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The Concept of Small Business

There is no definition inclusive of the small Business and varied scientific outlook and the process are in, because the small term project "Small Business" carries its aspects among many questions, including:

Type of small-scale project
small business startup
Minimum and maximum employment by
Minimum and maximum investment
Distribution of project products
Relationship with the small export
The small capacity of the project
Quality products, small-scale project
Form of management and administration in these projects
Level of technology used in small-scale project
The form of small-scale project in terms of legal
Realistic picture of the project (factory house and workshop)

The Concept of Small Business

All of these criteria from our point of view contribute to defining the concept of small projects, and we can say that the concept of small-scale project is a project that does not depend on technology-intensive in general, Small business is the foundation in carrying out the number of labor no more than five members of the maximum capital of ten thousand to fifteen thousand pounds, there is no separation between ownership and management (owner of the project is run by) is characterized by simplicity and local products designed to cover up the local environment needs export a later step.

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Objective of the small Business:

Range goals of small projects, including:

What is aimed at profitability
What is intended to provide employment opportunities
What is aimed at achieving social returns
What is aimed at raising the level of service
These goals may be combined together. It is scientifically is often small-scale project the primary objective of profitability and in the fastest time due to the small and limited capital investment.

Capital of small-scale project:

The small Business recoil is a young man starts its first steps in life. And thus limited its investments and the capital in fixed assets is low (land buildings equipment). In fact, small-scale project that seeks to recover the money in as little time as possible.

Level of technology and machinery:

Given the weakness of the financial capacity of small enterprise owner is often the technological level is a relatively advanced user; also characterized by limited tools and machines used, and often manual and highly dependent on the skill of the workers. Because of small and micro basis in Handcrafts, and thus no essential role for technology-based tools and machines.

Number of employees in small-scale project:

As we advance the concept of the project small and micro. The most important characteristics of small businesses lack the number of employees. There is no specific measure is reliable in this area due to the difference from one country to another in Japan, for example: The project is small if the number of its employees less than 50 people. And from 50 to 99 is considered a legitimate medium and more is one of the large-scale projects and in the United States when the number of employees working less than 25 it is considered a small project.

Some expert see that your craft project is a small business if it is less than ten individuals. When you see in the others, in its definition of the project as a  small Business , which employs less than 50 people, and so there is no clear measure of a specific number of employees in the small Business .

Possibilities for a small Business :

These possibilities include:

Production capacity
Energy storage
The volume of purchases
Services provided to workers
Management experience in marketing
Planning and Information Systems
Financial decisions

This is the limited possibilities in the small-scale project, and stick to personal characteristics of the owner and the extent of scientific expertise and rehabilitation.

The degree of proliferation:

Produces small-scale project is limited and is often the consumers of this production in the framework and limits of the project area, this means that the degree of proliferation of the project small Business is very limited.

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Al Amana Microfinance and Wafacash Partnership

Al Amana Microfinance

Al Amana Microfinance, a leading microcredit in Morocco, is diversifying its business and expands its services to customers by signing a partnership agreement with Wafacash Development and distribution services Domestic Money Transfer (Cash Express), Transfer of International money (Western Union and Money Gram) and the manual exchange.

This partnership will broaden the range of products and services of Al Amana and thereby contribute to reinforce its mission of financial inclusion of large populations across the kingdom.

The offering of these new services will eventually cover the entire distribution network of Al Amana Microfinance which has 450 outlets and 50 mobile branches. It is worth mentioning that Al Amana Microfinance has already served as part of its activities over a million customers.

Other banking should expand in the coming months, the product range of Al Amana Microfinance.
Source: http://themicrofinance.blogspot.com

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Microfinance in Morocco: Small rise in loan interest


The proportion of interest in microcredit associations in Morocco, between 13% and 15% versus 8% to 9% for banks.
It appears from these figures, the interest rate for microloans too high, the banks themselves.
In fact, the interest rate remains the subject of controversy and debate between the various researchers and those interested in this sector at the global level, but in Morocco we find low compared with what it is in Asia, Latin America and Africa.
Attributed this high rate of interest - according to sector actors - to serve the poor and access to them in villages and remote places, and this requires the equipment and human capital, technical, cost the association a lot of money.
However, it must reduce this figure to be in line with the situation Alsosioajtmaip for the poor of the community, to eliminate or mitigate one of the main challenges of micro-credit, namely, poverty, and thereby contribute to human development at local, regional, national

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Easy Loans

Easy loans
When people think of applying for a Loan , one of the last things to spring to mind are easy loans, especially these days. However, easy loans still exist and there are many people out there that can qualify for this type of loan.

What Is An Easy Loan ?
Basically, an easy loan can be virtually any type of loan from a lender as long as it is easily acquired. Some lenders will have easier loan options than others.
Because an easy loan is not specifically any one type of loan, you can consider them as loans that are quickly and easily obtained from a lender. This means that they can be both secured and unsecured. They can also be payday, debt consolidation, car or personal loans and many others.
Some people will be able to get an easy loan more readily than other people, as is the case with any type of loan. If you have good credit you should have no problem acquiring any type of loan that you want, you will also have more options when it comes to the terms than those with bad credit.

Easy Loans, With Bad Credit?
Good credit brings with it the benefits of lower interest rates on both secured and unsecured loans. Most lenders will be willing to approve any type of loan for you if you have good credit, especially if you are able to offer collateral to the lender.

Unfortunately, not everyone has good credit and many people with bad credit are in as much need of a quick and easy loan as a person with good credit.

If you have bad credit you will still be eligible for some types of loans that are quick and easy to obtain, but you will be faced with the possibility of higher interest rates and stricter loan agreement terms. However if you have collateral to offer a lender as security, and so opt for a secured loan, this will make it much quicker and easier for you to acquire a loan and it may reduce your interest rate and improve your terms.

Unsecured loans are harder for those with bad credit to be approved for. Many people with bad credit and fewer options opt for a quick payday loan, as they're known to be the faster and easier to obtain, no matter what your credit score might be. The down side is the extremely high interest rates that come with them.
Whether you have good or bad credit you will certainly want to shop around and approach a few lenders in order to get the best interest rates and the best terms.

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