Consumer Lending Businesses for Sale and Investment

Financial company that provides small-ticket loans to individuals lacking access to formal banking. - Offers a range of services including secured and unsecured loans, consumer and auto loans, investment plans, and basic health insurance. - Customers include pensioners, salaried professionals, small business owners, and self-employed individuals. - Issues 2–3 loans weekly, with interest rates between 18% and 22%. - Operates under RBI approval as loans are disbursed through partnered banks. - Collaborates with institutions like UIDAI, CIBIL, and NPCI to enable secure and seamless services.

1-Till date clients: - 450. 2-Till date disbursement: - 4crore. 3-Company E-NACH registration. 4-Company CRIF high mark (credit report) registration. 5- Company 100% loan recovery till date. 6- Two established branches. 7-Company DLT (SMS Gateway) registration.

Non-operational Nidhi Limited company that primarily targeted small traders and individual consumers, and offered loans and financial products tailored to local needs. - The company operated successfully for a year and disbursed loans totalling INR 60 lakh before experiencing challenges due to the Covid-19 pandemic. - Loans were initially offered at competitive interest rates of 12% and above. - Currently, there is an outstanding receivables loan and interest amount of INR 30 lakh, indicating a substantial level of embedment in the community and potential for recovery and growth. - Past experience highlighted challenges with unsecured loans during the pandemic, prompting a strategic pivot towards offering 100% secured loans moving forward. - The business is seeking investment to relaunch operations with a more secure and revised approach, emphasizing risk mitigation through collateral-backed lending. - With certificates of incorporation and a Nidhi status ensuring compliance, the company is positioned for a prudent and legally sound resurgence in the microfinance sector. - No RBI approval is necessary for Nidhi companies, as RBI has specifically exempted this category of NBFCs in India to comply with its core provisions such as registration with RBI.

Microfinance and consumer lending business in Sri Lanka. - Aids in women's empowerment through loan assistance. - Commenced operations in March of the current year. - The business offers short-term loans. - Loan periods span 3 months, 6 months, and 1 year. - Served over 100 clients this year. - The average interest rate ranges from 6% to 8% per month. - Permitted and registered under the Sri Lankan Registry of Companies. - According to the Sri Lankan government, a minimum of LKR 25 billion in loans must be disbursed before obtaining approval from the Central Bank of Sri Lanka.

Business partnerships: Well-established relations with businesses to facilitate payroll deducted loan repayments. - Regulatory relations: Fully licensed by the Bank of Jamaica under the Microcredit Act, 2021, ensuring compliance and credibility. - Customer relations: Proven communication channels with customers, fostering trust and transparency and repeat customers. - Staff expertise: Professional staff with over 15 years of specialized expertise in financial services. - Location: The loan office is currently located in a commercially active business area of Kingston, centrally located to enhance accessibility. - Client base: Currently serving 350 clients in Kingston and St Catherine. - Revenue Model: Primarily based on interest and commissions on transactions and loan fees. - Loan receivables: Valued at over JMD 23 million. - The company has access to the borrowers' repository of credit information and services. - The business is resilient and has withstood economic fluctuations (i. e. Covid 19) and markets changes without needing external financial support. - Consistent financial performance - Reflecting a well-managed loan portfolio and effective risk management practices. - Consistent financial performance: Reflecting a well-managed business. The total sales have declined slightly over the past year due to a reduction in the number of loans disbursed. Financial statements are available upon request for serious inquiries.