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Microfinance Company Seeking Loan in Jaffna, Sri Lanka

Invest in a microfinance firm with 5,000 customers providing small-group loans to Sri Lankan women.
This Business is on a Premium Plan
Established 5-10 year(s)
Employees 10 - 50
Legal Entity Private Limited Company
Reported Sales USD 1.4 million
Run Rate Sales USD 1.7 million
EBITDA Margin 24 %
Industries Microfinance
Locations  Jaffna
Local Time 5:23 PM Asia / Colombo
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 340 thousand for 25.0% annual interest, 3 years (Native Currency: LKR 100,000,000)
Reason: Credit requirement for people is high in Jaffna and also to create new branches.
Collateral Available: USD 500 thousand
Includes physical assets worth USD 70 thousand
Interested to connect with advisors
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Business Name
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Business Overview

1. The firm was established in 2017 to provide small-group loans for women in Sri Lanka.

2. The company is registered under the Lanka Microfinance Participation Association and has more than 5,000 customers.

3. Products & services offered include microloans, business loans, product loans, and staff loans.

4. The company is focused on reviewing and upgrading internal processes and systems to provide improved customer service.

5. The company's services are aimed at helping people in the district to become economically successful.

6. The company currently employs 33 people.

7. The company is headed by an experienced industry professional.

Products & Services Overview

We provide microloans, business loans, product loans, and staff loans.

Assets Overview

We have desktops, laptops, photocopy machines, fitting things printers, POSS machines, finger printer machines, AC & TV, office tables, office chairs, office cupboards, and sofas etc. total values is more than LKR 20 million.

Facilities Overview

We have five branches in Jaffna total branches 4,100 sq ft.

We pay a monthly rental of LKR 420,000.

Capitalization Overview

The company started personal investment. Now we have more than 150 investors.

Our company's outstanding loan amount is LKR 240 million.

Shareholders- 2 - 50\50 split.

Recent Activity
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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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