Businesses Seeking Loan in Jammu And Kashmir

- Non-operational business in the process to set up pharmaceutical manufacturing and online sale business. - The business has been registered, patents filed, and a trade license has been applied for. - The online portal will be developed by next month. - The portal is being developed in-house. - The business operations will start as soon as the manufacturing is in process.

- Career counselling for students of 8-12th standards. - We tie up with schools to source students/candidates. - The counselling fees are paid by the parents of individual students. - The founders have a collective experience of 20 years in the career counselling industry. - We were doing well pre-Covid but Covid came as a shock and it derailed our operations, we were unable to migrate completely to an online platform. We are now seeking funds to establish an online platform to provide career counselling services.

- Electric components distributor located in Jammu with 50 employees and 20 years of professional experience. - Revenue growth from INR 0 to INR 2cr+ in 2+ years. - Order books in excess of INR 2cr+ with 25-30 government customers. - Supply of electronics to government agencies and authorized distributors for Havells, LLoyds, Exide, and Aveo. - Recently started a call centre vertical in the business. - The business receives 5-10 orders per month with 45 days credit period. - Good relationships with suppliers and customers to secure government tenders. - Majority of the employees are for the call centre business and our distribution business requires around 6 employees. - The investment will be used for working capital and also to expand our business.

- A food processing and manufacturing business based in Srinagar, that started operations in 2019. - We manufacture and process ready to cook/serve packaged vegetables. - The vegetables include leafy and rooted vegetables. - Our manufacturing unit has a capacity to produce 48 metric tonnes of vegetables. - We purchase vegetables from 20 suppliers. - The products are sold through vendors, directly to retailers, directly to customers and we also accept bulk orders.

- 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.

- We are involved in the wholesale of all types of ready-made garments. - Recently, we have forayed into the PPE kit, surgical mask & face mask market due to the ongoing pandemic. - Business has 10 primary suppliers around the country. - Sales have fallen by nearly 50% due to the ongoing pandemic. - We have 4 distributors based in Ludhiana and Delhi. - Promoter has an assistant that helps out with the business operations. - We have not undertaken any significant marketing into the business. - The business has an IndiaMART page where we sell our products online.

- We are going to setup solar power plant of minimum 3MW in India and has a contract with to sell electricity. - We are new in industry but we have super intelligent directors and promoters and staff in our company who can achieve any target within specific time. - The contract is for 25 year and location for project is Jammu and Rajasthan.

- Manufacturer of shoes and slippers under own barnd. - Our production capacity on a daily basis is 35 pairs. - Supplying to 8 distributors. - We have applied for the export license as well. - Promoter has 5 years of industry experience.