Micro Finance Business Raising Funds in Tiruchirappalli
About Business
Established in 2020 in Thiruchchirapalli, this enterprise focuses on providing group-based microloans to women entrepreneurs, aiming to support financial inclusion and empowerment at the grassroots level. The business operates under Section 8 registration and is structured as a not-for-profit entity with a strong social impact focus.
The company specializes in issuing Self-Help Group (SHG) loans to groups of 5 to 8 women members, with loan amounts typically ranging from ₹35,000 to ₹40,000. With a current book size of ₹3.5 crores, the organization has successfully impacted the lives of 2,500 to 3,000 women across its network.
Clientele type
The primary clientele includes women entrepreneurs from rural and semi-urban areas seeking small business capital through group lending models.
Premises
LEASED
Lease per month (in INR): 25.00 K
Security Deposit (in INR): 1.00 L
Carpet Area: 2,300 sq ft
Currently, the business is operating with one head office and two branches (all on rented premises).
Asking Price Includes
The terms of the transaction will be discussed with the potential investors.
Asking Price
INR 2.00 Cr
Minimum ticket size
INR 1.00 Cr
Reason
The owner is looking to raise funds to obtain an NBFC license, expand operations, and grow the client base further. The long-term goal is to scale up lending capacity and extend financial services to a larger number of underserved women across the region.
Licenses
Section 8 license from state government
More Details
The business has a dedicated team of 13 employees managing operations, client engagement, and collections.
Keywords
Business Tags
₹10 to ₹200 Cr
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