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Agriculture Consulting Business Seeking Loan in Tiruvallur, India

Organic vegetable farming and consulting business run by a society seeks funding for business expansion.
This Business is on a Premium Plan
Established 1-5 year(s)
Employees 5 - 10
Legal Entity Other
Reported Sales Nil
Run Rate Sales Nil
EBITDA Margin Nil
Industries Agriculture Consulting + 1 more
Locations  Tiruvallur
Local Time 7:28 AM Asia / Kolkata
Listed By Management Member
Status Active
Overall Rating
Seeking Loan
USD 59 thousand for 10.0% annual interest, 1 year (Native Currency: INR 5,000,000)
Reason: To purchase the seed and other farm inputs for the chilly cultivation in around 100 acres. The loan ... View More
Collateral Available: USD 71 thousand
Includes physical assets worth USD 71 thousand
Name, Phone, Email
Not disclosed
Business Name
Not disclosed
User Verification
Business Overview
- Society in Tiruvallur has started the initiative to promote the chemical-free cultivation of vegetables among farmers.
- Propose to cultivate chilly (for dry chilly) during the season starting early next year in around 500 acres, jointly with around 400 farmers.
- Chilly cultivation is based on a purchase order from a prominent curry powder company, purchase price would be the market price, however, a minimum has already been fixed.
- There are technology partners to provide service support as well as inputs.
- Insurance coverage for the crop is proposed.
Products & Services Overview
- Chilly to be cultivated without using any chemicals like fertilizers or pesticides following a SoP provided to them.
- Natural/organic inputs will be provided to the farmers.
- Machinery will be used to ease the farming process.
- The cultivation will be monitored and supported at all stages by a team of professionals.
Assets Overview
Agriculture land - 4 acres with water facilities, and fenced.
Facilities Overview
- Owned 4 acres of farmland, with multiple crops.
- Cultivation of chilly will take place on the farm of each individual selected farmer.
Capitalization Overview
Not Disclosed
Recent Activity
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Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct.
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