Businesses Seeking Loan

The business is located in Alotau and operates primarily in the used car dealership industry, specializing in importing and selling pre-owned vehicles locally. - Under the current operations, the business successfully sells approximately 5-6 used cars each month to the local market in Alotau, ensuring a steady cash flow. - Diversifying into agriculture, the business has initiated a cocoa plantation on 2 hectares of land with 1,000 cocoa trees already planted, which are expected to start yielding harvests from next year. - Targets international markets, including India, Australia, and New Zealand, leveraging these regions' high demand for cocoa products. - The company currently is in the process of setting up a fermentery and plans to expand further by constructing a warehouse to enhance its cocoa product storage and management capabilities. - With the new cocoa initiative, the business is optimistic to achieve an annual revenue of approximately 5.8 million, estimating a robust 20% EBITDA margin, demonstrating significant growth potential. - Seeking investment to facilitate this expansion into cocoa cultivation, this venture illustrates innovative cross-industry growth from car sales to agricultural wholesale, enhancing its revenue streams and market presence. - Business has an operating license for both dealership and cultivation. - Business generates high EBITDA from car sales but the loan will be used solely for cocoa cultivation. - Both verticals of the business will be operated under the same legal entity.

Small scale consumer electronics retail business with a focusing on household appliances. - Their top-selling products are single door refrigerators, popular amongst local consumers for their space efficiency and affordability. - The primary customer base is the local population in the town of Sabang and its surrounding areas, suggesting a strong community presence and localized market focus. - Revenue is generated from direct sales of their electronic products, leveraging a modest inventory to meet local demand efficiently. - With a dedicated team of 6 employees, the business emphasizes customer service and local engagement to drive sales and maintain customer satisfaction. - Business has a GST Certificate.

Small scale consumer electronics retail business with a focusing on household appliances. - Their top-selling products are single door refrigerators, popular amongst local consumers for their space efficiency and affordability. - The primary customer base is the local population in the town of Sabang and its surrounding areas, suggesting a strong community presence and localized market focus. - Revenue is generated from direct sales of their electronic products, leveraging a modest inventory to meet local demand efficiently. - With a dedicated team of 6 employees, the business emphasizes customer service and local engagement to drive sales and maintain customer satisfaction. - Business has a GST Certificate.

Edible oil manufacturing business in Raigarh. - The business currently only produces mustard oil, but we soon plan to start peanut oil production as well. - In an 8-10 hour shift we can produce 300 litres of oil. - Currently we are able to use about 50% of actual capacity. - We also do job work for farmers who give us their raw mustard from which we extract oil and give the oil back to them. - Business has an FSSAI license.

Spice production business, currently in the pre-revenue phase. - Although the business was initiated three years ago, operations had to be temporarily halted due to financial constraints, which is why we do not have sales data for the previous year. We did not operate for the last two years. - We own 10 acres of agricultural land, where we cultivate high-quality spices such as turmeric and chili. This same land is being pledged as collateral. - Our facility is equipped with spice grinding machinery that has a production capacity of 250 kg per hour. - The business is entirely farmer-owned and is located in the Gudimalkapuram village in Nalgonda, which is a mirchi hub, which helps keep transportation costs low. - We produce spices ourselves or source directly from farmers, eliminating middlemen and ensuring better margins. - There are three cold storage facilities located within a one-kilometre radius, allowing us to maintain the freshness of our spices. - Additionally, we benefit from a skilled and low-cost local workforce, which supports efficient operations. - Our sales strategy will focus on both B2B and B2C channels, targeting retailers and wholesalers as well as direct consumers. - After getting the business loan, our projected revenue for the first year is INR 24 lakh. - We are registered under Udyam and hold a valid GST certificate.