Improved Loan-making Sample Clauses

Improved Loan-making. Business Plans The project’s recent experimentation with hiring a local-language consultant to teach business management to VHB members seems worth continuing. The overall thrust should be to get clients to begin moving into more profitable activities. A suggestions that arose in one VHB meeting is that there are VHB members who are sufficiently entrepreneurial that they themselves might be able to become ‘visiting experts’ at nearby banks talking about this-or-that aspect of their business! If this and similar activities go forward, one would like to think the project could begin to address the issue of high drop-out. If businesses become more successful, more women should be interested in staying in the project longer. Reducing the drop-out rate makes the project more efficient at achieving its goals. At the same time, a year ago project management began to conduct ‘exit interviews’ with departing bank members to understand better the various factors that influence a women’s decision to withdraw. Knowing more about these factors may give the project an opportunity to design other interventions. The target could be to reduce the drop-out rate in Blantyre to a more manageable figure, perhaps 40% by the 4th cycle? Tracking drop-out rates and trying to reduce it could become the next ‘systemic goal’ of a follow-on VHB project.