Microfinance Company Investment Opportunity in Kitwe, Zambia
Established | 5-10 year(s) |
Employees | 5 - 10 |
Legal Entity | Private Limited Company |
Reported Sales | USD 80 thousand |
Run Rate Sales | USD 90 thousand |
EBITDA Margin | 20 - 30 % |
Industries | Microfinance |
Locations | Lusaka + 1 more |
Local Time | 2:45 AM Europe / London |
Listed By | Business Owner / Director |
Status | Active |
- 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.
- Payroll-based loans to private companies.
- SME Financing.
- Payroll-based loans to central government.
- Payslip-based salary advances.
- Financial literacy workshops.
- A Harrier Toyota worth ZMW200,000.
- Modifications to Loan management System worth ZMW75,000.
- 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.
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.
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Earlier than 15 daysTransaction Advisor, Accra, M&A Advisor connected with the Business
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Earlier than 15 daysManaging Director, Security And Networking, Lusaka, Individual Investor / Buyer connected with the Business
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Earlier than 15 daysManager, Consulting Services, Puurs, Individual Investor / Buyer connected with the Business