Ecommerce Website Seeking Loan in Parsa, Nepal

- Our business is essentially an e-commerce website that offers a broad range of products in multiple categories to its customers.
- We have over 3,000 different SKUs listed across 5 categories of products. Our website has served over 15,000 clients since inception and receives over 2,000 orders every month i. e. between 60 to 70 orders daily.
- Products are either sold directly by the vendors who are enrolled on our website or directly by us when we purchase products from different sellers, store them at our facility and then list them on the website.
- There are over 150 vendors enrolled with us who are selling multiple products on our website.
- Vendors must ship the goods directly to the customers. Logistics support is outsourced and the customers are charged a courier fee as well. Currently, our operations are limited to Nepal only.
- Our users can access our platform by visiting our e-commerce website or through our mobile application on the android platform.
- We generate revenue through two channels: 5 to 10 percent commission fee on the order value paid by the vendors who receive orders through our platform and by adding a 10 to 15 percent mark-up on the goods that are listed by our company itself. No products are sold under our own brand name.
- 70 percent of the company's total revenue is generated through the sales of electronics and grocery products.
- The revenue figures listed on the profile are the sales generated by our company and not the value of orders that are shipped by us. The revenue of the company plummeted this year due to operational inefficiencies caused by the pandemic.
- The business is extremely valuable because of the enormous recognition our website has generated across Nepal in a short period of time.
- The owner is willing to provide one of his personal properties worth over NPR 50,00,000 as collateral against the business loan.