School Seeking Loan in Lormi, India
Locally well-known school in Mungeli district seeks a loan to expand infrastructure and increase enrolment.
| Established | 30-40 year(s) |
| Employees | 5 - 10 |
| Legal Entity | Sole Proprietorship/Sole Trader |
| Reported Sales | USD 4 - 5 thousand |
| Run Rate Sales | USD 6.8 thousand |
| EBITDA Margin | 10 - 20 % |
| Industries | Schools |
| Locations | Lormi |
| Local Time | 10:58 PM Asia / Kolkata |
| Listed By | Management Member |
| Status | Active |
Seeking Loan
USD
17 thousand
for
8.0%
annual interest,
8
years
(Native Currency: INR 1,500,000)
Reason: We require at least INR 15 lakh to:
1. Fund the school renovation.
2. Expand and construct 10 more...
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Collateral Available: USD 0
Includes physical assets worth
USD
7.9 thousand
Name, Phone, Email
Available after connect
Business Name
Available after connect
User Verification
Business Overview
- School for teaching students from classes I to X.
- Each batch has 22-25 students and the total enrolment is 225 students.
- We teach the Chattisgarh Board syllabus.
- The school has 5 rooms and conducts classes in morning and evening batches.
- Fees are collected monthly, quarterly, or at the end of the year.
- Our school is famous in the district and students from 8-10 surrounding villages come to study here as well.
- There is only one owner of the land and building.
- We do not have any prior loans.
- The transaction is being handled by an individual related to the school principal.
- Each batch has 22-25 students and the total enrolment is 225 students.
- We teach the Chattisgarh Board syllabus.
- The school has 5 rooms and conducts classes in morning and evening batches.
- Fees are collected monthly, quarterly, or at the end of the year.
- Our school is famous in the district and students from 8-10 surrounding villages come to study here as well.
- There is only one owner of the land and building.
- We do not have any prior loans.
- The transaction is being handled by an individual related to the school principal.
Products & Services Overview
We teach the Chattisgarh Board syllabus to students of classes I to X.
Assets Overview
The school is built on a land plot of 27 bismils, valued at INR 1 lakh/bismil.The school building and classroom furniture are roughly valued at around INR 7 lakh.
The land is worth INR 27 lakh and is owned by a trust after whom the school is named.
Facilities Overview
The school is located on 27 bismils of land, the school building consists of 5 rooms and 1 assembly hall.
Capitalization Overview
Not Disclosed
Recent Activity
-
Earlier than 15 daysFounder, Mumbai, Financial Consultant connected with the Business
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