Spices Businesses Seeking Loan in Nalgonda

Spice production business, currently in the pre-revenue phase. - Although the business was initiated three years ago, operations had to be temporarily halted due to financial constraints, which is why we do not have sales data for the previous year. We did not operate for the last two years. - We own 10 acres of agricultural land, where we cultivate high-quality spices such as turmeric and chili. This same land is being pledged as collateral. - Our facility is equipped with spice grinding machinery that has a production capacity of 250 kg per hour. - The business is entirely farmer-owned and is located in the Gudimalkapuram village in Nalgonda, which is a mirchi hub, which helps keep transportation costs low. - We produce spices ourselves or source directly from farmers, eliminating middlemen and ensuring better margins. - There are three cold storage facilities located within a one-kilometre radius, allowing us to maintain the freshness of our spices. - Additionally, we benefit from a skilled and low-cost local workforce, which supports efficient operations. - Our sales strategy will focus on both B2B and B2C channels, targeting retailers and wholesalers as well as direct consumers. - After getting the business loan, our projected revenue for the first year is INR 24 lakh. - We are registered under Udyam and hold a valid GST certificate.

Spice production business, currently in the pre-revenue phase. - Although the business was initiated three years ago, operations had to be temporarily halted due to financial constraints, which is why we do not have sales data for the previous year. We did not operate for the last two years. - We own 10 acres of agricultural land, where we cultivate high-quality spices such as turmeric and chili. This same land is being pledged as collateral. - Our facility is equipped with spice grinding machinery that has a production capacity of 250 kg per hour. - The business is entirely farmer-owned and is located in the Gudimalkapuram village in Nalgonda, which is a mirchi hub, which helps keep transportation costs low. - We produce spices ourselves or source directly from farmers, eliminating middlemen and ensuring better margins. - There are three cold storage facilities located within a one-kilometre radius, allowing us to maintain the freshness of our spices. - Additionally, we benefit from a skilled and low-cost local workforce, which supports efficient operations. - Our sales strategy will focus on both B2B and B2C channels, targeting retailers and wholesalers as well as direct consumers. - After getting the business loan, our projected revenue for the first year is INR 24 lakh. - We are registered under Udyam and hold a valid GST certificate.