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Small Tools and Housewares Business Seeking Loan in Uttarpara Kotrung, India

Enterprise that seeks to provide native eco-friendly products to a global audience seeks funds.

Established 1-5 year(s)
Employees 2 - 5
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 900
Run Rate Sales USD 1.2 thousand
EBITDA Margin Nil
Industries Tools and Housewares + 1 more
Locations  Uttarpara Kotrung
Local Time 2:14 PM Asia / Kolkata
Listed By Management Member
Status Active
Overall Rating
Seeking Loan
USD 11 thousand for 10.0% annual interest, 1 year (Native Currency: INR 900,000)
Reason: We want a lender/investor who can provide us with a working capital loan. The terms of repayment ca... View More
Collateral Available: USD 0
Name, Phone, Email
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Business Name
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Business Overview

- Retailer and wholesaler of eco-friendly housewares and personal care items.

- Source products directly from the manufacturers from the village.

- Our Areca leaf and bamboo products are of the following grades:

1. Export-grade.

2. Export-related grade.

3. Domestic first grade.

4. Domestic second grade.

- Bamboo products are sourced from the Northeast.

- Not received any export orders yet due to a lack of aggressive marketing.

- We have domestic buyers in Hyderabad and Guwahati. In talks with buyers in Odisha, Jharkhand, and Bihar.

- The business has no loans in its name and is owned by a single proprietor.

Products & Services Overview

Eco-friendly house ware products that are made from bio-degradable materials such as Areca leaf, bamboo, and clay.

We supply bio-degradable plates, spoons, toothbrushes, decorative dolls, straws.

Assets Overview

The business does not own any physical assets.

Facilities Overview

Rented area of around 500 sq. ft. located on the ground floor.

Capitalization Overview
Not Disclosed
Recent Activity
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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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