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 18 thousand |
| Run Rate Sales | USD 40 thousand |
| EBITDA Margin | 16 % |
| Industries | Microfinance |
| Locations | Ranchi |
| Local Time | 6:15 AM Asia / Kolkata |
| Listed By | Management Member |
| Status | Active |
Seeking Loan
USD
240 thousand
for
16.0%
annual interest,
2
years
(Native Currency: INR 20,000,000)
Reason: For new business expansion.
Collateral Available: USD 120 thousand
Includes physical assets worth
USD
5 thousand
Name, Phone, Email
Not disclosed
Business Name
Not disclosed
User Verification
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.
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
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