Women's Apparel Store Seeking Loan in Pheidinga, India

- Manufacturer of traditional muga clothing, dhotis, silk sarees that is an indigenous traditional Indian dress.

- Secured the National Entrepreneurship Award last year and have also put up stalls in many exhibitions.

- Have served more than 1,00,000 individuals to date.

- Procure raw material from the local market and 10-12 vendors located across India.

- Make 1,200-1,300 pieces of clothes per month and sell them to the local market and 30+ retailers present in metropolitan cities like Guwahati, Kolkata, Delhi, and Chennai.

- Also, have 2 showrooms in Manipur from where products are sold to visiting retailers and wholesalers.

- Clothes are sold under our own proprietary brand.

- Orders are acquired through our network, newspaper advertisements, and references.

- Manufacturing is outsourced to 130 local village people and they are employed on a contractual basis.

- The villagers are provided with all the raw materials and machinery required to make the clothes.

- Packaging is done in-house by 5 workers who work under us.

- Promoter has been running the business since several years and has a good understanding of it.

Handlooms, silk sarees, muga dhotis, ladies blouses, and many more.

Assets include land, furniture, machinery, and stock. We also have one more upcoming showroom which is under construction. Machinery includes 4 spinning wheels, charkha, 150 looms, and other hand machinery. Inventory worth INR 30 lakh is also included.

Have 2 rented showrooms with a space of 250 sq. ft. each. The total rent is INR 15,000.

Also, own a 450 sqft building where all the packaging takes place.