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 100 thousand |
| Run Rate Sales | Nil |
| EBITDA Margin | 4 % |
| Industries | Microfinance |
| Locations | Varanasi |
| Local Time | 3:41 PM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Moderately Active |
Seeking Loan
USD
60 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
1.2 thousand
Interested to connect with advisors
Name, Phone, Email
Available after connect
Business Name
Not disclosed
User Verification
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
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3 Investors already contacted this Business.
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