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Newly Established Dairy Farms Business Seeking Loan in Kolar Gold Fields, India

Non-operational dairy farm in KGF, Karnataka seeks funding to start operations.

Established 0-1 year(s)
Employees < 2
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales Nil
Run Rate Sales Nil
EBITDA Margin Nil
Industries Dairy Farms
Locations  Kolar Gold Fields
Local Time 5:10 AM Asia / Kolkata
Listed By Business Owner / Director
Status Recently Active
Overall Rating
Seeking Loan
USD 17.4 thousand for 9.0% annual interest, 6 years (Native Currency: INR 1,500,000)
Reason: We are seeking this funding to: - Buy 10 cows. - Set up a shed to house the cows. - Buy the feed ... View More
Collateral Available: USD 0
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Business Name
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Business Overview
- The bussiness will be a dairy farm based out of KGF, Karnataka.
- The business is a dairy farm located in Kolar Gold Fields, Karnataka, specializing in the production of cows' milk.
- With an estimated 10 cows, the farm is projected to produce 50 liters of milk per day.
- The business will be supplied to the local government dairy, where the milk will be sold at a rate of INR 40 per liter.
- The farm is expected to commence operations within a month, with loan repayment scheduled to begin three months after receiving funding.
- The promoter has 8 years of experience in the dairy farming industry, providing valuable expertise to the venture.
- The company holds an MSME certificate and is in the process of acquiring a Panchayati license to initiate dairy farming activities.
Products & Services Overview
We will be a dairy farm producing cows' milk.
We will be supplying to the local government dairy.
Assets Overview
No tangible assets as the business is yet to take off.
Facilities Overview
We have identified a location to set up a shed in Bharath Nagar, KGF and the rent per month will be INR 5K.
Capitalization Overview
The business has no loans and is a sole proprietorship.
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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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