact measure input

Step 4. MFIs input exit data 8 MFIs answer short exit questionnaire for entrepreneurs at the end of the loan term. FEATURES Helps measure impact Combination of qualitative and quantitative questions Preformatted screen Dozen questions Estimated 5 minutes per entrepreneur Babyloan spends information to social investors Social investors may reinvest if they feel their loan had a positive impact on the life/ livelihood of the entrepreneur Input initial data Receive balance from Babyloan Provide simple monthly reports X Impact measure input Monthly Report New entrepreneur Search entrepreneur Search Credit Contact Exit Questionnaire

FEATURES

Helps measure impact

Combination of qualitative and quantitative questions

Preformatted screen

Dozen questions

Estimated 5 minutes per entrepreneur

Babyloan spends information to social investors

Social investors may reinvest if they feel their loan had a positive impact on the life/ livelihood of the entrepreneur

Minimising and easing the reporting 9 Once the initial data entry is finished, reporting is quick and easy. Load of reporting 1 2 3 4 5 6 Months Initial data input Monthly reports Impact measure input Load X Input initial data Receive balance from Babyloan X Provide simple monthly reports X Impact measure input

Relationship between Actors 10 MFIs General Public €€€ info INCREASED FUNDING Loan tracking software (optional) Reporting Repayment Loans (0% interest)

Conclusion 11 Revolutionary tool giving MFIs access to European public funding Low cost – free debt capital in exchange for information Partnership built on solid experience (ACTED, BRED, Groupe Credit Cooperatif) and trust Simplified reports 100% Repayment Entrepreneur profiles 100% Repayment 100% Loans 100% Loans Repayments with interest Loans 0% Interest Babyloan MFI Selects entrepreneurs from existing clients and enters initial data, which is posted on Babyloan Receives balance from Babyloan each month for sponsored entrepreneurs Completes monthly reports and exit data for sponsored entrepreneurs Repays loans via Babyloan Babyloan Implements internet exchange platfom between MFIs and European social investors Collects & pools loans from social investors Forwards balance to MFI each month Sends automated monthly reports to investors Forwards 100% repayment from MFI to internet users Internet User - Selects entrepreneur to sponsor - Provides free interest loan through Babyloan Receives automated updates Fully repaid Entrepreneur

MFI

Selects entrepreneurs from existing clients and enters initial data, which is posted on Babyloan

Receives balance from Babyloan each month for sponsored entrepreneurs

Completes monthly reports and exit data for sponsored entrepreneurs

Repays loans via Babyloan

Babyloan

Implements internet exchange platfom between MFIs and European social investors

Collects & pools loans from social investors

Forwards balance to MFI each month

Sends automated monthly reports to investors

Forwards 100% repayment from MFI to internet users

Internet User

- Selects entrepreneur to sponsor

- Provides free interest loan through Babyloan

Receives automated updates

Fully repaid

Contact 12 153 Boulevard Haussmann 75008 Paris – France [email_address] +33-1 42 25 83 60 +33-1 42 25 83 57 President ABC Microfinance Arnaud Poissonnier [email_address] Project manager Aurélie Marchais [email_address] MFI partnership officer Julia Sandoval [email_address] ACTED Frédéric Roussel [email_address] Become Babyloan partner on www.babyloan.org

President ABC Microfinance Arnaud Poissonnier

[email_address]

Project manager Aurélie Marchais

[email_address]

MFI partnership officer

Julia Sandoval

[email_address]

ACTED

Frédéric Roussel

[email_address]

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