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.