Providing after care and post loan support. Providing Business & Financial management training. Performance information Performance 2015-16 2016-17 2017-18 2018-19 2019-20 Forward Criteria Estimated Budget Forward Forward estimate Actual Estimate Estimate Number of new Target: 60 70 75 80 85 IBA Forecast: 40 approved. Number of Target: 25 NA NA NA NA increases to loans Forecast: 15 with existing customers. Value of total NA $7 million $7.5 million $8 million $8.5 million lending to new IBA customers approved1 Value of total NA $7 million $7.5 million $8 million $8.5 million lending to existing IBA customers approved2. Number of Target: 600 NA NA NA NA Entrepreneurs Forecast: 300 supported in capability development activities3. Value of loan NA $55 million $60 million $65 million $70 million portfolio Number of active Target: 300 260 290 320 350 loans in portfolio Forecast: 250 Total number of Target: 300 430 470 510 550 indigenous Forecast: 400 people in jobs created / supported by IBA business loan clients. Indigenous NA 70 75 80 85 employment created or supported by new IBA lending4. Continued on next page. Table 2.1.2: Performance criteria for Outcome 1 (continued) Performance 2015-16 2016-17 2017-18 2018-19 2019-20 Forward Criteria Estimated Budget Forward Forward estimate Actual Estimate Estimate Percentage of Target: 85% 85% 85% 85% 85% loan customers Forecast: 91% still in business 1 year after
Providing after care and post loan support. Providing Business & Financial management training. Performance information Performance Criteria 2015-16 Estimated Actual 2016-17 Budget 2017-18 Forward Estimate 2018-19 Forward Estimate 2019-20 Forward estimate Number of new IBA approved. Target: 60 Forecast: 40 70 75 80 85 Number of increases to loans with existing customers. Target: 25 Forecast: 15 NA NA NA NA Value of total lending to new IBA customers approved1 NA $7 million $7.5 million $8 million $8.5 million Value of total lending to existing IBA customers approved2. NA $7 million $7.5 million $8 million $8.5 million Number of Entrepreneurs supported in capability development activities3. Target: 600 Forecast: 300 NA NA NA NA Value of loan portfolio NA $55 million $60 million $65 million $70 million Number of active loans in portfolio Target: 300 Forecast: 250 260 290 320 350 Total number of indigenous people in jobs created / supported by IBA business loan clients. Target: 300 Forecast: 400 430 470 510 550 Indigenous employment created or supported by new IBA lending4. NA 70 75 80 85 Continued on next page. Table 2.1.2: Performance criteria for Outcome 1 (continued) Performance Criteria 2015-16 Estimated Actual 2016-17 Budget 2017-18 Forward Estimate 2018-19 Forward Estimate 2019-20 Forward estimate Percentage of loan customers still in business 1 year after Target: 85% Forecast: 91% 85% 85% 85% 85%
2016-17-pmc-portfolio-budget-statements.docx