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Newly Established Nonprofit Organisation Seeking Loan in Srinagar, India

Srinagar-based healthcare NGO seeking short-term funding to launch community medical camps and expand healthcare outreach.

Established 0-1 year(s)
Employees 2 - 5
Legal Entity Private Limited Company
Reported Sales Nil
Run Rate Sales Nil
EBITDA Margin Nil
Industries Nonprofit Organisations
Locations  Srinagar
Local Time 12:58 PM Asia / Kolkata
Listed By Management Member
Status Active
Overall Rating
Seeking Loan
USD 3.14 thousand for 10.0% annual interest, 1 year (Native Currency: INR 300,000)
Reason: Short-term funding is required to launch the first community medical camp and support the foundation... View More
Collateral Available: USD 0
Name, Phone, Email
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Business Name
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User Verification
Documents
Business Overview
- It is a newly established Section 8 healthcare-focused NGO based in Srinagar, Jammu and Kashmir, focused on community medical camps and healthcare outreach programs.
- The foundation plans to organize medical camps providing basic medical checkups and related healthcare services to local residents.
- The first medical camp is planned as the foundation’s initial operating initiative, with plans to expand into additional healthcare outreach programs and generate revenue through these activities.
- The foundation currently has no operating revenue and is in the early stage of launching its activities.
- Operations are currently managed by a two-member team from a rented office in Nowhatta, Srinagar.
- The company does not needs to be registered under SEBI, SEC, IRDA and FINRA.
- The business is not a section 8 company.
Products & Services Overview
Top-Selling Product/Service & Clientele: Community medical camps and healthcare outreach programs providing basic medical checkups and related services to local residents.
Assets Overview
The foundation has no tangible assets. Its intangible assets include the Certificate of Incorporation.
Facilities Overview
The foundation operates from a rented office in Srinagar and incurs a monthly rental expense.
Capitalization Overview
The foundation is owned by two shareholders and is currently funded through the owners' capital, with no outstanding loans.
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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.
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