Business Call to Action: member commits to extend housing finance access to rural India

Author: United Nations Development Programme, Published on: 20 March 2013

Mahindra Rural Housing Finance (MRHFL) [part of Mahindra & Mahindra Financial Services] renewed its commitment to extend housing finance to customers in rural India as it joined a global initiative that encourages private sector efforts to fight poverty… MRHFL seeks to expand access to cost-effective and flexible home loans to a wide base of customers in rural India, ensuring that the basic need of shelter of this large “under banked” customer base is met expediently…“By pledging to uplift rural communities via easier access to housing finance, companies like Mahindra Rural Housing Finance will not only contribute to creating an inclusive economic development model but will also improve social equity in a sustainable manner,” said Mr Ramesh Iyer, Chairman, MRHFL…

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Related companies: Mahindra & Mahindra