Organic Farming Businesses Seeking Loan in India

As the business is new we are planning to start with around 1,500 customers out of which 500 will purchase daily. For the first 3 years. Yearly clientele growth will be approx 100% and volume/turnover wise will be more YOY. Promoters was born and brought up in farmer family and does farming on their own purchased fully irrigated and developed farmland of 75 acres which can be increased to up to 100 acres under different tie-up modules. Promoter has experience of 40 years successfully running a trading business of farm equipment and achieved a turnover of up to INR 32 crores/year. Experience includes farming, authorized dealerships of Ford, Escort and John Deere Tractors and Hyundai Cars. Due to handling tractor dealerships for more than 30 years, the promoter has got good repo with 1,000s farmers to tie up with. For organic, there is huge demand and also better potential to enhance product portfolio. Promoter founded 2 companies 25 years back and owned by 2 shareholders is now closed due to unfortunate reasons and it became NPA now with INR 6.00 crs of ledger balance payable. In this new company, we will grow vegetables and greens to sell to customers and wholesalers. We are also planning for contract farming where individuals will rent part of land and grow their own crops. Business has some of the licenses and is in the process of getting all the certificates.

- We do organic farming and sell the products under our own brand name. - We will be growing multiple crops and our yield period differs from short-term to long-term. - The owner has 5 years of experience in this field. - We have 4 large B2B buyers lined up, and we have a huge market in Chennai with more than 150 organic outlets and 500+ outlets that can sell our product. - We have tested the market, and we have gotten a better response from the B2B segment. - The entrepreneur has an experience in marketing and sales for over 22 years. - The business is registered in Chennai but is located in Vandavasi.

- Agrotourism park located in a Chikhaldara, Paratwada which is a hill station. - We produce different types of vegetables & fruits at our farm. - We distribute them to restaurants, retailers & wholesalers within 20Kms radius. - Along with the farm currently, we have a restaurant, swimming pool, changing room, 3 dormitories, trekking area, water park and 2 regular rooms. - Seeking funds to construct 8 - 10 rooms for guest accommodation.