Training Module – Basics of Business Finance

Module 1 :UNIDO/HP LEARNING INITIATIVE FOR ENTREPRENUERS Finance: is defined as the management of money and includes activities such as investing, borrowing, lending, budgeting, saving, and forecasting. Corporate finance also includes the tools and analysis utilized to prioritize and distribute financial resources Types of Cost: Several types of costs should be considered when conducting a breakeven analysis. These two are the most relevant. Fixed Cost: These are costs that are the same regardless of how many items you sell. All startup costs, like rent, insurance, and computers, are considered fixed costs because you have to make these expenditures before you…

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Introducing the Nigeria Incentive Based Risk Sharing System for Agricultural Lending(NIRSAL)

NIRSAL is the primary platform for managing agribusiness risk in Nigeria. Incorporated in 2013, The Nigeria Incentive Based Risk Sharing System for Agricultural Lending is a $1Billion public-private Corporation that is wholly owned by the Central Bank of Nigeria. NIRSAL is an initiative of the following partners:  Central Bank of Nigeria (CBN)  The Bankers Committee (CEOs of deposit money banks, specialized banks, and discount houses)  The Federal Ministry of Agriculture & Rural Development

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