Microfinance Business Seeking Loan in Jela Sadar, India

Company provides personal loan in rural and urban areas seeks investment to build capital.

Established From

Employees

Legal Entity

Reported Sales

Run Rate Sales

EBITDA Margin

Industries

Locations

Local Time

Listed By

Status

5.6 / 10

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Seeking Loan

USD 70 thousand for 10.0% annual interest, 5 years (Native Currency: INR 5,000,000)

Reason: To cater to the loan demand that the company is receiving from nearby towns.

Collateral Available: USD 0

Includes physical assets worth USD 1.4 thousand

Interested to connect with advisors

Name, Phone, Email

Available after connect

Business Name

Not disclosed

User Verification

Documents

Deed 1 (234.0 KB)

Deed 2 (218.4 KB)

Deed 3 (273.6 KB)

Deed 4 (210.4 KB)

Deed 5 (217.2 KB)

Deed 6 (235.5 KB)

Deed 7 (285.5 KB)

Deed 8 (274.5 KB)

Deed 9 (326.2 KB)

Deed 10 (258.7 KB)

Deed 11 (151.4 KB)

Deed 12 (281.9 KB)

Deed 13 (378.1 KB)

Deed 14 (378.1 KB)

Deed 15 (149.8 KB)

Trade License 1

Trade License 1 (302.4 KB)

Trade License 2

Trade License 2 (100.7 KB)

Trade License 3

Trade License 3 (86.9 KB)

PAN Card (28.6 KB)

Business Overview

- We are operating since 2016 as a trust that provides Self Help Group Loan (SHG Loan), mainly to rural community.

- Our trust consists of 5 members who finances and manages loan disbursements. Have provided loans to more than 50 individuals till date.

- Our executives surveys nearby villages to understand borrowers' requirements and create groups. Company disburses loans for the entire group of 30 to 50 borrowers.

- We offer a minimum of INR 10,000 and maximum of INR 50,000 as loan to borrowers. The background of borrowers are typically farmers, laborers and self-employed women.

- We offer loans at a nominal interest rate of 16 to 20%. Tenure of the loan will be 1 to 2 years. Collection will be done on weekly basis.

- Receiving more demand for our loan services and we are looking to raise funds to fulfill the demand.

Products & Services Overview

Self Help Group Loan services.

Facilities Overview

Recent Activity

Earlier than 15 days

Executive Director, New Delhi, Financial Consultant connected with this business
Earlier than 15 days

Proprietor, Transportation, Sikar, Individual Investor / Buyer connected with this business

Tags:

Microfinance Business Seeking Loan in Jela Sadar, India

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Lend to Microfinance Business in Jela Sadar, India

·

Microfinance Business Seeking Loan

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Lend to Microfinance Business

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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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