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Personal Loans Business Opportunities in India

Showing 1 - 1 of 1 Personal Loans Business Opportunities in India. Lend to a Personal Loan or a Car Loan Business.

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Personal Loans Company Seeking Loan in Kochi, India

Nidhi company accepting deposits, providing loans to individuals in Kerala against small collateral, especially gold.
Nidhi company run & managed by ex-bank official with more than 20 years of industry experience. Provide loans to individuals against small security, especially gold. Each loan offered is for a short term, up to a year and we charge an interest rate of 15-20% annually. We receive interest every 3 months from customers. Kerala is a huge market for us and we project turnover of INR 10 crore in 5 years. Company operates from a rented facility in Kochi and we own 3 computers and a few furniture.
Nidhi company accepting deposits, providing loans to individuals in Kerala against small collateral, especially gold.
7.5   Kochi
Run Rate Sales
USD 140 thousand
EBITDA Margin
15 %
Business Loan
USD 60 K at 10%
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