Newly Established Microfinance Company Investment Opportunity in Bokaro, India
Company provides member micro-finance to small businesses such as retail, hardware shops, fruits & vegetable vendors and other cart based vendors. In just 6 months, we have provided loans to 200+ business owners. Our business has 2 branches in Jharkhand and 2 branches in Bihar, in the process of opening the 3rd branch in Bihar.
While providing micro loans, each business owner passes through our verification process of their daily account transaction based on which we decide the size of loan. Each loan is given out for 1 year term and is dispatched only after taking collateral security. We charge 13% interest on loan and 2.6% service tax.
Director of the firm also runs other multiple companies.
Member micro-financing to SMEs.
Earlier than 15 daysExecutive Director, New Delhi, Financial Consultant connected with this business
Earlier than 15 daysGeneral Manager, Automotive, Jamshedpur, Individual Investor / Buyer connected with this business
Earlier than 15 daysCEO, Loan Agent, Ranchi, Individual Investor / Buyer connected with this business