Promoting microcredit in Belgium Vision Each human being
Promoting microcredit in Belgium
Vision Each human being regardless its educational background, its income, its economic position or its geographical origin has a right to economic initiative and a right to choose its destiny in our society
The Unmet Demand 1, 250, 000 1, 000 750, 000 500, 000 250, 000 0 Start-Up Jobseekers Selfemployed
The Unmet Demand 125000 100000 750000 25000 0 Start-Ups Jobseekers Self-employed microloans
Mission
Corporate Values Respect Innovation Trust Professionalism Solidarity
Corporate structure micro. Start SCRL-FS Cooperative company Social Purpose Capital: 4, 2 M EUR 23 employees micro. Start Support Asbl Non profit Subsidized Budget: 600 k EUR 4 employees & 150 volunteers
Governance micro. Start SCRL/CBVA Antonio Cano AG Insurance Philippe Maystadt Chairman Emmanuel Landais Adie Samuel Clause EIF Luc Haegemans BNPP Fortis Olivier Brissaud microstart Support 10
Management micro. Start Group Patrick Sapy General Manager Ludo Moyersoen m. S Support Coordinator Denis Hees Operations Manager Mathieu Godfroid Chief Financial Officer 11
Business model
our operations
Offices / Contact points
Products and services Business Loans 500 -15. 000 EUR 48 Installments max. Fees: 5% upfront Interest Rate: 8, 95%-9, 95% Individual-Group Lending Investment-cash
Work Flow Contact Through Prospection or Partner Recep tion With or without appointment Instruct ion Creation of the credit file with the client Credit comittee Disburs ment Renewa l Follow up Weekly Min. 6 months Identification of client’s needs Information on microstart Business development Services before start-up Individual Group Business development Services after start-up Individual Group
Products and services Business Development Services Up-front services Post creation services Training to prepare the business management exam Individual help or Group trainings to build a project: • Youth. Start • Dream. Start (for < 30 years old) Expert meetings (marketing, sales, law, …) Individual coaching on the field Specific trainings (budget management, accountancy, marketing, …)
Results # contacts
Results # loans per year
Outstanding
Our Customers Our customers
Professional occupation Before microloan Employ ee 18% Selfemp loyed 42% Jobseek er 33% Inactive 7%
80% Below Poverty Line
70% Born Abroad
Our Impact
1000 new jobs
Impact study 2014 Input Micro. Start scrl-fs • Granted loan from BNP: € 1, 300 K* • Capital: € 1, 210 K** • 5 board members and 1 to 7 employees Micro. Start asbl • 3 board members + 3 employees + 100 volunteers • Donation € 88 K* * Total amount during the years 2011 and 2012 ** As of the end of 2011
Impact study 2014 Activities Micro. Start scrl-fs • Granted loan from BNP: € 1, 300 K* • Capital: € 1, 210 K** • 5 board members and 1 to 7 employees Micro. Start asbl • 3 board members + 3 employee + 100 volunteers • Donation € 88 K* Microfinance Business Development Services
Impact study 2014 ct Output c Dire Micro. Start scrl-fs • Granted loan from BNP: € 1, 300 K* • Capital: € 1, 210 K** • 5 board members and 1 to 7 employees Micro. Start asbl • 3 board members + 3 employee + 100 volunteers • Donation € 88 K* lts u s e t. R – e om 0 utc pa – Im
Advocacy Regulatory framework in Belgium Immediate loss of Social Income High Amount of Social Contributions University Degree to get your VAT Number If not, Central Jury organized by the Regional Agency of Economy
Contact micro. Start Belgium Patrick Sapy - CEO (FR-NL-ENG-DE) patrick. sapy@microstart. be +32 478 44 53 59
- Slides: 31