Newly Established Microfinance Company Seeking Loan in Delhi, India

Newly started micro-finance company that has disbursed over INR 45 lakh to 500 clients.

Established From
Employees
Legal Entity
Reported Sales
Run Rate Sales
USD 32 thousand
EBITDA Margin
10 %
Industries
Locations
Local Time
12:49 AM India
Listed By
Business Owner / Director
Status
Active
Overall Rating
Seeking Loan
USD 270 thousand for 18.0% annual interest, 1 year (Native Currency: INR 20,000,000)
Reason: Funds to be used to open new branches and disburse micro loans which can be collected on a monthly o... View More
Collateral Available: USD 0
Includes physical assets worth USD 7 thousand
Name, Phone, Email
Available after connect
Business Name
Available after connect
User Verification
Documents
Business Overview

- We are a micro-finance company that was recently started in Delhi.

- Operations have been started and so far we have disbursed over INR 45 lakh to 500 clients.

- We are associated with well known finance companies like Usha Finance and ASA Microfinance.

- Company currently has one branch and is planning to open 10 more in the next 4-5 months.

- Promoter has completed his MBA and CA Inter and has worked with micro-finance companies for over 8 years.

- Company's physical assets include furniture, CCTV, lockers, cabins.

Products & Services Overview

Providing micro loans and micro finance to clients.

Facilities Overview
Recent Activity
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. Note that SMERGERS is not liable for any loss, damage, costs, claims and expenses whatsoever arising from transacting with any other user from the website. The final responsibility of conducting a thorough due diligence and taking the transaction forward lies with the users. Please read best practices on SMERGERS.
Contact Business
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.
You might also be interested in these businesses

Frequently
Asked
Questions

  • Why can’t I see the business’ name or contact number? How do I contact the business?
  • What level of due diligence does SMERGERS conduct on the businesses/member?
  • How can I be sure that the business profile will be active?
  • How does SMERGERS rate business profiles?
  • Do I need to pay to connect with a business?
  • Show more