1. Microfinance is the biggest successful business considering that it has the lowest default rate. Thus to cash on this opportunity DhanaXdotcom (remove word dot) has been launched in India which is equivalent to Prosperdotcom (remove dot)at the international level.

2. Dhanax is like a mediator which is bringing the lenders and buyers on a same platform and as a net result needy gets requisite loan at affordable conditions. DhanaX is based in Bangalore. One can call their venture of microfinance as a social investment opportunity. Thus if you have additional money one can tie up with them to be a part of this innovative venture with high returns.

3.It is a hit service as only 34% population of India has assess to banks and this facility helps the borrower to avoid pawnbrokers or moneylenders, who usually charge anything between 40-120% interest rates per annum.

4. One organised sector in this field is Manappuram General Finance and Leasing Limited regarding which a lot has been written on this financial blog as upcoming Indian Stock and hope all those who entered in the said stock would have made a lot of money.
Happy Investing
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