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