tailieunhanh - Business planning and financial modeling for microfinance insti phần 4

Điều gì sẽ xảy ra nếu tổ chức có ý định thay đổi phương pháp tính lãi suất trong thời gian chiếu? Nếu tại một số điểm trong khoảng thời gian chiếu, tổ chức tài chính vi mô sẽ chuyển đổi từ cân bằng giảm lãi suất phẳng (hoặc ngược lại), mức lãi suất mới sẽ cần phải được nhập như tỷ lệ tương đương với phương pháp được sử dụng trong định nghĩa sản phẩm. | 60 Business Planning and Financial Modeling for Microfinance Institutions a Handbook Figure Defining compulsory savings requirements FAQ 16 What if the institution intends to change the method for calculating interest rates during the projection period If at some point in the projection period the microfinance institution will switch from declining balance to flat interest or vice versa the new interest rate will need to be entered as the equivalent rate for the method used in the product definition. For example if the product is defined as having a 24 percent declining balance interest rate and the institution decides to change to a 20 percent flat interest rate the new interest rate needs to be entered as percent the equivalent effective interest rate in the optional gray input cell for the appropriate month. If the institution is switching from 20 percent flat interest to 24 percent declining balance interest the Text continues on next page from the loan product definition. Microfin closes all compulsory savings accounts in the month indicated under this option. If there is a voluntary savings product some or all of the savings may be transferred to the voluntary product but this must be done manually. Microfin projects compulsory savings regardless of whether the savings are held by the microfinance institution. This is done to provide a point of reference for the volume of savings mobilized and to determine the impact of the savings requirement on the cost to the client. Step 4 Set the pricing structure Because microfinance institutions primary source of earned income is their loan portfolio the pricing of credit services is one of the most crucial issues that an institution faces. Pricing should be reviewed periodically to take into account changing circumstances such as shifts in inflation cost of funds default rates and the institutional cost structure. For young institutions the costs of operations in the first several years will probably .