M
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.
Investor insights
Funding rounds participated in
$5.4M sweet spot round size
Investor type
Privately Held
Basic info
Industry
Financial Services
Sectors
Financial Services
Date founded
2008
Funding rounds raised
Total raised
$5.4M
from investors over 1 rounds
M
Micro Housing Finance Corporation raised $5.4M on October 16, 2013