Microfinance Business Seeking Loan in Jela Sadar, India
Company provides personal loan in rural and urban areas seeks investment to build capital.
This transaction has concluded.
| Established | 5-10 year(s) |
| Employees | 5 - 10 |
| Legal Entity | Other |
| Reported Sales | USD 2.33 thousand |
| Run Rate Sales | USD 2.8 thousand |
| EBITDA Margin | 15 % |
| Industries | Microfinance |
| Locations | Jela Sadar |
| Local Time | 10:57 AM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Moderately Active |
Seeking Loan
USD
58 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
1.17 thousand
Interested to connect with advisors
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
(302.4 KB)
Trade License 2
(100.7 KB)
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.
- 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
Rented office of 600 Sq. Ft.
Capitalization Overview
Not Disclosed
Recent Activity
-
Earlier than 15 daysExecutive Director, New Delhi, Financial Consultant connected with the Business
-
Earlier than 15 daysProprietor, Transportation, Sikar, Individual Investor / Buyer connected with the Business
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