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Microfinance Company Investment Opportunity in Kitwe, Zambia

MicroFinance business seeking investment to support expansion. We service largest markets in Zambia.
This Business is on a Premium Plan
Established 5-10 year(s)
Employees 5 - 10
Legal Entity Private Limited Company
Reported Sales USD 64 thousand
Run Rate Sales USD 70 thousand
EBITDA Margin 20 - 30 %
Industries Microfinance
Locations  Lusaka + 1 more
Local Time 10:20 PM Europe / London
Listed By Business Owner / Director
Status Active
Overall Rating
Partial Stake Sale
USD 150 thousand for 50.0% stake (Native Currency: ZMW 4,000,000)
Reason: We are seeking to expand our business. The funds raised will be used as follows. - Loan book expans... View More
Includes physical assets worth USD 7.4 thousand
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Business Overview

- We are located in the two most populous cities in Zambia - Lusaka and Kitwe.

- We have invested in cloud-based tailored loan management system which will support scaling.

- We have a Bank of Zambia licence and audited financials for every year since inception.

- We have an established client base and are currently servicing over +500 clients on our loan book.

- We have an experienced management team.

Products & Services Overview

- Payroll-based loans to private companies.

- SME Financing.

- Payroll-based loans to central government.

- Payslip-based salary advances.

- Financial literacy workshops.

Assets Overview

- A Harrier Toyota worth ZMW200,000.

- Modifications to Loan management System worth ZMW75,000.

Facilities Overview

- We have two small offices located in the Central business districts of Lusaka and Kitwe.

- We are seeking to invest in our digital infrastructure and minimise overheads associated with large office spaces.

- Over three-quarters of our loans are processed remotely. With the launch of our app this will enable us to even serve more clients remotely.

Capitalization Overview

Currently the business has the following shareholder ownership:

Ltd Company - 50%

Shareholder 1 - 44.3%

Shareholder 2 - 2.9%

Shareholder 3 - 1.4%

Shareholder 4 - 0.5%

Shareholder 5 - 0.5%

We have some external debt worth ZMW475,000 from Aamali Loans Zambia.

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Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct.
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