Businesses Seeking Loan

Travel agency for domestic airline tickets and logistics services serving individuals and institutions. - We have 2 major institutional clients - Post PNG and the East Sepik Government. - Have close relations with the domestic airline Air Nuigini. - Marketing through word of mouth and references. - 90% of our revenue is from the sale of airline tickets.

We build social housing that big companies do not like, and little companies can't construct because they do not have enough working capital. We are in this market because of the huge demand from buyers. We are seeking funds for a project that has 368 units, and we plan to construct and deliver them within the next 18-20 months. The units are already paid for (35% of the payment is by owners and 65% by the government). However, the funds stay in an escrow account until the delivery of the homes. In the past, we have worked on four housing projects along with other companies but this will be the first project solely built by us. We hire contract workers on a project basis for construction activities.

We build social housing that big companies do not like, and little companies can't construct because they do not have enough working capital. We are in this market because of the huge demand from buyers. We are seeking funds for a project that has 368 units, and we plan to construct and deliver them within the next 18-20 months. The units are already paid for (35% of the payment is by owners and 65% by the government). However, the funds stay in an escrow account until the delivery of the homes. In the past, we have worked on four housing projects along with other companies but this will be the first project solely built by us. We hire contract workers on a project basis for construction activities.

Nidhi company operating in Obra. - We offer savings and loan products. - Have 900+ depositors who have savings accounts with us. - We currently sign up 30 new accounts every month. - Offer 6% interest for saving accounts and 9 - 12.5% for recurring deposit and fixed deposit accounts. - We have over INR 1 crore of deposits in our accounts which is undeployed. - We primarily offer secured loans of small ticket sizes at an annual interest rate of 15.95% to individuals. - Offer loans up to 3 times of the deposit amount to businesses at an annual interest rate of 16.6% - Offer short-term working capital loans at an interest rate of 20% - The current loan book is valued at INR 1.63 crores and consists of more than 830 loans. - The loan recovery rate is 80 to 85% and has been impacted by the pandemic. - We have more than 30 freelance sales executives who sell our financial products and are compensated with commissions. - We also have several clients in the Sonbhadra district of Uttar Pradesh. - The business is debt free and is run by a promoter with 10+ years of lending experience.

Plan is to specialize in the manufacturing of housing wire electrical cables, with a focus on single flexible cables (1.5mm sq, 2.5mm sq, and 4.0mm sq) and general-purpose wire (1.5mm sq, 2.5mm sq, 4.0mm sq, 6.0mm sq, and 10.0mm sq) - The company's client base will include hardware shops, hardware distributors/stockists, contractors, and property developers that the promoter has established connections with. - The primary focus is within the core sub-Saharan market. - The business owner, a process engineer with 15 years of experience in the field, is well-versed in the manufacturing process and the industry, providing valuable expertise and insight into the production and distribution of the products. - The growth prospects of the business are closely tied to the construction boom of the economy. - With an established location and an environment assessment already conducted, the business is poised for a rapid 6-8 months establishment timeline once funding is secured. - The owner is based in Zambia, however, the business will be established in Botswana. - With the given funds, we will be able to develop a manufacturing facility with a maximum capacity of 15 tonnes per month.

Profitable and experienced business specializing in trading of beauty products. - We import reputed beauty products and cosmetics from the USA market and wholesale in Bangladesh. - Products are imported on a preorder basis so we do not keep any inventory. - We work with some of the main distributors in the USA. - Company deals with at least 10 well-known brands. - Have more than 5-10 wholesale clients who purchase from us regularly. - Promoter is experienced in this field with good market knowledge.

Our company offers a wide range of logistics services to our clients. - We do not own any ships, vehicles, or airplanes. All services are outsourced from large-scale logistics and freight companies. We are partnered with 3 such companies that are based in UAE. - Our company adds a fixed percentage margin on the price we pay for outsourcing these services. This is the only source of revenue for the company. - Our clients are charged on the basis of the category of services, pick-up and drop destinations, weight and size of the shipment along with the type of goods that must be transported. Our operations are limited to all the Middle Eastern countries for now. - We have recently begun operations and have provided ground and marine logistics services to 2 clients who are essentially companies dealing with precious metals and chemicals. There has been an even revenue split between these two services. - Currently, we possess 3 to 4 more contracts that are yet to be fulfilled. The contacts are for our warehousing and other logistics services. - Since the company is relatively new, we are still deciding on more details about the revenue and pricing models. - Our company requires major capital infusion which will allow us to expand the business. With incoming contracts, we will be able to make a timely interest payment and repay the capital amount within the stipulated time period.

Trader of Organic vegetables, meat and dairy products. - Meat and Dairy products are sold to local shops. - Vegetables are distributed to hotels and cafes in Mumbai. - Have our own retail shop. - Have 2 dairy farms to cultivate crops. - Also manufactures Ayurvedic products.