Newly Established Microfinance Company Seeking Loan in Hyderabad, India

Digital marketing company that plans to start providing micro loan services.

Established 0-1 year(s)
Employees 10 - 50
Legal Entity Private Limited Company
Reported Sales Nil
Run Rate Sales USD 16 thousand
EBITDA Margin 30 %
Industries Digital Marketing + 1 more
Locations  Hyderabad
Local Time 8:09 AM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 20 thousand for 12.0% annual interest, 3 years (Native Currency: INR 1,500,000)
Reason: Require INR 10 lakh capital as a pre-requisite to start micro finance. Also require working capital.
Collateral Available: USD 0
Includes physical assets worth USD 7 thousand
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Business Name
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Business Overview

- We are a digital marketing company that was started in the beginning of the year.

- Already have 4 large clients who have multiple branches across India.

- We provide various digital marketing services such as social media marketing, SEO and website development.

- Company has an annual contract with these clients to provide the services when required.

- Our plan is to start another entity to provide micro loans services and have already started the registration process.

- Within the next 15 days we expect to get the Nidhi permission to begin provision of loans.

- Initially we would continue to use our current office space to provide these loans.

- Promoter has 2 years of experience in digital marketing and 5 years of experience in financial services.

- Company's physical assets include laptop, furniture and other office equipment.

Products & Services Overview

Social media marketing, search engine marketing and website development. Plan to start micro finance services.

Facilities Overview

Office space of 1,700 Sq Ft at a rent of INR 25,000.

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