Microfinance Company Seeking Loan in Varanasi, India

Microfinance business in Varanasi providing loans to rural communities is searching for a business loan.

Established 5-10 year(s)
Employees 10 - 50
Legal Entity Private Limited Company
Reported Sales USD 110 thousand
Run Rate Sales Nil
EBITDA Margin 4 %
Industries Microfinance
Locations  Varanasi
Local Time 7:47 AM Varanasi
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Seeking Loan
USD 70 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 1.4 thousand
Interested to connect with advisors
Name, Phone, Email
Available after connect
Business Name
Not disclosed
User Verification
Documents
Business Overview

- Operations are in Varanasi and Mirzapur districts.

- Directors have 20+ years experience in banking and microfinance.

Products & Services Overview

Loan products having fortnightly repayment schedule.

Facilities 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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