Section 8 Microfinance Company Registration

Money is core part or our life, whether we are doing any business or living our standards, it is true that without money nothing is possible.
In our Country, Micro Finance play a vital role, because there are so many small businesses and individual persons, who requires money in small. The problem is that banks and other financial institutions can not help such small businesses and individuals due to non-eligibility or high formalities of documents.
Therefore, social needs does not fulfill and hence the small businesses could not be capable to grow with market and consequently they dissolved.
Section 8 micro finance company is the best solution for all those, who seeks the funding without hurdles. It's objects to provide the credits with the motive of helping people, who really needs money at small level.
Therefore, Section 8 Company is a Social Non-Profit Organization and it is registered under section 8 of Companies Act, 2013. It was earlier known as Section 25 Company as per Companies Act, 1956.