How To Start A Micro Lending Business

SEMINAR TITLE: How to Start a Micro Lending Business
DATE: November 12, 2011                                                      
TIME: 9:00 am - 4:00 pm
VENUE: Unit 201 Richbelt Tower, 17 Annapolis St., Greenhills, San Juan City, Metro Manila

Key Topics:

A. Opportunity in Money Lending Business

    a. Demand (External Environment)

    b. Nature of business (Internal Environment)
 

B. Target Market in Money Lending (Who will benefit?)

    a. Products and services

        1. Personal Loan

        2. Salary loan

        3. Business Loan

        4. OFW/Placement Fee

        5. Professional Loan

        6. Pensioner's Loan

        7. Micro-Housing Loan

        8. Educational Loan

C. Process of Money Lending (How money lending works?)

    a. Government Regulations

        1. Truth in Lending Act

        2. Lending Company Regulation Act of 2007

        3. Consumer Act

    b. Business Registration

        1. Certificate of Authority from SEC

        2. Mayor's permit

        3. BIR

        4. SSS

        5. Philhealth

    c. Capitalization

    d. Location

    e. Human Resources

        1. Loan Processor /Documentor

        2. Credit Investigator/Collector

        3. Bookkeeper

    f. Documentation

        1. Promissory Note

        2. Chattel Mortgage/REM

        3. Amortization Schedule

        4. Lending Policies    

    g. Client Selection

        1. Application Stage

        2. Credit Investigation

            a) Character

            b) Capacity

            c) Collateral

D. Financial Aspect

    a. Product costing

    b. Profit

    c. Return on Investment

E. Marketing Aspect

    a. Promotion

    b. Incentives
 

F. Challenges

    a. Competition

    b. Remedial Management

 

SEMINAR FEE: Php 3,000.00 per person (inclusive of snacks, lunch, drinks, seminar kit, handouts, certificate)

DISCOUNT: 10% Discount if FULL AMOUNT is paid at least five (5) days before the event.

RESERVATION: Phone reservation is required. Please call telephone 727-5628, 727-8860, or 496-6949.

SCHEDULE CONFIRMATION: Schedule may change without prior notice. Please call to confirm seminar schedule.