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Microfinance Company Seeking Loan in Udaipur, India

Nidhi approved Microfinance company aims to provide loans to small shops in Udaipur.

Established 5-10 year(s)
Employees 10 - 50
Legal Entity Public Limited Company
Reported Sales Nil
Run Rate Sales Nil
EBITDA Margin Nil
Industries Microfinance
Locations  Udaipur
Local Time 8:38 PM Asia / Kolkata
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Seeking Loan
USD 60 thousand for 12.0% annual interest, 7 years (Native Currency: INR 5,000,000)
Reason: To kick start our operation.
Collateral Available: USD 0
Name, Phone, Email
Available after connect
Business Name
Not disclosed
User Verification
Documents
AOA
MOA
PAN Card
TAN Number
Business Overview

- We are a Microfinance company targeting kirana and small shops in Udaipur.

- We'll provide a maximum of INR 2 Lakh of loan against collateral security.

- Our monthly target is 10 shops.

- Our office setup is already done and we are urgently seeking funds to kick start the operation.

- Founder of the company has 7 years of experience.

Products & Services Overview

Microfinance for small shops.

Facilities Overview

Based in Udaipur in a rented facility.

Capitalization Overview
Not Disclosed
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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