Reference no: EM131910380
Create a financial plan for a non profit organization.
Non- Profit organization will provide small $4,000 to $6,000 (depending on eligibility) loans to adults, preferably parents who doesn't have a vehicle. This loan will specifically help them to buy used cars so they can find better jobs and provide a better future for their families.
The financial goals to get donations in cash or actual cars. 3 per loans a month.
The operating cost will include, training on the basics of finance for 6 months, 4 workshops for 6 months in total.
- Personal finance
- Budgeting
- Saving
- Credit usage
Provide a financial plan that includes all of these costs plus salary of 4 trainers(one per workshop), wage per hour is $20. Each workshop per day is 2 hours for 6 months.
Include conference expenses, like renting of the conference room in a hotel, 1 networking event per year.
Include projections of donations and the project financial planning. For one year period.
BE CREATIVE! You have full freedom to include more things and be creative with other financial term like conversion rates, goals and amounts donated.