Microfinance Company Investment Opportunity in Salem, India
| Established | 1-5 year(s) |
| Employees | 10 - 50 |
| Legal Entity | Public Limited Company |
| Reported Sales | USD 240 thousand |
| Run Rate Sales | USD 300 thousand |
| EBITDA Margin | 20 % |
| Industries | Microfinance |
| Locations | Salem |
| Local Time | 9:36 PM Asia / Kolkata |
| Listed By | Management Member |
| Status | Moderately Active |
- 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.
We provide fixed deposits up to 12.5% and recurring deposits up to 12%.
Our products include personal loans and business loans.
Tangible assets include office equipment, 40 desktops, and chairs.
Office is located in the south of the city on a 1,200 sqft area with a monthly rent of INR 40,000.
- Company has 6 shareholders.
- Business has no loans.
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1 week, 4 days agoOwner, Food Products, Erode, Individual Investor / Buyer connected with the Business
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Earlier than 15 daysRelationship Manager, IT, Patna, Individual Investor / Buyer connected with the Business
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Earlier than 15 daysDirector, Real Estate Agency, Mumbai, Individual Investor / Buyer connected with the Business
29 Investors viewed this Business this month.
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