Microfinance Company Seeking Loan in Ranchi, India

Business listed in NBFC serving Self-Help group, planning to start new line of loan business.

Established From
Employees
Legal Entity
Reported Sales
Run Rate Sales
USD 47 thousand
EBITDA Margin
16 %
Industries
Locations
Local Time
8:47 AM India
Listed By
Management Member
Status
Moderately Active
Overall Rating
Seeking Loan
USD 280 thousand for 16.0% annual interest, 2.0 years (Native Currency: INR 20,000,000)
Reason: For new business expansion.
Collateral Available: USD 140 thousand
Includes physical assets worth USD 5.6 thousand
Name, Phone, Email
Not disclosed
Business Name
Not disclosed
User Verification
Documents
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.

Products & Services Overview

Currently: Self-Help group loan.

New: STPL Loan, Business Loan and Consumer Loan.

Facilities Overview
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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