Businesses Seeking Loan

The company manufactures water tanks and PVC pipes. - They have a network of 220+ retailers and 30+ distributors. - They have over 12 years of experience in manufacturing and more than 20 years of industry experience. - Their maximum production capacity is 86,000 kg per month. - The current utilization capacity is at 4,000 kg per month. - The company has achieved ISO certification. - The current employee count is needed to meet the demand.

Construction company based in Patna, operating since 1992. - We are a government contractors and undertake only government projects. - Have completed two government projects which are worth INR 80 crore each. - Currently we have undertaken new government project worth INR 100 crore. - Our new project is for water treatment and water supply in rural areas of Bihar by Public Health Engineering Department, Government of Bihar. - Our assets include land, building and machinery. - Promoters have more than 25 years of experience in this business.

We are an advertising agency that helps clients with brand building, lead generation and content marketing. - Also develop videos, photos and content for client's advertising campaigns. - Have delivered more than 800 creative projects for clients from varied industries. - We have over 25 clients from all across India who we provide advertising services to. - Promoter has over 7 years of experience in the field of advertising and marketing.

The business procures and sells betel leaves. We buy the betel leaves from farmers and have tie-ups with 100 farmers. After procuring, we sell it to 40 wholesale clients on a regular basis. Promoter has a business experience of 20+ years. Business owned assets include office equipment, laptop and furniture.

We are an NBFC company & have applied to RBI for change in status from NBFC to NBFC MFI. - The company was incorporated in Allahabad but after it was acquired by the current CEO, the headquarters was shifted to Gurgaon. - We are a microfinance company providing loans to women for income generating activity only. The business does not accept any deposits from their members. - We have disbursed up to 6,800 loans till date which amounts to nearly INR 15 crore. The business has over 2,900 registered members on the platform as of now. - Our average ticket size is between INR 25,000- 40,000 per customer. - We charge 26% of reducing interest on the loan which includes 1% processing fees. - Our EMI collection is conducted on a fortnightly /monthly basis. - We do KYC as per RBI norms and follow a JLG (Joint Liability Group) model while disbursing loans. The group size can range from 5 - 20 members. If one member defaults on the loan repayment, the entire group needs to bear its liability. - Besides that, we conduct a comprehensive background check which includes an inspection of the bank records, Aadhaar card, and PAN card. - We also conduct a physical verification check of the member's house, check their cash flow and annual income statement and consult the member's neighbours about their financial stability. - The business also conducts a credit check on their members through Equifax and Highmark and are planning to tie up with another Fintech company for credit evaluation. Owing to our comprehensive due diligence, the default rate on loans are very minimal at around 0.5%. - The CEO of the company is a Chartered Accountant with 10 years of experience in the finance sector. The COO has over 18 years of experience in the microfinance sector. - The business has been registered in Allahabad but we operate from a office in Gurgaon.

We are an international student housing company. We provide our services to international students from India who wish to relocate to Toronto, Canada. - Our business model is to rent a house for 2,500$ from the property owner and sub rent it room by room for international students for 3,500$. From a single student, we make a revenue of 1,000$. - Our company is incorporated in Canada and is a private limited company, but we are a sole proprietorship in India. - One of the partners is handling business in Canada. - Planning to build a back-office team in Kochi, Kerala. - Currently, we have around 55 properties in Canada. Each property can accommodate 5-8 students. - There are 3 intakes every year and we acquire 25 properties every intake. - Our objective is to have a network of 200 homes all around Ontario by next year. - Our sales were reduced last year due to Covid. As the restrictions are reducing and colleges are re-opening, we expect to generate a high revenue every month.