Micro Housing Finance Corporation

General Information
Company Name
Micro Housing Finance Corporation
Founded Year
2008
Location (Offices)
Mumbai, India +1
Founders / Decision Makers
Number of Employees
75
Industries
Finance, Financial Services, Real Estate +1
Funding Stage
Private Equity
Social Media

Micro Housing Finance Corporation - Company Profile

Micro Housing Finance Corporation Limited (“MHFC”) was incorporated on May 16, 2008 with the objective to provide housing finance for lower income households (mostly in the informal sector) in urban India. The company believes that one of the issues stalling the development of low income housing is the lack of finance available to buy such homes, and MHFC seeks to specifically address this gap. The company is registered as a Housing Finance Company and is exclusively focused on providing mortgage solutions to the financially excluded and informal income earners in urban India. In 2013, the company received a $5.40M Private Equity Round investment from Unilazer Ventures, Michael & Susan Dell Foundation, and Caspian Impact Investments. This investment indicates confidence from established venture firms and foundations in the potential of MHFC's mission and business model. With its focus on addressing an unmet need in a large and growing market, MHFC presents an appealing opportunity for impact-driven investors seeking to support financial inclusion and housing accessibility in India.

Taxonomy: Housing Finance, Microfinance, Low-income housing, Urban India, Informal sector, Mortgage solutions, Financial inclusion, Affordable housing, Housing sector, Urban development

Funding Rounds & Investors of Micro Housing Finance Corporation (2)

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Funding Stage Amount No. Investors Investors Date
Private Equity Round $5.40M 3 Caspian Impact Investments 16 Sep 2013
Venture Round Unknown 1 Caspian Impact Investments 01 Dec 2009

Latest News of Micro Housing Finance Corporation

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No recent news or press coverage available for Micro Housing Finance Corporation.

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