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Microfinance Company Seeking Loan in India

Microfinancing business lending to 80,000+ women entrepreneurs in the low-income group across India.
This Business is on a Premium Plan
Established 10-20 year(s)
Employees 100 - 500
Legal Entity Public Limited Company
Reported Sales USD 1 - 2 million
Run Rate Sales USD 1.6 million
EBITDA Margin 7 %
Industries Microfinance
Locations India
Local Time 9:25 AM Asia / Kolkata
Listed By Advisor / Business Broker
Status Active
Overall Rating
Seeking Loan
USD 700 thousand for 12.0% annual interest, 5 years (Native Currency: INR 50,000,000)
Reason: Funds required for onward lending.
Collateral Available: USD 700 thousand
Includes physical assets worth USD 8 million
Interested to connect with advisors
Name, Phone, Email
Not disclosed
Business Name
Not disclosed
User Verification
Business Overview

- Microfinancing company promoted by a group of accomplished individuals with nearly 120 years of cumulative experience in running financial services.

- Lends to women entrepreneurs in the low-income category. These women are typically equipped with skills to take up sustainable micro-businesses, and access to timely funds is transforming lives.

- Have 80,000+ cumulative loan members (all women) with a 99 % on-time repayment rate. (Due to Covid the current collection rate is around 85% + and is expected to reach 99% by the end of the year. )

- Has distributed INR 2,000 million+ (cumulative loans) and current outstanding portfolio of INR 500 million.

- Has a model that enables a group of individuals (usually five) to take loans for income-generating activity by forming a group, wherein group members guarantee each other's loans.

- Has own ERP system which gives adequate MIS data for - Capital Adequacy Ratio (CAR), Liquidity Risk Management, Interest Rate Coverage, Debt Equity Ratio and Reports relating to day-to-day activities of branches.

- Approach post disbursement:

Program monitoring and supervision: If required, providing the additional top-up loans. Women entrepreneurs are covered by microinsurance.

- Loans ranging from INR 20,000 (USD 300) to INR 60,000 (USD 900) with up to 24 months repayment duration and monthly EMI and 22% rate of interest.

- Have a license from RBI for micro-financing.

Products & Services Overview

Microfinancing institution lending to women entrepreneurs in low-income category. These women are typically equipped with skills to take up sustainable micro-businesses, and access to timely funds is transforming lives.

Assets Overview

Deposits given to financial institutes against borrowing.

Facilities Overview

Have 15 branches based in India with 100+ employees. All the offices are rented.

Recent Activity
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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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