Micro Finance Company Raising Funds In Bhopal
About Business
The company has deployed a capital of INR 1.25 crore towards offering micro-loans, primarily in the Bhopal region. These loans typically carry an average annual interest rate of 30% and have short-term durations ranging from one to six months. Collections are managed daily basis.
Clientele type
The business caters to local micro and small enterprises in need of short-term financial support by providing small-ticket micro-loans. At present, the company serves approximately 350 local businesses in the Bhopal area.
Premises
LEASED
Lease per month (in INR): 26.00 K
Security Deposit (in INR): 50.00 K
Carpet Area: 850 sq ft
Asking Price Includes
The specifics of the deal will be shared and discussed directly with interested investors.
Reason
The company is experiencing growth and requires additional capital to meet the increasing demand for small loans.
Licenses
Incorporation certificate
More Details
Out of a total team strength of 19 members, 9 are dedicated to sales and collections
Keywords
Business Tags
Fundraising for ₹10 Cr – 500 Cr
Confidential Process Completed in 120 Days
Strategic Preparation, Aligned Investor Outreach and Seamless Closure
Supported by Advisors with 26+ Years of Experience