Investing in Monopurum Finance

Manopurum finance limited, or m f l, is a non banking financial coroperation. But they specialize in gold loans. The company was risking it all by offering high ticket loans while simultaneously accepting less collateral. If you had borrowed 85 thousand rupees pledging gold worth one lack rupees, and you later found out that the value of your collateral dropped to about 80 thousand rupees, you could technically default on the loan amount.