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Businesses Seeking Loan in Nawada

Showing 1 - 3 of 3 Businesses Seeking Loan in Nawada. Lend to a Business in Nawada.

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Training Institute Seeking Loan in Nawada, India

Training institute providing Electrician and Fitter courses in Nawada district looking for loan.
- Currently have 126 students. - We currently run through 2 sessions. - Target market are students upto 10th standard. - Authorized NCVT (National Council of Vocational Training) - Founder is B. Tech graduate.
6.6   Nawada
Run Rate Sales
USD 22 thousand
EBITDA Margin
28 %
Business Loan
USD 24 K at 10%
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Microfinance Company Seeking Loan in India

Microfinancing business lending to 80,000+ women entrepreneurs in the low-income group across India.
- 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.
8.1   India
Run Rate Sales
USD 1.4 million
EBITDA Margin
7 %
Business Loan
USD 600 K at 12%
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Consumer Lending Company Seeking Loan in Bihar, India

Newly established company providing small loans to members, currently having 200 registered members.
- 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.
5.7   Bihar
Run Rate Sales
Nil
EBITDA Margin
Nil
Business Loan
USD 6 K at 10%
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  • How many businesses seeking loan in Nawada are listed on SMERGERS?
    There are 3 active and verified businesses seeking loan in Nawada listed on SMERGERS as of 29 March 2024.
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