Few investments earn you an Interest of 11-12% p.a. on small amounts like Rs. 1000! Lending on dhanaX is surely a more attractive option than a short-term fixed deposit in a bank!
Now consider this,
Farmers, small entrepreneurs and women in need of micro credit pay anything between 24% to 60% as annual interest on loans to money lenders and loan sharks.
Banks often do not lend small loans and come with a lot of attendant bureaucratic hassles.
As an aware Indian looking for a more economically impacting cause, social investment offers you the most dynamic avenue to invest! Besides, with dhanaX,
You get a credible platform to directly lend to genuine borrowers.
Borrowers access cheaper and quicker loans by eliminating intermediaries.
You minimize your risks by diversifying your investment across multiple borrowers. Learn more
You get an investment option that is profitable and immensely gratifying at the same time.
As a Non-Resident Indian (NRI), can I extend credit on dhanaX?
Yes. NRIs from any part of the world can extend credit on dhanaX to borrowers from India. For this, you should hold a valid Non-Resident External Rupee Account (NRE account) or an Ordinary Non- Resident Rupee Account (NRO account).