Business Planning with Microfin
Dar es Salaam, Tanzania - Standard and Advanced
August 8-12, 2022
Note: The May 2022 course has been rescheduled for August 8-12, 2022.
Microfin is not just a simple budgeting spreadsheet for Microfinance Institutions, but a holistic enterprise planning tool, designed to help budgeting managers, CFOs, and operations officers plan for branch expansion, staff hiring, cash management, and asset purchasing. In addition, Microfin includes a complete set of financial statements, ratio reports, graphs, and monthly budget-to-actual variance analysis.
Due to the comprehensive nature of the spreadsheet, many users are initially intimidated by the software. My training courses empower users with a developer-led, thorough explanation of Microfin, utilizing a hands-on case study and the latest version of the software. Assumptions and results are explained and logically tested, removing that initial intimidation and giving confidence to the users that implementing Microfin, projecting results, and making informed decisions for their own MFI is simpler than initially imagined.
Microfin courses have been streamlined with a reduced cost, based on feedback from course participants. This Microfin course is a full Standard and Advanced Course, over 5 days. In the first three days of the course, participants use a customized case study aimed at illustrating the various features of the Microfin software. On the last two days, we dive into additional customization which Microfin affords and rework parts of the case study, showing how adding branches to the model can improve the precision, but also the complexity of the model. The participant will have a good sense of the tradeoffs between using Microfin through a consolidated model or a branch model. In addition, the variance analysis section of the model is explored in more detail and users are taught how to revisit some of the initial assumptions to make the model more accurate. Budgeting will never be 100% correct, but with the Microfin tool, many organizations have achieved budget to actual precision at a 3 to 5% variance. It will be taught at the Hotel Slipway, located with views of the Indian Ocean. Fee and room rates follow for the 5 day course. Please inquire about group discounts, which are available in addition to these rates.
Discounted Best Price
Before April 15, 2022
Before May 2, 2022
Late Reg. Price
After May 2, 2022
|Course Fee, discounted for local Tanzania MFIs||TZS 1 500 000||TZS 1 850 000||TZS 2 300 000|
|Course Fee, USD||USD 800||USD 1000||USD 1 200|
|5 night hotel
(single occupancy, breakfast included)
|USD 650||USD 700||USD 800|
Note that two coffee/tea breaks will be provided as well as lunch.
I’m excited to offer this course again in person and I hope to see many of you in Dar es Salaam later this year.