Microfinance Company Seeking Loan in Ranchi, India
Business listed in NBFC serving Self-Help group, planning to start new line of loan business.
| Established | 10-20 year(s) |
| Employees | 10 - 50 |
| Legal Entity | Private Limited Company |
| Reported Sales | USD 16.7 thousand |
| Run Rate Sales | USD 37 thousand |
| EBITDA Margin | 16 % |
| Industries | Microfinance |
| Locations | Ranchi |
| Local Time | 4:37 AM Asia / Kolkata |
| Listed By | Management Member |
| Status | Active |
Seeking Loan
USD
222 thousand
for
16.0%
annual interest,
2
years
(Native Currency: INR 20,000,000)
Reason: For new business expansion.
Collateral Available: USD 111 thousand
Includes physical assets worth
USD
4.45 thousand
Documents
ROC-Verification.pdf
(59.6 KB)
Business Overview
- Started as mediator to provide loan to self-help group from Indian bank.
- Our startup funding was provided by World Bank.
- We are also listed in NBFC.
- Have strong hold in the market and have connection with over 2,500 self-help group.
- We received 5% from the loan we provide to this group from Indian bank.
- Our.
- Planning to start other products like STPL Loan, Business Loan and Consumer Loan.
- Our startup funding was provided by World Bank.
- We are also listed in NBFC.
- Have strong hold in the market and have connection with over 2,500 self-help group.
- We received 5% from the loan we provide to this group from Indian bank.
- Our.
- Planning to start other products like STPL Loan, Business Loan and Consumer Loan.
Products & Services Overview
Currently: Self-Help group loan.New: STPL Loan, Business Loan and Consumer Loan.
Facilities Overview
Owned office at Ranchi.
Capitalization Overview
Not Disclosed
Recent Activity
-
Earlier than 15 daysFounder, Financial Advisory, Delhi, Corporate Investor / Buyer connected with the Business
-
Earlier than 15 daysManaging Director, Mumbai, Financial Consultant connected with the Business
-
Earlier than 15 daysHead - M&A, G2C And Visa Process Outsourcing, New Delhi, Corporate Investor / Buyer connected with the Business
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
8 Investors already contacted this Business.
Register below to connect now!
- Social
- Register
- Login
Who uses SMERGERS?
... and 64,000+ 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