Businesses Seeking Loan in Motihari

- Opening a grocery store in Motihari, Bihar in a prime location surrounded by residential colonies. - We will sell all household items, food items such as frozen food, snacks and grains, personal care and hygiene. - Expecting a customer base of 100 per day. - Projected sales are INR 5 lakhs per month with 20% profit margins. - Will be purchasing the stocks from brand distributors from Delhi. - Home delivery will be provided for orders within a 10km radius. - Planning to do online sales as well. - Launched our Android mobile application and applied for Amazon and Flipkart registration, which will be received in 1 week.

- Trader and marketing of pharmaceutical product under our own brand. - We sell 5 main range of generic medicines. - Have tie ups with two third party manufacturing units. - Have tie ups with 21 stockist and a few agencies. - Generate leads through JustDial, TradeIndia. - Promoter has 8 years of industry experience.

- 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.

- Newly established company having a manufacturing unit for production of processed milk and milk products. - We collect milk from local farmers and process it. - On a daily basis we produce 5,000 liters of milk which is used to make other products like sweets. - We have 5 dealers who distribute our products to retailers. - Promoter has been working in this industry for 5 years now.

- Newly established company providing small loans to members. - People deposit money on daily, monthly and yearly basis as per their convenience. - Our target customer base are the small business owners. - We work according to RBI guidelines. - We have 200 members registered with us. - The maximum interest rate we can charge is 20% - Promoter has an experience of 6 years.

- Engaged in trading and manufacturing of spices. - Trademarked brand with a focus on spice products. - Revenue generated from trading and manufacturing are 30-70 respectively. - 20 suppliers for raw materials supporting production needs. - Maximum production capacity for the manufacturing unit is 60-70 lakhs per month. - 7 trading suppliers contributing to product diversity and range. - Primarily involved in B2B sales, catering to business clients. - Possesses essential licenses including FSSAI, pollution control board, ISO, GST, and MSME. - Promoters bring 7 years of experience to the business. - We have 13 contract workers.