Businesses Seeking Loan in Himachal Pradesh

- Residential real estate construction company with a project for 20 flats. - Land parcel of 14,262 sq. ft. has been acquired and the project will begin construction in another 3 months. - Have received letter of interest from 60 buyers with 5 having paid us a deposit amount. - Stipulated time of completion is 2 years from the commencement of construction. - 5 floor building will consist of stilt parking, 2 high-speed lifts, ten 2BHK flats, eight 3 BHK flats and 2 penthouses. - Penthouse will have its own private terrace with a jacuzzi. - Project has very high potential due to low-level competition, as there are no RERA-approved completed flats in our vicinity. - Promoter has 5 years experience in the same industry and has sold 15 flats through another real estate business.

- Business has been incorporated but has not taken up any contracts so far. - Have recently secured a consulting, distribution and implementation contract for the INR 8,000 crore Jammu Surksha Yojna project. - The contract is expected to generate revenues of INR 500 crore with margins being projected at 5% - The terms of the contract also appoints us as the sole channel partner for a large Government of India owned telecommunications equipment manufacturer. - The project will be implemented using Government's labor force but will be co-ordinated by us. - The promoter has over 15 years of domain expertise.

- 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.

- Our company is into land development and construction of residential flats in Kullu Manali and Mandi area of Himachal Pradesh We have two ongoing projects in Kullu. - This project was started one years ago. - The owner of the company is an architect and does independent consultation. - We recently finished a residential building project which had 8 flats in it near Kullu. - Currently, we have two buildings, one has 4 flats and the other has 40 flats in it. - We will start selling semi-finished flats in the first quarter of the upcoming year. - The company is planning on registering 5 flats under its own name and converting it into service apartments. - The building with 40 flats is still under construction and we are in need of capital to finish the project. - The land is registered under the owner's name. - The company has a sole proprietorship.

- Company in Jammu specializing in underground optic fibre cables installation work. - We undertake projects for Bharti Airtel and Vodafone Idea. We have contracts from both the companies. - Completed 70-80 km OFC installation till date. - We have 20-25 km installation project in hand and need funds for that. - Promoter has previous experience in the same industry which is helping develop this business. - Client company provides materials, equipment required for installation. That's the reason we do not require major physical assets. - Business owns office furniture and miscellaneous items.

- Company will be involved in providing handyman services through an app. - Launching an app and website tailored for worker solutions & handyman services within the next month. - Two distinct applications for vendors and customers, ensuring smooth interaction and streamlined processes. - Offering a range of services including plumbing, carpentry, and various other handyman services. - Fully licensed and incorporated, compliant with GST regulations, ensuring credibility and transparency. - Bringing seven years of experience to the forefront, providing expertise and reliability in service delivery. - Revenue model is subscription-based.

- The company has installed 20,000 STBs (set-top box) in Himachal Pradesh. - Has the potential to install 30,000 to 50,000 more STBs with 100% growth rate. - All the STBs are installed under our own brand name and we are also looking to start broadband services. - Promoters are engaged in cable TV business since 2004. - Have got license from MIB (Ministry of Information and Broadcasting) & TRAI (Telecom Regulatory Authority of India) for installing Digital set-top boxes across Himachal Pradesh. - We also provide digital signals to the LCO's (Local Cable Operator) and directly to customers as well. -Entering broadband servies as we are in surverying phase.

- Real estate firm that has developed an online platform with a mobile app to help businesses and users make a livelihood through e-commerce. - We are an e-commerce business that would connect wholesalers, retailers, and customers. - Currently, we are waiting to receive a few acceptances from the bank to kickstart operations. - The mobile app is developed but currently under review. - The app will be available on both Play Store and App Store. - We are in talks with 2 logistic service companies to deliver goods. - Revenue will be generated by charging subscription fees from retailers and manufacturers. - We will have 3 plans for subscription silver, gold, and emerald. - The charge for the silver plan will be INR 500 and will have a validity of 6 months. - Social media marketing services will be provided thrice a week to every silver plan subscription holder. - Promoter has been working in the real estate industry and sees potential in this field.

- We are planning to start a cafe serving coffee, shakes, burgers, pasta, pizzas and other quick serve items. - Have started construction of our first outlet and we are planning on completing the construction and having the outlet operational in the next 2 months. - The outlet is built on a rented property in Una and woodwork is currently going on. - Total cost of the project is INR 40 Lakh and we would require an investment of INR 20 Lakh. - Area of the outlet is 1,845 Sq Ft and it will be a 51 seater cafe. - Received our trademark on the 50th day of application. - Promoter has over 20 years of experience working in branding and advertising. - Have also hired a chef consultant who has 15 years of experience and has worked with McDonald's.