Microfinance Company Investment Opportunity in Kitwe, Zambia
MicroFinance business seeking investment to support expansion. We service largest markets in Zambia.
Premium Plan
| Established | 5-10 year(s) |
| Employees | 5 - 10 |
| Legal Entity | Private Limited Company |
| Reported Sales | USD 74 thousand |
| Run Rate Sales | USD 78 thousand |
| EBITDA Margin | 20 - 30 % |
| Industries | Microfinance |
| Locations | Lusaka + 1 more |
| Local Time | 5:53 PM Europe / London |
| Listed By | Business Owner / Director |
| Status | Active |
Partial Stake Sale
USD
173 thousand
for
50.0%
stake
(Native Currency: ZMW 4,000,000)
Reason: We are seeking to expand our business. The funds raised will be used as follows.
- Loan book expans...
View More
Includes physical assets worth
USD
8.6 thousand
Interested to connect with advisors
Name, Phone, Email
Available after connect
Business Name
Available after connect
User Verification
Documents
Financial Literacy Product Profile
(1.7 MB)
Company Profile
(1.1 MB)
Pitch Deck
(2.5 MB)
Bank of Zambia Licence
(315.6 KB)
Certificate of Incorporation
(163.9 KB)
PACRA Print Out
(800.4 KB)
Unique Tax Reference Certificate
(789.5 KB)
Business Overview
- We are located in the two most populous cities in Zambia - Lusaka and Kitwe.
- We have invested in cloud-based tailored loan management system which will support scaling.
- We have a Bank of Zambia licence and audited financials for every year since inception.
- We have an established client base and are currently servicing over +500 clients on our loan book.
- We have an experienced management team.
- We have invested in cloud-based tailored loan management system which will support scaling.
- We have a Bank of Zambia licence and audited financials for every year since inception.
- We have an established client base and are currently servicing over +500 clients on our loan book.
- We have an experienced management team.
Products & Services Overview
- Payroll-based loans to private companies.- SME Financing.
- Payroll-based loans to central government.
- Payslip-based salary advances.
- Financial literacy workshops.
Assets Overview
- A Harrier Toyota worth ZMW200,000.- Modifications to Loan management System worth ZMW75,000.
Facilities Overview
- We have two small offices located in the Central business districts of Lusaka and Kitwe.- We are seeking to invest in our digital infrastructure and minimise overheads associated with large office spaces.
- Over three-quarters of our loans are processed remotely. With the launch of our app this will enable us to even serve more clients remotely.
Capitalization Overview
Currently the business has the following shareholder ownership:Ltd Company - 50%
Shareholder 1 - 44.3%
Shareholder 2 - 2.9%
Shareholder 3 - 1.4%
Shareholder 4 - 0.5%
Shareholder 5 - 0.5%
We have some external debt worth ZMW475,000 from Aamali Loans Zambia.
Recent Activity
-
Earlier than 15 daysChairman, Manufacturer, Dhaka, Corporate Investor / Buyer connected with the Business
-
Earlier than 15 daysDirector, Investment Firm, Luxembourg, Corporate Investor / Buyer connected with the Business
-
Earlier than 15 daysCEO And CIO, Micro Lending, Knoxville, Corporate Investor / Buyer connected with the Business
Tags:
Microfinance Company Investment Opportunity in Lusaka, Zambia
·Microfinance Company Investment Opportunity in Kitwe, Zambia
·Invest in Microfinance Company in Lusaka, Zambia
·Invest in Microfinance Company in Kitwe, Zambia
·Microfinance Company Investment Opportunity
·Investment Opportunity in Lusaka, Zambia
·Investment Opportunity in Kitwe, Zambia
·Invest in Microfinance Company
·Invest in Lusaka, Zambia
·Invest in Kitwe, Zambia
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. Note that SMERGERS is not liable for any loss, damage, costs, claims and expenses whatsoever arising from transacting with any other user from the website. The final responsibility of conducting a thorough due diligence and taking the transaction forward lies with the users. Please read best practices on SMERGERS.
Contact Business
12 Investors already contacted this Business.
Register below to connect now!
- Social
- Register
- Login
Who uses SMERGERS?
... and 62,000+ other businesses of all sizes.
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.
You might also be interested in these businesses