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    Microfinance Businesses for Sale and Investment Opportunities

    Showing 1 - 1 of 1 Microfinance Businesses for Sale and Investment Opportunities. Buy or Invest in a Microfinance Business.

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    Microfinance Company Seeking Loan in Ghatal, India

    Nidhi microfinance company providing 10 lakh worth loans/month, 200 micro loans/year with 15-25% interest rate.
    - Up and coming Nidhi registered micro finance company providing loans to small businesses, group loans to women, personal loans and emergency loans. - It was a running business which we acquired one year back and are now planning to expand it and make it a franchise model. - We provide loans to women and small businesses such as shopkeepers, auto drivers, taxi drivers. - Promoter is from the finance background and has more than 12 years of experience in management, sales and marketing. - We have distributed 200 micro loans to different business and individuals. - Our average loan ticket size is between INR 5,000 to 25,000. - We do KYC and also collect cheque and bank statements as assurance from the business owners wherever possible. - Our target is to provide 10,000 micro loans per year. - On an average we are providing INR 10 lakh worth loans every month. - Interest on the loan is in the range of 15 to 25 percent. - We have 20 collection executive who also acts as agents. They work on commission basis. - Repayment duration for the loans is between 3 months to 1 year.
    6.9   Ghatal
    Run Rate Sales
    USD 140 thousand
    EBITDA Margin
    8 %
    Business Loan
    USD 12 K at 12%
    Contact Business

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