Microfinance Company Seeking Loan in Jaffna, Sri Lanka
Invest in a microfinance firm with 5,000 customers providing small-group loans to Sri Lankan women.
Premium Plan
| Established | 5-10 year(s) |
| Employees | 10 - 50 |
| Legal Entity | Private Limited Company |
| Reported Sales | USD 1.36 million |
| Run Rate Sales | USD 1.7 million |
| EBITDA Margin | 24 % |
| Industries | Microfinance |
| Locations | Jaffna |
| Local Time | 5:21 AM Asia / Colombo |
| Listed By | Business Owner / Director |
| Status | Active |
Seeking Loan
USD
340 thousand
for
25.0%
annual interest,
3
years
(Native Currency: LKR 100,000,000)
Reason: Credit requirement for people is high in Jaffna and also to create new branches.
Collateral Available: USD 510 thousand
Includes physical assets worth
USD
67 thousand
Interested to connect with advisors
Name, Phone, Email
Available after connect
Business Name
Available after connect
User Verification
Documents
LMPA Certificate
(206.4 KB)
Company Registration Certificate
(207.7 KB)
Business Overview
1. The firm was established in 2017 to provide small-group loans for women in Sri Lanka.
2. The company is registered under the Lanka Microfinance Participation Association and has more than 5,000 customers.
3. Products & services offered include microloans, business loans, product loans, and staff loans.
4. The company is focused on reviewing and upgrading internal processes and systems to provide improved customer service.
5. The company's services are aimed at helping people in the district to become economically successful.
6. The company currently employs 33 people.
7. The company is headed by an experienced industry professional.
2. The company is registered under the Lanka Microfinance Participation Association and has more than 5,000 customers.
3. Products & services offered include microloans, business loans, product loans, and staff loans.
4. The company is focused on reviewing and upgrading internal processes and systems to provide improved customer service.
5. The company's services are aimed at helping people in the district to become economically successful.
6. The company currently employs 33 people.
7. The company is headed by an experienced industry professional.
Products & Services Overview
We provide microloans, business loans, product loans, and staff loans.
Assets Overview
We have desktops, laptops, photocopy machines, fitting things printers, POSS machines, finger printer machines, AC & TV, office tables, office chairs, office cupboards, and sofas etc. total values is more than LKR 20 million.
Facilities Overview
We have five branches in Jaffna total branches 4,100 sq ft.We pay a monthly rental of LKR 420,000.
Capitalization Overview
The company started personal investment. Now we have more than 150 investors.Our company's outstanding loan amount is LKR 240 million.
Shareholders- 2 - 50\50 split.
Recent Activity
-
Earlier than 15 daysCEO, Dubai, M&A Advisor connected with the Business
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Earlier than 15 daysCEO And CIO, Micro Lending, Knoxville, Corporate Investor / Buyer connected with the Business
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Earlier than 15 daysBusiness Turn Around Specialist, Colombo, Financial Consultant connected with the Business
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