Newly Established Microfinance Company Seeking Loan in Etmadpur, India
Consumer lending business offering small loans, insurance, and investments to underserved individuals and micro-businesses.
| Established | 0-1 year(s) |
| Employees | 2 - 5 |
| Legal Entity | Public Limited Company |
| Reported Sales | USD 23 thousand |
| Run Rate Sales | USD 41 thousand |
| EBITDA Margin | 10 - 20 % |
| Industries | Microfinance |
| Locations | Etmadpur |
| Local Time | 12:12 AM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Active |
Seeking Loan
USD
46 thousand
for
15.0%
annual interest,
10
years
(Native Currency: INR 4,000,000)
Reason: Seeking funds for working capital.
Collateral Available: USD 23 thousand
Includes physical assets worth
USD
5.7 thousand
Interested to connect with advisors
Name, Phone, Email
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Business Name
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User Verification
Documents
Company Pan Card
(736.2 KB)
Certificate of Registration
(197.5 KB)
Business Overview
- Financial company that provides small-ticket loans to individuals lacking access to formal banking.
- Offers a range of services including secured and unsecured loans, consumer and auto loans, investment plans, and basic health insurance.
- Customers include pensioners, salaried professionals, small business owners, and self-employed individuals.
- Issues 2–3 loans weekly, with interest rates between 18% and 22%.
- Operates under RBI approval as loans are disbursed through partnered banks.
- Collaborates with institutions like UIDAI, CIBIL, and NPCI to enable secure and seamless services.
- Offers a range of services including secured and unsecured loans, consumer and auto loans, investment plans, and basic health insurance.
- Customers include pensioners, salaried professionals, small business owners, and self-employed individuals.
- Issues 2–3 loans weekly, with interest rates between 18% and 22%.
- Operates under RBI approval as loans are disbursed through partnered banks.
- Collaborates with institutions like UIDAI, CIBIL, and NPCI to enable secure and seamless services.
Products & Services Overview
The business offers a variety of financial services tailored to diverse customer needs such as secured and unsecured loans, auto loans.These services cater to a broad client base, including indivuduals, entrepreneurs, employees, and business owners.
Assets Overview
Tangible assets owned by the business include the office infrastructure and IT hardware in the office.
Facilities Overview
The business operates from a self-owned office.The office is personally owned by the family.
Capitalization Overview
The business was initially funded through the owner's capital and later supported by debt and lender funds. It currently holds no outstanding debts. The company has 19 shareholders and is registered as a public limited company.
Recent Activity
-
Earlier than 15 daysCFO, Diversified Group, Oman, Individual Investor / Buyer connected with the Business
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