Microfinance Company Seeking Loan in Varanasi, India
Microfinance business in Varanasi providing loans to rural communities is searching for a business loan.
| Established | 10-20 year(s) |
| Employees | 10 - 50 |
| Legal Entity | Private Limited Company |
| Reported Sales | USD 92 thousand |
| Run Rate Sales | Nil |
| EBITDA Margin | 4 % |
| Industries | Microfinance |
| Locations | Varanasi |
| Local Time | 8:43 PM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Moderately Active |
Seeking Loan
USD
56 thousand
for
12.0%
annual interest,
5
years
(Native Currency: INR 5,000,000)
Reason: Onward lending to our clients.
Collateral Available: USD 0
Includes physical assets worth
USD
1.11 thousand
Interested to connect with advisors
Documents
ROC-Verification.pdf
(59.7 KB)
Business Overview
- Operations are in Varanasi and Mirzapur districts.
- Directors have 20+ years experience in banking and microfinance.
- Directors have 20+ years experience in banking and microfinance.
Products & Services Overview
Loan products having fortnightly repayment schedule.
Facilities Overview
Not Disclosed
Capitalization Overview
Not Disclosed
Recent Activity
-
Earlier than 15 daysExecutive Director, New Delhi, Financial Consultant connected with the Business
-
Earlier than 15 daysDirector, Microfinance, Varanasi, Individual Investor / Buyer connected with the Business
-
Earlier than 15 daysManaging Director, Information Technology, Kolkata, 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
3 Investors already contacted this Business.
Register below to connect now!
- Social
- Register
- Login
Who uses SMERGERS?
... and 63,500+ 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