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Agriculture Support Business Seeking Loan in Kaashidhoo, Maldives

Profitable agricultural support business in Kaashidhoo, Maldives, Seeking loan to expand operations.
This Business is on a Premium Plan
Established 1-5 year(s)
Employees 2 - 5
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 35 thousand
Run Rate Sales USD 39 thousand
EBITDA Margin 15 %
Industries Agriculture Support
Locations  Kaashidhoo
Local Time 4:52 PM Indian / Maldives
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 30 thousand for 12.0% annual interest, 5 years (Native Currency: USD 30,000)
Reason: Funds will be utilized to procure machines and equipment for soil testing, educate the farmers, purc... View More
Collateral Available: USD 50 thousand
Includes physical assets worth USD 35 thousand
Interested to connect with advisors
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Business Name
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Business Overview
- Company is run by a farmer and provides services for de-weeding and preparing the land for harvest and plantation.
- We have 2-3 workers and are associated with 12+ farmers in the village.
- Promoter also owns a 100k sq ft land in the same region and has undergone related agri-trainings.
- Business is registered for over a year now but has operated for more than 2 years.
- Our work consists of manual labour and now we want to carry out our operations using advanced machines and agri-tech instruments.
Products & Services Overview
Weeding, land preparation, drilling, consulting, and supplying agricultural products from Kaashidhoo to cities and resorts.
Assets Overview
We are yet to buy machines, all the physical assets used for operation are owned by the promoter.
Facilities Overview
Company is based in the promoter's village and does not own any office.
Capitalization Overview
The business does not have any debt. Currently funded with the business income and own savings and seeing loan to expand.
Recent Activity
  • Earlier than 15 days
    MD, Kochi, Financial Consultant connected with the Business
  • Earlier than 15 days
    CEO, Visakhapatnam, Financial Consultant connected with the Business
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2 Investors already contacted this Business. Register below to connect now!
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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