Want to start a shop for own business, bank loan - advice required

banujaga · Feb 4, 2012

Friends,

We are planning to rent out a shop and start our home made business. I wanted to know:

1.Does banks give loans for opening such shops?
2. What is the procedure for such things?
3. What kind of paper work, preparatory work is required to approach the bank?
4. How do we prepare a proposal?

Friends, I am new to this field. I really really need your advice to start the business. I stay in Bangalore.

Looking forward for all your advises.

banu

paanzaa · Feb 5, 2012

What is the line of business?

banujaga · Feb 5, 2012

Hi,

It is marketing of home base pickles, curry powders and masalas.

regards
banu

paanzaa said: ↑

What is the line of business?
Click to expand...

Saisakthi · Feb 5, 2012

Dear Sister,

Many first time entrepreneurs have got benifitted from AWAKE, may be you could give it a try....

Association of Women Entrepreneurs of Karnataka
B-76, Industrial Estate,Rajaji nagar
Bangalore-560044
KARNATAKA
Phone-91-80-3389964,3111059
Fax-91-80-3389964
website-http://www.awake-india.org
Email-awakener@blr.vsnl.net.in

Wish you all success.

paanzaa · Feb 5, 2012

They will give you soft loan. Go with a business proposal.

orion80 · Feb 5, 2012

AWAKE:http://awakeindia.org.in/ is a good place to start. They also help you get more contacts and give infoon how to improve/expand your business.

Also try SIDBI. They have upto 25% loan principal waiver for women entreprenuers.

banujaga · Feb 6, 2012

paanzaa said: ↑

They will give you soft loan. Go with a business proposal.
Click to expand...

Thanks for your reply. I do not know how to write a business proposal. Please help me with some pointers.

Have a great day.

Regards
banu

banujaga · Feb 6, 2012

Saisakthi,

Thank you for your response. A very valid info. I will appraoch them today or tomorrow and keep you posted.

Have a great day.

regards
banu

Saisakthi said: ↑

Dear Sister,

Many first time entrepreneurs have got benifitted from AWAKE, may be you could give it a try....

Association of Women Entrepreneurs of Karnataka
B-76, Industrial Estate,Rajaji nagar
Bangalore-560044
KARNATAKA
Phone-91-80-3389964,3111059
Fax-91-80-3389964
website-http://www.awake-india.org
Email-awakener@blr.vsnl.net.in

Wish you all success.
Click to expand...

banujaga · Feb 6, 2012

Hi Orion,

Thank you for your response. A very valid info. I will appraoch them today or tomorrow and keep you posted.

Have a great day.

regards
banu

orion80 said: ↑

AWAKE:Association of Women Entrepreneurs of Karnataka | Entrepreneurship Awareness | Women Seminar | NGO | Membership | Women NGO | Women | Entrepreneur | Entrepreneurship | Business | Women in Business | Counseling | Incubator | Food processing | Processe is a good place to start. They also help you get more contacts and give infoon how to improve/expand your business.

Also try SIDBI. They have upto 25% loan principal waiver for women entreprenuers.
Click to expand...