Businesses Seeking Loan in Siliguri

- Company was incorporated in the year 1959. - It has a premium garden involved in end-to-end tea activity from plantation to manufacturing to warehousing and marketing, catering to the tea drinkers worldwide. - Today, the garden has over 493 hectres of well managed lush tea plantation and the upkeep is as per best field management practices. - It has a state-of-art factory that manufactures about 1.4 million kgs of tea every year. - The garden also produces its own bi-clonal tea seeds and has a wealth of plant genetic materials. - The company has 15-20 distributors that covers PAN India market.

- The business has been inactive since 2016 February. - Net profit when the business was operating was 3% - The raw material is procured from the open market. - FSSAI certified. - There are about 50 distributors in the network as of today.

- Our business is located in a prime location near a busy bus stand. - The business is a retail apparel store that sells men's women's and kids fashion shirts, jeans, jackets, bag packs. - We have provided our services to more than 10,000+ customers so far. - On average, the shop receives around 45 to 50 customers every day. - The promoter has 4 years of experience in the retail store business. - Our business has not taken any kind of business loan and does not have any outstanding balance so far.

- It is a tea estate company producing green tea. - We manufacture different grades of tea. - The yield is 5,00,000 kgs of Green Tea Leaves per annum, which gives 1,00,000 kgs of Green Tea on processing. - Selling it to the local market venodrs. - Also the same is auctioned at the Tea Auction centre at Siliguri.

- We are a pvt. Ltd. Company operating in the field of food industry. - Our main focus is in the processing of cashew nuts and trading of some other agro products as well. - We are having an experience of 3 years in this business. - Our client base is spreaded throughout India and also some prospect client of abroad. - Already more than 300 prospect clients had contacted with us. But due to financial constraint we did not able to fulfill the requirement of many clients. - We are already certified by West Bengal govt. food department by providing license.

- 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.