Startup

Micro Finance Company via Section 8- Fees, Procedure, Documents

Section 8 Micro finance Company or Micro-finance Institution (MFI) is a financial organization that provides credit to people and organizations who are denied access to traditional financial institutions due to poverty, occupation, ethnicity, religion, or nationality. A Microfinance Company is registered with the Registrar of Companies as per Section 8 of the Indian Companies Act, […]

Startup
Difference Between Section 8 Microfinance Company Registration and NBFC

Difference Between Section 8 Microfinance Company Registration and NBFC

Microfinance firms, as the title suggests, are monetary establishments that present funds to low-income teams, the place the finance requirement is lesser in comparison with different sectors of society. These sectors usually wouldn’t have entry to conventional monetary establishments reminiscent of banks and different monetary establishments. Want Microfinance Corporations In India, there are a lot […]