Consumer Lending Businesses for Sale and Investment Opportunities in Tamil Nadu

- Nidhi registered microfinance company providing loans to small businesses, personal loans, and emergency loans. - We have CoA, GST, MoA, Nidhi Certification. - Have distributed 120+ micro-loans to different businesses and individuals. - We do KYC and also collect cheques and bank statements as assurance from the business owners wherever possible. - On average, we are providing INR 25 lakh worth of loans every month. - We have 3 debt collection executive who also acts as agents. They work on a commission basis.

- A micro-finance company based in Chennai. - This is a new venture started by a group of companies involved in mobile app development, construction and other industries. - Regulatory approvals are in place. - We will be providing short term loans to small business owners, shopkeepers, auto and taxi drivers. - Business is still in the pre-revenue phase and will begin operations within the next 2 months. - We will be creating groups of 10 people that will have 1 group leader. Each member of the group is eligible for a loan between Rs. 15-30k and a repayment period of 12 - 24 months. - We have already setup 150 groups, and are ready to disburse the loans once funds are received. - Interest on loan would be between 20-23% p. a plus processing fee of Rs. 1,000 per loan disbursement. - The repayment of the loan taken will be done through per day installments. For example - repaying back Rs. 1,500 per day until x amount + interest is paid back. - The team leader ensures each individual of the team pays the loan back. If someone defaults then the rest of the team members must make up for that individual repayment for that particular day. - Field verification for each applicant would be done by our team before loan is approved by our credit managers. - Promoter is from finance background with more than 15 years of experience in managing investment portfolio, sales & marketing and developing HNI assets. - Locations that we have planned to start in the initial stage are - Salem, Coimbatore, Dharmapuri, Krishnagiri, Karaikudi, Ramanathapuram - All in Tamil Nadu. - Physical assets include the interior setup and equipment of the offices.

- We are a Government approved Nidhi company and are a well known financial service provider in the region. - Currently operates more than 40 branches across Tamil Nadu including 8 branches in Chennai. - We have over 50,000 clients who use our financial products. - Our client base has been growing at 20-30% on YoY basis. - We are able to offer interest rates of over 10% on our Fixed Deposit accounts and have built a strong reputation for our trustworthiness. - The physical assets owned by the business include gold, land, commercial Building, operating assets and other pledged assets.

- We are a newly established Nidhi company, with license to provide mortgage and personal loan. - Have 32 members who have actively invested in the company, through which we are able to provide loans. - Company provides loans starting from 1 to 25 lakh INR, with a minimum tenure of 6 months to 5 years. - We have provided loans to 80 customers, who are individuals as well as businesses. We give out loan only through member's references and post KYC. - Our promoters and core members have more than 20 years of experience in banking sector. - Looking forward to expand our customer base by setting up more branches in towns of Madurai belt and setup operations in Chennai as well.

- 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.