Aashiyaan Housing and Development Finance

India
Sector
Housing
 
Stage
Startup
 
Instrument
Equity
 
Year
2018
 
Fund
Insitor Impact Asia Fund

Rapid urbanization in India has resulted in over 10 million people migrating to towns and cities from rural parts of India each year

Aashiyaan provides affordable housing finance to low-income communities in semi-urban/semi-rural and urban areas in India. The Company targets serving small entrepreneurs, primarily from the informal sector.

With an average ticket size of ~USD 10k, Aashiyaan’s loans will primarily be used for house construction, extension, and improvement.

The company aims to be the largest housing financing company in the micro-housing sector in Eastern India.

Website: http://www.aashiyaan.in/