Newly Established Microfinance Business for Sale in Kanpur, India
| Established | 1-5 year(s) |
| Employees | 2 - 5 |
| Legal Entity | Other |
| Reported Sales | Nil |
| Run Rate Sales | Nil |
| EBITDA Margin | Nil |
| Industries | Microfinance |
| Locations | Kanpur |
| Local Time | 3:44 AM Asia / Kolkata |
| Listed By | Advisor / Business Broker |
| Status | Active |
- Non-operational microfinance business.
- It is registered with MCA.
- Company has a license from RBI.
- An alternate way to initiate a microfinance company is getting registration with RBI which require INR 5 crore net worth.
- The business was formed to provide loans to unemployed or low-income individuals who had no other source for financial services.
Loan provider to unemployed or low-income individuals or groups who otherwise would have no other access to financial services and the amount of loan is small but interest rates are very high.
The business does not have any physical assets. The buyer will get the business along with the microfinance license.
There is no office facility at the moment.
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Earlier than 15 daysCo-Founder, IT And Consultancy, Hyderabad, Individual Investor / Buyer connected with the Business
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Earlier than 15 daysPartner, Investment, Mumbai, Corporate Investor / Buyer connected with the Business
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Earlier than 15 daysManager, Banking, Ghaziabad, Individual Investor / Buyer connected with the Business
39 Buyers already contacted this Business.
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