Microfinance Company Seeking Loan in Lucknow, India
Established | 5-10 year(s) |
Employees | 10 - 50 |
Legal Entity | Private Limited Company |
Reported Sales | USD 180 thousand |
Run Rate Sales | USD 300 thousand |
EBITDA Margin | 12 % |
Industries | Microfinance |
Locations | Lucknow |
Local Time | 11:01 AM Asia / Kolkata |
Listed By | Business Owner / Director |
Status | Active |
We are a micro-finance company that lends to women entrepreneurs from lower income group. Our model works on a 'Joint Liability Group' where a group of 4 to 10 individuals come together to avail a loan as a single entity or as a group against a mutual guarantee. Loans are targeted at women and all the loans granted are repayable in 52 weeks. To date we have more than 3,000 total borrowers with a total book outstanding of more than INR 1.5 crore since incorporation. Promoters are experienced bankers with each have more than 25 years of experience in the industry.
4 products available.
Onward lending to JLG.
Head office and 3 branches on lease rental basis.
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Earlier than 15 daysDirector, Marketing & Financial Solutions, Dubai, Corporate Investor / Buyer connected with the Business
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Earlier than 15 daysCOO, Lucknow, Financial Consultant connected with the Business
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Earlier than 15 daysExecutive, Investment Managemnt, Calgary, Individual Investor / Buyer connected with the Business