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Businesses Seeking Loan in Nongpoh

Showing 1 - 2 of 2 Businesses Seeking Loan in Nongpoh. Lend to a Business in Nongpoh.

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Computer Training Business Seeking Loan in Nongpoh, India

Computer training institute in Nongpoh, Ri-Bhoi that can accommodate 10 students.
Our facility is located on main road of Nongpoh, Ri-Bhoi. - We have multiple schools and colleges near by. - We teach from basic courses to diploma in computer applications. - Operations started a week ago and we have 2 registered students as of now. - Can accommodate 10 students at our center and we have computers for each one of them. - Promoter is also one of the faculty members at the centre and has 3 years of experience.
Computer training institute in Nongpoh, Ri-Bhoi that can accommodate 10 students.
6.2   Nongpoh
Run Rate Sales
USD 3.9 thousand
EBITDA Margin
10 - 20 %
Business Loan
USD 6.8 K at 12%
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Microfinance Company Seeking Loan in India

Microfinancing business lending to 80,000+ women entrepreneurs in the low-income group across India.
Microfinancing company promoted by a group of accomplished individuals with nearly 120 years of cumulative experience in running financial services. - Lends to women entrepreneurs in the low-income category. These women are typically equipped with skills to take up sustainable micro-businesses, and access to timely funds is transforming lives. - Have 80,000+ cumulative loan members (all women) with a 99 % on-time repayment rate. (Due to Covid the current collection rate is around 85% + and is expected to reach 99% by the end of the year. ) - Has distributed INR 2,000 million+ (cumulative loans) and current outstanding portfolio of INR 500 million. - Has a model that enables a group of individuals (usually five) to take loans for income-generating activity by forming a group, wherein group members guarantee each other's loans. - Has own ERP system which gives adequate MIS data for - Capital Adequacy Ratio (CAR), Liquidity Risk Management, Interest Rate Coverage, Debt Equity Ratio and Reports relating to day-to-day activities of branches. - Approach post disbursement: Program monitoring and supervision: If required, providing the additional top-up loans. Women entrepreneurs are covered by microinsurance. - Loans ranging from INR 20,000 (USD 300) to INR 60,000 (USD 900) with up to 24 months repayment duration and monthly EMI and 22% rate of interest. - Have a license from RBI for micro-financing.
7.8   India
Run Rate Sales
USD 1.43 million
EBITDA Margin
7 %
Business Loan
USD 600 K at 12%
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    There are 2 active and verified businesses seeking loan in Nongpoh listed on SMERGERS as of 22 July 2024.
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