Microfinance Company Seeking Loan in Delhi, India
Newly started micro-finance company that has disbursed over INR 45 lakh to 500 clients.
| Established | 1-5 year(s) |
| Employees | 10 - 50 |
| Legal Entity | Private Limited Company |
| Reported Sales | Nil |
| Run Rate Sales | USD 30 thousand |
| EBITDA Margin | 10 % |
| Industries | Microfinance |
| Locations | Delhi |
| Local Time | 7:11 AM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Active |
Seeking Loan
USD
240 thousand
for
18.0%
annual interest,
1
year
(Native Currency: INR 20,000,000)
Reason: Funds to be used to open new branches and disburse micro loans which can be collected on a monthly o...
View More
Collateral Available: USD 0
Includes physical assets worth
USD
6 thousand
Name, Phone, Email
Available after connect
Business Name
Available after connect
User Verification
Documents
ROC-Verification.pdf
(59.5 KB)
Business Overview
- We are a micro-finance company that was recently started in Delhi.
- Operations have been started and so far we have disbursed over INR 45 lakh to 500 clients.
- We are associated with well known finance companies like Usha Finance and ASA Microfinance.
- Company currently has one branch and is planning to open 10 more in the next 4-5 months.
- Promoter has completed his MBA and CA Inter and has worked with micro-finance companies for over 8 years.
- Company's physical assets include furniture, CCTV, lockers, cabins.
Products & Services Overview
Providing micro loans and micro finance to clients.
Facilities Overview
Head office at residence as well as a rented branch office of 2,000 Sq. Ft.
Capitalization Overview
Not Disclosed
Recent Activity
-
Earlier than 15 daysExecutive Director, New Delhi, Financial Consultant connected with the Business
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. Note that SMERGERS is not liable for any loss, damage, costs, claims and expenses whatsoever arising from transacting with any other user from the website. The final responsibility of conducting a thorough due diligence and taking the transaction forward lies with the users. Please read best practices on SMERGERS.
Contact Business
456 Investors viewed this Business.
Register below to connect now!
- Social
- Register
- Login
Who uses SMERGERS?
... and 105,000+ other businesses of all sizes.
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.
You might also be interested in these businesses