How Do I Get Business Loan to Buy a Business

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					L1b. Business Loan Application                                                       Branch:

1.        Application                                  Date :                        /                    /

1.1.      Business Address
House Nbr:                               Sub area/ Area:                                      Level: Date              /          /
Landmark                                                                                      L1   ,L2      ,L3     ,L4     ,L5        ,L6     , L7
Phone:                         Presence in Branch Area since: (mm/YY):         /           6-12Months     ; 12-24 Months              ;>24 Months

1.2.      Business Woman/Man
                                                                                                                                              Male:
First Name:                              Middle Name                                          Last Name
                                                                                                                                             Female:

For Reloan:    Partner’s Code:                                     Loan Number:

1.3.      Business
Expansion:       Creation:                 Seasonal:       ; Regular:                Hawking:          ; Stable:

Do you know Where to get Starting Material from? Supply? Where to Market? Y                        N
Technical Know How? Y N

In case of Expansion put the actual figures, in case of creation, the expected forecasted figures.
Bus Type: Buy&Sell:            Manufacture:         Service:       specify :                                         Comments
    Average Sales/Turnover
                                                                                              Daily (x20)
    Less Average Costs of the purchase                                                        Weekly(x4)
                                                                                              Monthly
    Less Avg Expenses (rent, Elec, transp.)

              ABP: Actual Business Profit                                                  Monthly ABP=

1.4.      Business Simplified Balance Sheet
    Assets                               Amount              Liabilities                                 Amount                       Comments

1   A1: Cash In Hand                                         L1: Credit from Suppliers
2   A2: Credit to Clients                                    L2: Loans for Business
3   A3: Remaining Stock unsold                               L3:
4   A4: Tools and machines                                   L4:
5   A5: Fixed Assets Value                                   L5:
6   A6:                                                                             :B: Sub total
7   A7:
                                                             :A- B : ABV:
                            :A: Total                       Actual Business Value

1.5.      Business Loan Plan
Investment in Capital                             Nb/Qty             Unit Cost             Total                  Comments

1                                                                                                                 Does (s)he know exactly :
                                                                                                                  …the material to buy?       Y   N
2
                                                                                                                  …Where to buy?              Y   N
3
                                                                                                                  …Is it the cheapes t?       Y   N
                                                                                   Total                          …Is it good quality?        Y   N

Investment in Stocks                              Nb/Qty             Unit Cost             Total                  Comments

1                                                                                                                 Does (s)he know exactly :
                                                                                                                  …the s toc ks required?     Y   N
2
                                                                                                                  …Where to buy?              Y   N
3
                                                                                                                  …Is it the cheapes t?       Y   N
4                                                                                                                 …Is it good quality?        Y   N
5

                                                                               Total

Contribution to project
                                                                               Total:
Loan Requested
1.6.        For Business ReLoan : Business Evolution
Profit Evolution                                      Monthly

Actual Business Profit                                                         ABP
                                                                                                       Ep%>20%            : 5: Expansion
Previous Business Profit (before loan)                                         PBP                     Ep%>5%             : 3: Small Expansion
                                                                                                       Ep%>0%             : 1: Stagnation
Evolution of the Business Profit in Rs                                         Ep:ABP-PBP
                                                                                                       Ep%<0%             : 0: Declining
Evolution of the Business Profit in %                                          Ep%=E/PBP

Assets Evolution                                      Monthly

Actual Business Value                                                          ABV
                                                                                                       Ev%>20%            :   5:   Expansion
Previous Business Value (before loan)                                          PBV                     Ev%>5%             :   3:   Small Expansion
                                                                                                       Ev%>0%             :   1:   Stagnation
Evolution of the Business Value in Rs                                          Ev:ABV-PBV
                                                                                                       Ev%<0%             :   0:   Declining
Evolution of the Business Value in %                                           Ev%=E/PBV

Business Woman/Man Reliability                        Previous Business Rating:                                 Date:                /         /

Meeting Attendance        Very good 100%          3        Average >75%             2             Poor >50%         1                 Bad <50%         0

Last Loan Closing         Before or on MD         5      Late by <4Weeks             3     Late by <8Weeks                1        More than 8Weeks            0

Missed payment Nbr       0 Missed Payment          5     <7D/4 Wk/1Mth               3     <15D/ 6Wk/2Mth                 2        >15D/ 6Wk/2Mth              0

Reloan Increase Limit                                 >15    :100% ; >10                :50% ; >5          :0% ; ≤5           :-50% or no Reloan

1.7.        Loan Security
Insurance in case of a family member Health problem, hospitalisation? N                           Y:     Where?:                         HMF Need:

Insurance in case of an accident (Death and Disability)?              N        Y:       Where?:                                          FSF Option:

Is Guarantor? N     Y:    Whic h P artner:                   Balanc e P +I :                           Status of loan:   : On Time        ; >PAR2

Saving balance with us       CBU                                Voluntary                                          LifeCycle Saving Option:

Documents                                      Ration Card with Corresponding Name And Address:

Photo Pass Xerox:            2 Photo ID:               Home Visit less than 24 Months: Y                    ;N      ; Updated

Group Representative/ Guarantor 1              Full Name

Address                                                             Occupation                                                Income

I declare that I have read and understood all the sections in this form (in particular the section on Reloan Assessment
when applicable). I have understood the reliability aspects of the partner and agree to repay the loan incase of default
by the Partner.

Date                           Signature                                                          Has a saving account with us? N                  Y       :

Group Representative/ Guarantor 2              Full Name

Address                                                             Occupation                                                Income

I declare that I have read and understood all the sections in this form (in particular the section on Reloan Assessment
when applicable). I have understood the reliability aspects of the partner and agree to repay the loan incase of default
by the Partner.

Date                           Signature                                                          Has a saving account with us? N                  Y       :

1.8.        Repayment Capacity
    Actual Family Inflows                    Amount         Actual Family Outflows                          Amount                   Output:

1   Present Business Income                                 Expenses From Family Form:                                               I-O= Monthly
2   Other Family Monthly Income                             Other Loan Mthly Repayment                                               Repayment
                                                                                                                                     Availability (MRA)
3   Other                                                   Other
4                                                                                                                                    I-O=MRA=
5
            I= Family Monthly Inflow                            O= Family Monthly Outflow
1.9.          Loan Amount
                                                        1 st Loan      40%           2 nd Loan     60%                ReLoans             80%            =
Maximum Monthly Loan
 Repayment= MMLR =                                                                                                                                       X MRA=
                                                        Last Loan: Late by 2 weeks: Less 10%             ; Late by >2 weeks: Less 20%

1 - In this table: As per the loan number, and the number of months in the area chose the minimum loan length.
2- On the vertical                                                      ~ Loan Length
axis, As per the level         Loan
                                                1st Loan             2nd Loan       3rd Loan 4th Loan    5th Loan
of the family sections       Amount
                                            4      6       8       10         12       15        18           24
choose corresponding                 200           1000    1500      1750      2000      2500      3000          4000
monthly Repayment
                                                         L1 ; L2
                                     250   1000    1500    1750      2000      2500      3000      4000          5000
line
3- Circle the                        300   1000    1500    2000      3000      3000      4000      5000          6000
                                  ~ Monthly Repayment


corresponding                        400   1500    2000    3000      3300      4000      5000      6000          7000
amount.                              600   2000    3000    4000      5000      6000      7000      8000          9000
                                                         L3 ; L4



4- Compare this
                                     800   3000    4000    5000      7000      8000      9000     10000        12500
amount with the
                                    1000   4000    5000    7000      8000    10000      12500     15000        17500
actual need of Loan.
5 - Keep the Smallest               1250   5000    7000    9000    10000     12500      15000     17500        20000
                                                         L5 ; L6




of the two.                         1500   6000    8000   10000    12500     15000      17500     20000        25000
                                    1750   7000    9000   12500    15000     17500      20000     25000        30000
                                    2000   8000 10000     12500    15000     20000      25000     30000        35000
                                    2500   9000 10000     15000    20000     25000      30000     35000        40000
                                                         L7




                                    3000 10000 12500      15000    25000     30000      35000     40000        45000
CBU Deposit          Loan Amount (≤ CB Ux5)                               Loan Length      Monthly Repayment              Repayment Frequency
                                                                                                                            Daily (/20)         Weekly(/4)       Monthly

Signature of the Partner                                                            of the spouse / Co-signatory

2.            Recommendation                                                            Date :                        /                     /
Eligibility         >18?       Physically Fit? Y                        ;N       Mentally Fit? Y     ;N           Reputation in Community? Good                  Bad

Last Loan       Was closed with Savings transfer? Y                               ;N          Any problem during the last loan repayment? Y                       ;N
Recomme         Rejected         ; Accepted                            ; Exceptional business creation to be considered? Y                 ,N
ndation
                Business Skills / Experience? Market Knowledge? Income? Habits / Reputation? Family / Health?
And
Reasons

Signature of the BM

3.            Final Decision                                                      Date :                          /                   /

   Loan         Principal:                                         Loan Length             Daily (/20)       Weekly(/4)       Monthly       Monthly Interest Rate
   OK
                                                                                                                                            FSF Option
  CBU           Amount:                                             Total Repayment:                                        Daily (/20)         Weekly(/4)       Monthly
Referrals   Life Cycle Savings                                               Social and Administrative Guidance
            HMF                                                              Business Development Service Guidance
Name and Signature of the BM                                                                                                Release on: /                    /
               st
or CO for 1 loan & Reloan >10000.

4.            Encoding                                                           Date :                       /                   /

Loan Application Encoded                                                                   Loan Documents Prepared

Name and Signature of the Encoder                                                          Name and Signature of the Validator

5.            Releasing                                                           Date :                      /                    /
Loan Disbursed Y           N     : reason

Passbook Given         ; Contract Signed                               ; Processing Fees collected       ;

Name and signature of Accountant:                                                          Name and Signature of the Validator
6.          Business Site Visit                          Date :                        /                     /
         Actual
                                                     >80% Matching                    50% Matching                   Not Matching / Problem
     Turnover/§1.3

 Actual Profit/§1.3                                  >80% Matching                    50% Matching                   Not Matching / Problem

Loan utilization/§1.5                                >80% Matching                    50% Matching                   Not Matching / Problem

     Differences /
     Comments:



Signature of the LO

7.          Business Rating                              Date :                        /                     /
                          Less than 150Rs daily      Less than 450Rs daily                  More than 450Rs daily             Comments:
     Turnover             or 900 Rs Weekly/3600Rs   or 2 ,500 Rs Weekly/10 ,000 Rs         or 2 ,500 Rs Weekly/10 ,000 Rs
                                M onthly 0              M onthly  5                            M onthly  10
                             Bad Quality/High        Good Quality /High                     Good Quality/Cheap
         Supply
                                 Rate    0               Rate    5                              Rate    10
                          Less than 50Rs daily       Less than 150Rs daily                  More than 150Rs daily
         Profit           or 300 Rs Weekly/1200Rs     or 900Rs Weekly/3600Rs            or 900Rs Weekly/3600Rs M onthly
                               M onthly    0               M onthly     5                         10
                                                                                       6 days /week regular
 Working Days                 Irregular        0    3-4 days a week               5
                                                                                                 10
  Competition                  Severe       0             Average           5                     None           10

     Accounts                 Not done         0     Not systematic              5            Systematic              10
                               ≥50        AAA              ≥40        AA                           ≥30           A
         Rating
                               ≥20        BBB              ≥10        BB                           ≤10           B
  Next plans?            Reloan Required            Amount:                          Purpose


                         If Not Required,
                         Why?


Are you                 No      : Why?:
Satisfied with
our services            Yes     : Why?

Other Needs:             Life Cycle Savings           Social and Administrative Guidance
                         HMF                          Business Development Service Guidance
8.          Goals Achievement
     1.Business Project is Successful – YesNo     (Points                        1. Social Project is Successful – Yes               No
     below have to be both ‘Yes’ for the project to be                                (Points below have to be both ‘Yes’ for the
     successful)                                                                      project to be successful)

          Business Income has Increased by ≥5% Yes            No                Improved Housing Condition Yes                No

          Business Capital has increased by ≥5% Yes          No                 Free from old Debts Yes               No

     2.Savings have increased by ≥25% Yes           No                           Children regularly going to School Yes                  No

                                                                                 2. Savings have increased by ≥25% Yes                    No

Signature of the LO

Audit: OK         ; To be revised    ; comments                                 Date       /                     /
                                                                                Audited by

				
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